Hyperledger is a blockchain-based distributed ledger systems developed by the Linux Foundation. It is an open-source project with the aim of providing a solid foundation and framework for permissioned enterprise-grade blockchain deployments. Unlike cryptocurrencies and other blockchain-based distributed ledger systems, Hyperledger does not have a native cryptocurrency – it is a platform for creating custom and private “permissioned” distributed ledger systems.

Hyperledger has several sub-projects, such as Hyperledger Fabric, Sawtooth, Composer, and Cello, that are used to create “smart contracts” — automated, verifiable, digital agreements between two parties — and link them to the enterprise’s digital ledger. The framework provides a powerful foundation for building digital enterprise applications, like asset tracking, digital identity management and other commercial applications.

The Hyperledger project, hosted by the Linux Foundation, brings together leading organizations that are active in financial services, banking, Internet of Things, manufacturing, and technology experts, providing them with a secure and efficient platform on which to build enterprise-grade blockchain applications. Developers of distributed ledger technologies, banks, financial institutions, supply chain organizations, manufacturing companies, and tech startup companies have all joined the Hyperledger Project, in conjunction with The Linux Foundation. Each is committed to making enterprise-grade blockchain applications faster to develop, easier to secure, and more reliable than ever.

Hyperledger combines the best of blockchain and distributed ledger technology while keeping the focus on the explicit needs of businesses in regards to privacy, confidentiality, scalability, and interoperability. By providing an extensible set of tools, APIs, and infrastructure support for developing blockchain applications that are compatible with one another, Enterprises can leverage Hyperledger’s cutting-edge technology to quickly launch their unique applications and securely exchange information and assets. Additionally, Hyperledger managed projects include multiple tools and frameworks to help developers create distributed ledgers that have an easily accessibly ledger, privacy and scalability.

The popularity of Hyperledger is attributable to its proven ability to offer secure, private, and reliable distributed ledger technology that is compliant with Enterprise requirements. Subprojects within the Hyperledger umbrella are designed to meet the various needs of the Hyperledger ecosystem while providing great versatility and scalability. The Linux Foundation’s collaboration strategy with Hyperledger enables collaboration, skill sharing, and innovation within the enterprise blockchain space.

With its ability to offer enterprise-level blockchain solutions, Hyperledger gives Enterprise developers the ability to easily create applications that are both secure and private. As a result, it's quickly become one of the most popular open-source projects within the blockchain space. With its suite of frameworks, tools and libraries, Hyperledger is well-positioned to continue to lead the industry in developing production-ready technology that customers can trust and rely upon.