What is Hyperledger Foundation?
Hyperledger Foundation is an open source community focused on developing a suite of stable frameworks, tools and libraries for enterprise-grade blockchain deployments. It is a global collaboration, hosted by The Linux Foundation, and includes leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. Built under technical governance and open collaboration, individual developers, service and solution providers, government associations, corporate members and end users are all invited to participate in the development and promotion of these game-changing technologies.
Similar to The Linux Foundation, Hyperledger Foundation has a modular approach to hosting projects. The Hyperledger Foundation hosts developing business blockchain projects from Hyperledger Labs to stable code ready for production. All are invited to contribute to Hyperledger projects and communities; collectively advancing industry goals of distributed ledger and smart contracts.
Why enterprise-grade blockchain technologies?
Most enterprise blockchain applications rely upon real world trust relationships, wherein the goal is to set up a set of participants in an ecosystem with the needed insurance that the boundaries are flexible enough to bring in more participants in the future. Participants on a permissioned network are known to one another, and therefore have an intrinsic interest in participating in the consensus making process. This community of participants want to share data with a greater degree of security. Without needing to run proof of work mechanisms, they can resolve more immediate problems than on a public cryptocurrency blockchain. Blockchains can be used to record promises, trades, transactions or simply items we never want to disappear. Mirrored exactly across all nodes in a given network, it allows everyone in an ecosystem to keep a copy of the common system of record. Nothing can ever be erased or edited. All businesses participating in a commercial ecosystem need a ledger to contain a record of transactions. It is vitally important to know that your copy of the ledger is identical to others’ in the network.
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
