Hyperledger is an open-source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing, and Technology.
What is Hyperledger Composer?
Hyperledger Composer is a framework for building blockchain business networks. It provides a high level of abstraction for designing your network so you can focus on the specific application and get it running quickly. There is flexibility to use the toolkit provided or share them with other players in your own industry space so that you don’t have to reinvent the wheel when you start working on your own applications from scratch.
- Carrying the burden of complexity in business transactions inevitably necessitates a large number of contract codes in order to make sure that certain agreements are fulfilled.
- The need for maintaining these contracts can ultimately lead to a lack of consistency between codes as well as lost time and resources when mistakes happen during the process.
- To solve this problem, it’s important to use technology like Hyperledger Composer which facilitates shared cross-project code management for all stakeholders involved in development and deployment rather than relying on a single entity’s interpretation or attempts at execution.
Key Points:
- Hyperledger Composer is an open-source platform that supports smart contract development.
- The platform focuses on allowing users to create business networks by means of making use of pre-built components.
- It’s designed for supporting blockchain applications in order to make them compatible with other Hyperledger tools.
- It’s developing and maintainable by different stakeholders at the same time, not just a single entity.
- The platform’s development team aims to make the platform readily available to developers, organizations, businesses, and associations which are looking to utilize blockchain technologies like Hyperledger Composer in order to conduct business operations.
- The platform focuses on cross-project code management for all stakeholders involved in the development and deployment of their projects.
- Hyperledger Composer is a modular architecture that facilitates the creation of components that can be incorporated and reused in order to reduce complexity.
In order to reduce complexity while supporting secure transactions in a digital environment, the developers of Hyperledger Composer focus on the creation of components that can be incorporated and reused in order to reduce complexity while ensuring secure transactions. It’s also designed to support blockchain applications and is capable of making them compatible with other Hyperledger tools. It’s developed and maintained by different stakeholders at the same time, not just a single entity. It’s an open-source tool that facilitates the creation of business networks through its modular architecture.
Features Of Hyperledger Composer
- Hyperledger composer is a modular toolkit with pre-built components to build blockchain business networks. With its help, you can build blockchain business networks in days and not weeks.
- You can create a smart contract using composer and get it running in only two days.
- It also supports plug-in features that improve debugging experience by enabling users to troubleshoot network-related issues effectively. It also lets developers assess the network communication flows easily with network packet traces and decoding of the payloads generated by different applications connected to the distributed ledger system.
- One can use one of these sample plug-ins to troubleshoot the system runtime environment of your choice on Mac, Linux, or Windows systems.
Hyperledger Composer Architecture
Developers of the Hyperledger Composer platform utilize Apache Cassandra as a tool for providing access to a set of services that form the underlying architecture of this platform.
- These services include the ledger, storage interface, and event service.
- In order to interact with these services and make use of the Hyperledger Composer platform, developers can make use of the application called “Composer Playground” which allows them to get used to the workflow and perform certain tasks like creating contracts or running different transactions through an IDE (Integrated Development Environment).
Hyper Ledger Composer Working
Hyperledger composer is a business toolkit that is used for developing blockchain business networks. One can create a network using composer and transact with digital assets such as smart properties, contracts, value tokens, and currencies by using their unique digital identities.
- It provides the freedom to create your own applications with it because of its modular architecture.
- One can start from scratch, import an existing Ethereum Solidity smart contract or use one of its sample plug-ins like Hyperledger Geth to troubleshoot the system runtime environment on Mac, Linux, or Windows systems.
- Hyperledger Composer is a platform that’s geared towards promoting consistency in business transactions through the use of a modular architecture that facilitates the creation of components that can be incorporated and reused in order to reduce complexity.
- It’s an open-source tool that supports smart contract development and focuses on allowing users to create business networks by means of making use of pre-built components. It’s also focused on supporting blockchain applications that are compatible with other Hyperledger tools.
The development of Hyperledger Composer started in August 2015 as a result of the blockchain-based voting platform having been released by the Ethereum Foundation. According to the project’s website, a Hyperledger Composer is a tool that was designed to reduce complexity while supporting secure transactions in a digital environment. It can be used for maintaining complex business networks and is designed to manage shared code across organizations. The platform’s development team aims to make the platform readily available to developers, organizations, businesses, and associations which are looking to utilize blockchain technologies like Hyperledger Composer in order to conduct business operations.
Benefits Of Hyperledger Composer
- Hyperledger composer helps in building various business applications and allows you to experiment with the technology at a low cost.
- It lets you quickly modify the model from one application to another.
- It is an open-source tool which means that you can get it for free. The code is hosted on GitHub and anyone can contribute by adding or modifying features to this framework.
- The best part is that it can be used by developers as well as non-technical users in organizations, regardless of their level of proficiency with blockchain technology.
Conclusion
While Hyperledger Composer is a platform that supports smart contract development, it’s essentially an open-source tool that can be used by developers to create and maintain their own applications. Its modular architecture allows users to develop components that can be incorporated and reused in order to reduce complexity while ensuring secure transactions. It’s developed and maintained by different stakeholders at the same time, not just a single entity. It facilitates shared cross-project code management for all stakeholders involved in the development and deployment of contracts or projects. Thus, developers can make use of this platform in order to create a business network using pre-built components or to make blockchain technologies compatible with other Hyperledger tools.