Improving Smart Contract Transaction Performance in Hyperledger Fabric

Swapnil Sinha, Shubham Anand, K. Krishna Prakasha

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

    7 Citations (Scopus)

    Abstract

    Block chain is a time-stamped series of records of data that cannot be altered and is managed by a cluster of systems not owned by a single person, company, or entity. A chaincode, also known as a smart contract, is a digital code that controls the transfer of cryptocurrencies or assets directly, among the parties under specific conditions. A major drawback with regards to Blockchain as a technology is the fact that its transaction speed is less compared to the centralized system.In the future, for Blockchain technology to be accepted in industries, there is a need for improvement with regards to the speed.To counter this drawback, we have come up with this paper in which an approach to increase the speed of transactions by changing the current Hashing Algorithm (SHA3) in the Hyperledger Fabric to Blake3 has been done.

    Original languageEnglish
    Title of host publication2021 IEEE International Conference on Emerging Trends in Industry 4.0, ETI 4.0 2021
    PublisherInstitute of Electrical and Electronics Engineers Inc.
    ISBN (Electronic)9781665422376
    DOIs
    Publication statusPublished - 2021
    Event1st IEEE International Conference on Emerging Trends in Industry 4.0, ETI 4.0 2021 - Raigarh, India
    Duration: 19-05-202121-05-2021

    Publication series

    Name2021 IEEE International Conference on Emerging Trends in Industry 4.0, ETI 4.0 2021

    Conference

    Conference1st IEEE International Conference on Emerging Trends in Industry 4.0, ETI 4.0 2021
    Country/TerritoryIndia
    CityRaigarh
    Period19-05-2121-05-21

    All Science Journal Classification (ASJC) codes

    • Instrumentation
    • Artificial Intelligence
    • Computer Networks and Communications
    • Information Systems and Management
    • Industrial and Manufacturing Engineering
    • Safety, Risk, Reliability and Quality
    • Control and Optimization

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