January 2019
Intermediate to advanced
258 pages
7h 12m
English
Content preview from Blockchain for Business 2019
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Hyperledger Sawtooth
Sawtooth, a project initiated by Intel, delivers another modular platform for distributed enterprise applications. It includes a novel consensus algorithm called Proof of Elapsed Time (PoET), which is optimized for efficient simulation of the Bitcoin Proof-of-Work (PoW) consensus in a trusted corporate environment.
The Sawtooth whitepaper goes along familiar lines:
“Today's business processes for information sharing are burdened with intermediaries, inefficiencies, and security concerns. Through the use of distributed ledger technology (or blockchains), business processes between companies can be streamlined, and records can be kept in sync without the need for a central authority or manual reconciliation processes. This ...
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