Chinese telecommunications company, Huawei, has announced at a conference in Shenzhen, the launch of its new Blockchain-as-a-Service (BaaS) platform.
Using the new Hyperledger Fabric 1.0 platform, companies can develop smart contracts on-top of the distributed ledger for multiple business use-cases.
According to official description Huawei's BaaS “is a high-performance, high-availability, and high-security blockchain technology platform service for enterprises and developers, and can help companies and developers create, deploy and deploy quickly and cost-effectively on Huawei Cloud.”
Huawei is a member of the Hyperledger Blockchain Consortium, and they have released the white paper detailing how the solution works.
Today, Hyperledger Blockchain Consortium have released Caliper, which was started last year and developed and designed by Huawei. According to Hyperledger, there is no benchmarking tool. Caliper addresses blockchain users’ desire for a tool that measures performance with agreed-upon metrics.
According to its release, Hyperledger Caliper will produce reports containing a number of performance indicators, such as TPS (Transactions Per Second), transaction latency, resource utilisation etc. The intent is for Caliper results to be used by other Hyperledger projects as they build out their frameworks, and as a reference in supporting the choice of a blockchain implementation suitable for a user’s specific needs.