You’ve successfully set up your Blockchain network on some platform (Hyperledger Fabric, Ethereum, Corda, Quorum, etc…) and made it past your proof of concept and pre-production stages. While Blockchain is inherently secure as an immutable (can’t be altered) data structure, it still requires keeping an eye on the users, algorithms, and incoming data interacting on your chain.
Emerging technologies are often difficult to understand and even harder to implement. With the release of Amazon Quick Starts (AQS), software architects are now able to deploy a wide range of different technologies in near real-time. Ranging from SAP databases to IBM Machine Learning to Managed Blockchains, AQS cuts down countless steps into just a couple of manual procedures. This is a huge benefit to companies that are interested in testing the waters without having to pump money into proof of concepts. The benefits of deploying a managed blockchain on AQS span further than saving time and capital.
Hyperledger recently announced the much-anticipated release of its latest project: Avalon. Avalon represents a trusted computing framework and, by extension, a leap forward in addressing the key blockchain issues of scalability and confidentiality. Before Avalon, users often addressed these issues by conducting the relevant transactions off-chain. That choice represented a trade-off where users sacrificed transparency which is gained through on-chain transaction for off-chain transactional speed and security.
When you put a new network into production, you need to start actively monitoring your blockchain and auditing it. Here are five important steps you should take:
When blockchains and Distributed Ledger Technologies (DLT) first appeared, one of their biggest appeals was that they allowed anyone to verify and validate ledger data. While that’s still a big appeal, DLTs are increasingly being implemented with access restrictions, which allows them to operate much more efficiently. For some use cases, adding access control would be a deal-breaker, but for others, it can be a big plus.
Both Ethereum and Hyperledger Fabric are Distributed Ledger Technology (DLT) frameworks built on the blockchain concept. They differ in several important ways, however. Ethereum was designed as a public blockchain that would enable distributed computing applications; Hyperledger Fabric is a permissioned private blockchain designed for use among large enterprises and business groups. Here are their five most important differences:
BlocWatch, the leading enterprise blockchain monitoring, analytics, and security company, announces the closing of a $5.5 million funding round. The funds will be deployed to help BlocWatch expand its blockchain management platform used for enterprise implementations of Hyperledger Fabric, Ethereum, and Corda.