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Hyperledger Fabric 2.0 Launches With New Features; Decentralized Governance And Data

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Hyperledger Foundation announced the launch of Hyperledger 2.0 on Thursday.
The second version of the open-source blockchain will include new features on governance, scalability improvements, and data privacy on a need to know basis.
In an official launch published by Hyperledger Foundation, users can now access the Hyperledger 2.0, the second version of their enterprise based decentralized ledger, focusing on production.The open-source blockchain will introduce new data privacy controls on a need to know basis, a new chaincode management cycle that provides decentralized governance for smart contracts. Furthermore, the second version will provide a more scalable platform for efficiency. Rob Palatnick, Governing Board Chair at Hyperledger said,

“THE RELEASE OF HYPERLEDGER FABRIC 2.0 IS AN IMPORTANT STEP FORWARD IN THE ON-GOING EVOLUTION OF DLT, AND WAS DEVELOPED BASED ON FEEDBACK FROM REAL-WORLD USE, INCLUDING IMPROVED CHAINCODE MANAGEMENT CAPABILITIES AND PERFORMANCE ENHANCEMENTS.”

The Hyperledger Fabric model has been adopted by a number of large companies across the globe since launching in 2015. As of 2019, 30 of the Forbes Blockchain 50 companies, were using the open-source platform or experimenting on it including Amazon Web Services, IBM, Oracle, Tencent, Alibaba, and Google.
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