Asked by: Madelen Opgenoorth
asked in category: General Last Updated: 31st May, 2020

What is the purpose behind developing Hyperledger Indy?

Hyperledger Indy is a distributed ledger, purpose-built for decentralized identity. Developers can use the tools and libraries from Hyperledger Indy to create identity solutions that are interoperable across jurisdictions and agencies.

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Consequently, what is the purpose of Hyperledger Indy node?

Hyperledger Indy. Hyperledger Indy provides tools, libraries, and reusable components for providing digital identities rooted on blockchains or other distributed ledgers so that they are interoperable across administrative domains, applications, and any other silo.

Also, which Hyperledger project is a benchmarking tool? We're excited to announce that Caliper has been accepted by the Technical Steering Committee as the latest Hyperledger project! Hyperledger Caliper is a blockchain benchmark tool, which allows users to measure the performance of a specific blockchain implementation with a set of predefined use cases. Why Caliper?

Accordingly, which consensus algorithm is used by Hyperledger Indy?

Hyperledger Iroha introduces a BFT consensus algorithm called Sumeragi, which tolerates f numbers of Byzantine faulty nodes in a network, like all BFT systems.

Which Hyperledger framework is used for decentralized identity management?

Hyperledger Indy, a distributed ledger built for decentralized identity, leverages blockchain technology to create a platform for issuing, storing, and verifying credentials that are transferable, private, and secure.

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