The Hyperledger multi-project open source collaborative effort, hosted by the Linux Foundation has recently announced the initiation of a new project targeted at building a supply chain solution. The project called Hyperledger Grid will help accelerate the development of blockchain-based solutions to cross-industry supply chain problems.
The Hyperledger Grid Framework
According to a recent statement coming from Hyperledger, it was stated therein that:
“Hyperledger Grid is a framework. It’s not a blockchain and it’s not an application. The grid is an ecosystem of technologies, frameworks, and libraries that work together, letting application developers make the choice as to which components are most appropriate for their industry or market model.”
The framework which is currently in development will demonstrate authentic and practical ways of combining components from the Hyperledger stack into a single, effective business solution.
According to Hyperledger, the framework will feature software development kits (SDKs), data models, and a set of libraries. The purpose of this is to accelerate development for supply chain smart contracts and client interfaces.
The Hyperledger Grid Proposal also states that:
“As an example, supply chain use cases are typically anchoring on industry standard/adopted data standards. Implementing those data models/standards in open ways via this project will lower the barrier for people to build apps using those standards,”
Hyperledger made it known that several contributors such as Cargill, Intel, and Bitwise IO will be involved in the project.
One of the Most Successful Blockchain Endeavours
The Hyperledger project has so far being a success as it has garnered for itself many collaborations and contributors since its official launch by the Linux Foundation.
A recent report documenting the uniqueness of the project states that:
“It not only offers a dApp platform for creating practical solutions but it also provides collaborative partnership and unique smart contract technology as well as rich resources such as plug-in tools and frameworks that businesses can use in the process of dApp development. In the spirit of Linux, it also features a very active online community.”