Hyperledger Sawtooth at Work
Hyperledger Sawtooth can be used to build a variety of distributed ledger applications. Some examples of how Sawtooth can be used in different industries include:
- Supply Chain Management: Sawtooth can be used to build a tamper-proof and transparent supply chain management system. It can be used to track the movement of goods, from the point of origin to the final destination, providing visibility and accountability for all parties involved.
- Financial Services: Sawtooth can be used to build a secure and efficient system for financial transactions and record-keeping. It can be used for activities such as trade finance, digital assets management, and compliance reporting
- Healthcare: Sawtooth can be used to build a secure and private system for sharing medical records among healthcare providers. It can be used to ensure that patient data is only accessible to authorized parties, while still providing an efficient way to share data among doctors, hospitals, and insurance companies
- Identity Management: Sawtooth can be used to build a decentralized and tamper-proof system for identity management. It can be used to store and validate identities and credentials and provide secure and private access to services and resources.
- Energy Management: Sawtooth can be used to build a system for managing and tracking the production, distribution, and consumption of energy. It can be used to enable peer-to-peer energy trading, track and verify renewable energy credits, and manage the distribution of energy from microgrids.
These are just a few examples, and Sawtooth is flexible enough to be used in a wide range of other industries and applications as well. Sawtooth’s modular architecture and support for different consensus algorithms make it a powerful platform for building and deploying distributed ledgers that can be used for a wide range of use cases.
Hyperledger Sawtooth in Blockchain
Hyperledger Sawtooth is a corporate blockchain platform that creates distributed ledger networks and applications. The design philosophy focuses on maintaining distributed ledgers and securing smart contracts, especially for enterprise applications. Sawtooth uses blockchain technology as a service (BaaS).
Sawtooth is very modular as well. This modularity allows companies and consortiums to decide on policy in their respective fields of competence. Applications can choose the transactional, permissioning, and consensus algorithms that best meet their unique business requirements because of Sawtooth’s fundamental design. The majority of blockchain-based systems in use today host and execute both their core and their apps on the same platform, which may have an impact on both security and performance.