Improving Smart Contract Transaction Performance in Hyperledger Fabric

Swapnil Sinha, Shubham Anand, K. Krishna Prakasha

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

1 Citation (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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