Matt Zand - Hands-On Smart Contract Development with Hyperledger Fabric V2: Building Enterprise Blockchain Applications

by Matt Zand , Xun (Brian) Wu , and Mark Anthony Morris

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Blockchain is currently the forerunner technology in shaping the next generation of fintech by offering transparent and fast transaction processing, higher financial data availability, better security, and tremendous cost savings in the financial industry. By introducing decentralized authority that makes third-party and middle actors obsolete, blockchain has initiated a paradigm shift in the way traditional financial institutions and other industries run their business operations.

A recent Gartner survey showed that more than 40% of companies have at least one blockchain pilot project in progress. Gartner also predicts that 30% of global blockchain projects will make their way to the production stage. Likewise, the global blockchain market is growing, manifested by a large number of Forbes Global 2000 companies currently experimenting with digital trust implementations.

Gartner has predicted that 90% of enterprise blockchain platform deployments will require replacement within 18 months from 2021 in order to stay competitive and secure, and to deter obsolescence. Gartner also predicts that by 2025, the business value generated by blockchain will move up gradually to $176 billion and then surge to surpass the $3.1 trillion mark by 2030.

Because of blockchain popularity, the developer community has passionately contributed several private and public distributed ledger technologies (DLTs) for building blockchain applications. Among the existing DLTs, Hyperledger is a leading platform for building enterprise permissioned blockchain applications. By design, Hyperledger has embedded features, functionalities, tools, and libraries for building, scaling, and managing enterprise blockchain applications.

The aim of this book is to show you how to build a private enterprise blockchain system by using Hyperledger Fabric and to put together various components of Fabric to create and maintain a robust, secure, and scalable blockchain application.

We have been offering blockchain consulting, development, and training services since 2018 through our companies, Hashflow and Coding Bootcamps. At Hashflow, we advise companies of all sizes on leveraging blockchain technology and fintech to either overcome business challenges or help bring about foreseeable values through brand-new visions. We also are partnering with pioneering companies in industries like fintech, healthcare, music, and energy to build software-as-a-service (SaaS) products using blockchain technology. Our team is composed of industry-leading practitioners who have applied the blockchain framework to achieve desired benefits within both classical business models and novel ventures.

In addition to Hashflow, we started a training company to build capacity and capabilities for prospective employees looking to build and deploy blockchain solutions internally. With regard to our (individual or enterprise) training experiences, we noticed that the majority of beginner students lack prerequisite skills (like Linux bash scripting, Docker, or Go programming) that are essential for mastering Hyperledger Fabric. As such, at Coding Bootcamps, we have tailored our training programs to meet multiple business requirements. You can start by visiting the following pages on our company website:

• Coding Bootcamps company

• Self-Paced Training

• Live Group and Hybrid Training

• Intense Blockchain Bootcamp

Our blockchain courses are offered in both English and Spanish. Also, for Hyperledger we offer two courses: Fabric System Administration and Fabric Development. While the system administration course prepares students for the Certified Hyperledger Fabric Administrator (CHFA) exam, the development course covers topics in the Certified Hyperledger Fabric Developer (CHFD) exam.

From all the offerings that we have created over the last few years, we are most proud of our Blockchain Engineering bootcamp. It provides over 180 hours of live and recorded instruction, with many hands-on labs and a certificate of completion upon finishing the quizzes and final project. We offer our blockchain bootcamp multiple times per year, and we update and improve it with every cohort. The online program is the first of its kind, in that the top students in each group are also referred for employment to our employer network.