3. Hyperledger Fabric as a Blockchain Framework in the Financial Industry

Blockchain technology has recently received a lot of media attention. However, the discussion is often restricted to concepts and not about the technology itself or how to implement it. In this article, we would like to sum up the benefits of blockchain for the financial industry and introduce possible technologies. After providing a brief overview of the various Hyperledger frameworks and tools, we will introduce Hyperledger Fabric. We will be explaining the components of this open-source framework in detail and illustrating a sample transaction process. Special emphasis will be on privacy methods and how they can be implemented using Hyperledger Fabric.