Best Smart Contract Platforms for IBM Cloud

Hyperledger Sawtooth offers a flexible and modular architecture that separates the core system from the application domain, so smart contracts can specify the business rules for applications without needing to know the underlying design of the core system. Hyperledger Sawtooth supports a variety of consensus algorithms, including Practical Byzantine Fault Tolerance (PBFT) and Proof of Elapsed Time (PoET). Originally contributed by Intel, Sawtooth is a blockchain suite designed for versatility and scalability. Distributed Ledger Technology has potential in many fields with use cases from IoT to financials. This architecture recognizes the diversity of requirements across that spectrum. Sawtooth supports both permissioned and permissionless deployments. It includes a novel consensus algorithm, Proof of Elapsed Time (PoET). PoET targets large distributed validator populations with minimal resource consumption.

Enable trusted data exchange and workflow beyond the boundaries with distributed ledger technology and IBM Blockchain. Getting traditional collaborators and longtime competitors to agree on the bold steps needed for blockchain transformation isn’t easy. So the last thing that should slow the process is technology that stands in the way. That’s why technical innovators turn to the IBM Blockchain Platform, the leading Hyperledger Fabric platform to build, operate, govern and grow blockchain solutions across any computing environment through Red Hat® OpenShift®. To put blockchain at the center of your digital transformation, turn to IBM Blockchain Services to explore, envision, establish and evolve your solution. Or work with the IBM Blockchain Ecosystem to discover new business opportunities with other innovators through the IBM Blockchain Partner Program. Build new service models with higher security and scalability for faster, lower-cost settlements.