It's been down to the late $3000 and the price are not go up. The first line chart shows that we are meeting a support line around August 17 last year. If this support line collapses, the next one is likely to fall to the $2900 range.
If it is about to go up, and if it crosses the 3,800-dollar mark, it could go up to the 4,300-dollar mark. The RSI on the daily basis is now showing a typical pattern of rising divergence. The problem seems to be an increase in trading volume and aggregate value of listed cryptocurrency.
Join Hyperledger from 16 companies including Alibaba
“12 new members were announced at the Global Forum for Hyperledger in Berlin, Switzerland. Companies such as Alibaba Cloud(cloud computing companies), a subsidiary of a global conglomerate, Citigroup(a financial services giant) and Citi Ventures, Deutsche Telekom(Europe's largest telecommunications company), Guangzhou Technology and KEB Hana Bank were newly registered. Hyperledger has more than 260 members.”
This article was published on the 12th by Cryptovest.
I've heard of Ethereum and other names of Coins, but Hyperledger is new, right? Hyperledger is an open source project that is a blockchain organized by the Linux Foundation. It's a blockchain project that can be applied in a variety of fields including finance, IOT, logistics, manufacturing, and technology. In addition to Hyperledger, there are projects that are similar to R3’ CORDA
So what's different from Ethereum's platform? First, the authorized blockchain is controlled by subscription and member management. Unlike Ethereum, it's a private network, not a public network. That's why most frames are projects that don't issue coins because they only need a Distributed Ledger Technology(DLT) and in fact don't need parts like coin issuance in a private network.
In fact, the most important purpose of blockchain-based coins like Ethereum is decentralization. But Hyperledger is a thorough enterprise type platform. It is a simple extension of the DLT system, and membership control and management itself is a centralized system. This has become a subject of much controversy for blockchain researchers and the related industries. However, Hyperlinder is a rapidly growing project with a large number of business members. They're the talk of the blockchain industry.
Hyperledger consists of a framework called SAWTOOTH, IROHA, FABRIC, BURROW, INDY and a tool called CALPER, CELLO, COMPOSER, EXPLORER, QUILT. Among them, SARTOOTH is an Intel-led project. IROHA is a mobile-focused project that is mostly made up of Japanese companies. And BURROW project adopted EVM is also available for coin issue.
INDY is a project specialized for authentication. currently IBM is adopting INDY for piloting employee identification program. And as one of the most popular projects in Hyperledger today, there's a fabric led by IBM. It's a project that a lot of companies are interested in right now.
And one of the strengths is that program can be programmed in a normal language(GO, JAVA, etc.), not in its own language such as the solidity of Ethereum. Now the biggest problem with public platforms like Ethereum is TPS(throughput per second). Hyperledger projects are a private network of controllable members that can help address this problem. Parts such as KYC(Know your customer) of each network can be addressed by this project where problems may arise when constructing the blockchain-based network of the current government or agency.
So the blockchain industry is more growing, and companies are also very interested. When I see so many technologies and projects developing, including Ripple, Ethereum, Hyperlinder, and Koda from R3, I think that the blockchain infrastructure will not collapse.