Best Blockchain Platforms for Precisely

Hyperledger Sawtooth is a modular and flexible architecture that separates core system and application domain. Smart contracts can then specify business rules for applications without having to know the underlying design. Hyperledger Sawtooth supports a range of consensus algorithms, including Practical Byzantine Fault Tolerance and Proof of Elapsed Time. Sawtooth, originally developed by Intel, is a suite of blockchain applications that is flexible and scalable. Distributed Ledger Technology is a promising technology that can be used in many areas, from IoT to financials. This architecture recognizes that there are many requirements across this spectrum. Sawtooth is compatible with both permissioned deployments and those that are not. It also includes Proof of Elapsed Time (PoET), a novel consensus algorithm. PoET targets large validator populations distributed with minimal resource consumption.

Hyperledger Iroha was designed to be easy to integrate into IoT or infrastructural projects that require distributed ledger technology. Hyperledger Iroha has a simple, modular, domain-driven C++ architecture, an emphasis on client application development, and a new, crash fault-tolerant consensus algorithm called YAC. Hyperledger Iroha, a simple blockchain platform, allows you to create trusted, secure, fast applications using the power of permission-based Blockchain with Crash fault-tolerant Consensus. It is free and open-source. It works on Linux and Mac OS. There are many mobile and desktop libraries. Hyperledger Iroha, a permissioned general-purpose blockchain system, can be used for managing digital assets, identity, serialized data, and other related matters. This is useful for applications such interbank settlement, central banks digital currencies, payment system, national IDs, logistics, and many other things.

Hyperledger Indy offers tools, libraries, reusable components, and other resources for creating digital identities rooted in blockchains or other distributed ledgers. They can be interoperable across administrative domains and applications as well as other silos. Indy can be used to power the decentralization and interoperability of other blockchains. Distributed ledger purpose-built for decentralized identity, correlation-resistant by design. Decentralized Identifiers (DIDs) are unique globally and can be resolved (via a ledger), without the need for centralized resolution authority. Pairwise Identifiers establish secure, 1:1 relationships between two entities. Verifiable Claims are an interoperable format that allows for the exchange of digital identity attributes. Zero Knowledge Proofs are data that proves some or all of a set of Claims to be true without disclosing additional information.

Hyperledger Besu, an Ethereum client, is enterprise-friendly for both private and public permissioned network use. It can also run on test networks like Ropsten, Rinkeby, and Gorli. Hyperledger Besu contains several consensus algorithms, including PoW and PoA (IBFT 2.0, Etherhash and Clique). Its extensive permissioning schemes were specifically designed for use in a consortium environment. Hyperledger Besu implements Enterprise Ethereum Alliance (EEA). The EEA specification was created to provide common interfaces between the various open and closed-source projects within Ethereum. This is to ensure that users don't have vendor lock-in and to make it easier for developers to build applications. Besu implements enterprise features according to the EEA client specification. Hyperledger Besu implements several consensus algorithms that are involved in transaction validation and block validation.