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Blockchain technology enables us to create decentralized networks. The “block” refers to information kept in a digital format, while the “chain” refers to the database where that information is stored when we break down the blockchain.
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A blockchain platform such as Hyperledger is a sort of blockchain. It’s an open-source blockchain network. Each of these blockchains has its own storage and consensus protocols, as well as smart contracts, identification, and access control.
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Because hyperledger is a blockchain platform product, there are a few things they share in common. Both, however, are distinct due to hyperledger’s unique characteristics.
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Blockchain is often divided into two types: public and private. Private blockchains, such as Hyperledger, are one example.
Blockchain is a generic term used to define the concept of storing transactions as records or Blocks in a distributed ledger using a peer to peer network. In high level, there are two types of Blockchain.
On the other hand, Private Blockchains are peer to peer network of Nodes established between private parties like corporations. ‘Hyperledger Fabric’ (Hyperledger, is an open source, umbrella program for private blockchain framework run by Linux foundation) is an example of permissioned / Private blockchain. There are several use cases like managing the supply chain between multiple parties where only those parties with permission can participate in this network.