A consensus mechanism can be chosen by Hyperledger Fabric to allow

network starters to best represent the relationship that exists between the

participants as per its design. A spectrum of needs of networks that are highly

structured in their relationships to those that are more peer-to-peer exists as

with privacy.

In summary, with a modular architecture, a blockchain framework

implementation is Hyperledger Fabric that uses components such as consensus

and membership services to be plug-and-play allowing the development of

applications and solutions. The container technology is leveraged by

Hyperledger Fabric to host chaincode, which are smart contracts comprising

the application logic of the system. It is a Linux Foundation Proj ect announced

in December 2015 , which now has nearly 100 members who contribute to the

proj ect that had started with 17 founders. A collaborative effort that advances

blockchain technology is the Hyperledger proj ect which identifies and

addresses the important features for a cross-industry open standard for

distributed ledgers transforming the way business transactions are conducted

globally. It is an initiative that is open source and open standards-based.

Displayed in the following figure is the access integrity of the ledger copy: