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Hyperledger Unveils A Suite Of Blockchain Tools Hyperledger Aries For Interoperability

BFSI News

Hyperledger_Unveils-A-Suite-Of-Blockchain-Tools-Hyperledger-Aries-For-Interoperability-1 Hyperledger Unveils A Suite Of Blockchain Tools Hyperledger Aries For InteroperabilityHyperledger, an open-source blockchain platform, has reportedly released a set of tools, named Hyperledger Aries, which is designed to interoperability of diverse kinds of blockchain-centric data. The new set of tools, which ostensibly allows the exchange of blockchain-based data, supports peer-to-peer (P2P) messaging and make easy interactions between different blockchains and other distributed ledger technologies. Moreover, the Hyperledger’s project is aimed at offering code for P2P interaction and enhances interoperability, among other objectives, as per the report.

The Hyperledger Aries consists of a blockchain interface layer, cryptographic wallet, encrypted messaging system, application programming interface-like use cases and among other tools. In December 2018, the Hyperledger Technical Steering Committee gave approval to the Ursa project, a modular cryptography software library, which is designed to thwart wasted work on the identical copy, advance security by simplifying analysis and making it less likely for less experienced people to create their own less secure deployments. Recently, a member of the Hyperledger collaboration Intel had introduced a commercial blockchain package based on the Hyperledger ecosystem for businesses that keen to roll out their own blockchain.

Based in the San Francisco Bay area, Hyperledger is an open source collaborative effort developed to beef up cross-industry blockchain technologies. Hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things (IoT), supply chains, manufacturing and Technology, Hyperledger is a global collaboration.