{"id":14564,"date":"2016-06-14T09:52:17","date_gmt":"2016-06-14T06:52:17","guid":{"rendered":"http:\/\/www.altoros.com\/blog\/?p=14564"},"modified":"2018-02-20T23:29:52","modified_gmt":"2018-02-20T20:29:52","slug":"hyperledger-meets-ethereum-integration-future","status":"publish","type":"post","link":"https:\/\/www.altoros.com\/blog\/hyperledger-meets-ethereum-integration-future\/","title":{"rendered":"Hyperledger Meets Ethereum: Integration and the Future"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.altoros.com\/blog\/hyperledger-meets-ethereum-integration-future\/#What_is_Hyperledger\" >What is Hyperledger?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.altoros.com\/blog\/hyperledger-meets-ethereum-integration-future\/#Technical_overview_and_use_cases\" >Technical overview and use cases<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.altoros.com\/blog\/hyperledger-meets-ethereum-integration-future\/#Enter_Ethereum\" >Enter Ethereum<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.altoros.com\/blog\/hyperledger-meets-ethereum-integration-future\/#Want_more_details_Watch_the_video\" >Want more details? Watch the video!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.altoros.com\/blog\/hyperledger-meets-ethereum-integration-future\/#About_the_speakers\" >About the speakers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.altoros.com\/blog\/hyperledger-meets-ethereum-integration-future\/#Related_reading\" >Related reading<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Hyperledger\"><\/span>What is Hyperledger?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It&#8217;s been a few months since the Hyperledger Project was founded, but there are still some questions surrounding the technology. Many of these questions still boil down to, &#8220;What is the Hyperledger and why was it created?&#8221; At a <a href=\"https:\/\/www.meetup.com\/HyperLedger-SF\/events\/229661242\/\" target=\"_blank\">recent meetup<\/a> in San Francisco, <a href=\"https:\/\/www.linkedin.com\/in\/renatco\/\" target=\"_blank\">Renat Khasanshyn<\/a> of Altoros and <a href=\"https:\/\/www.linkedin.com\/in\/arnaud-le-hors-4280221\" target=\"_blank\">Arnaud Le Hors<\/a> of IBM answer these questions with an introduction to Hyperledger.<\/p>\n<p><center><script charset=\"ISO-8859-1\" src=\"\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_embed wistia_async_105gokfam6\" style=\"height:360px;width:640px\">&nbsp;<\/div>\n<p><\/center><\/p>\n<p><em>&#8220;The goal of the Hyperledger is to create an open source solution for blockchain technology.&#8221;<br \/>\n\u2014Arnaud Le Hors, Senior Technical Staff Member, IBM<\/em><\/p>\n<p>According to Renat Khasanshyn, CEO at Altoros, &#8220;There was nothing like Hyperledger Project before it was founded.&#8221; Nothing that had the same features, community size, enterprise support and governance.<\/p>\n<p><em>&#8220;There was a critical mass of company that wanted something different and this is it.&#8221;<br \/>\n\u2014Renat Khasanshyn, CEO, Altoros<\/em><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Technical_overview_and_use_cases\"><\/span>Technical overview and use cases<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Getting more into details, there are still key concerns surrounding the Hyperledger Project. There are some issues with the underlying system of the Hyperledger which is blockchain. What makes blockchain unique to other existing transaction systems? Here, Renat gives a more technical overview of the technology along with a few use cases.<\/p>\n<p><center><script charset=\"ISO-8859-1\" src=\"\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_embed wistia_async_4j0xqyp0mz\" style=\"height:360px;width:640px\">&nbsp;<\/div>\n<p><\/center><\/p>\n<p>Two of the use cases developed using Hyperledger were FleetChain and Decentralized Energy. FleetChain, which is a rental tool, solves the problem of low utilization of industrial equipment. Decentralized Energy solves the problem with areas where electricity rates are high but have access to solar energy.<\/p>\n<p><em>&#8220;The Hyperledger blockchain aims to decentralize transactions, allowing two or more entities to do business with one another without having to involve a third party.&#8221; \u2014Renat Khasanshyn, Altoros<\/em><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Enter_Ethereum\"><\/span>Enter Ethereum<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There&#8217;s been <a href=\"https:\/\/www.altoros.com\/blog\/ethereum-blockchain-technology-enters-hyperledger-picture\/\">some talk<\/a> going on about the Hyperledger Project and <a href=\"https:\/\/www.altoros.com\/blog\/ethereum-blockchain-technology-enters-hyperledger-picture\/\" target=\"_blank\">Ethereum<\/a> since the start of this year. The questions in everyone&#8217;s minds seem to be, &#8220;Do they fulfill different roles?&#8221; and &#8220;Is there room for integration between the two?&#8221;<\/p>\n<p>This fireside chat with <a href=\"https:\/\/www.linkedin.com\/in\/christianbpeel\" target=\"_blank\">Chris Peel<\/a>, the organizer of Silicon Valley Ethereum meetup group, looks to answer some of the questions and the discussions they spark.<\/p>\n<p><a href=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/06\/Hyperledger-San-Francisco-Ethereum-Renat-Khasanshyn-Chris-Peel.jpg\"><img decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/06\/Hyperledger-San-Francisco-Ethereum-Renat-Khasanshyn-Chris-Peel.jpg\" alt=\"Hyperledger San Francisco Ethereum Renat Khasanshyn and Chris Peel\" width=\"640\" class=\"aligncenter size-full wp-image-14569\" \/><\/a><\/p>\n<p><strong>Renat:<\/strong> From what you\u2019ve seen of the Hyperledger Project so far, what do you make of the goals set by the community and do you think these same goals can be achieved with Ethereum alone?<\/p>\n<p><strong>Chris:<\/strong> In the long term, it\u2019s possible that it can all be done with Ethereum but right now it\u2019s not quite so obvious. One of the things that\u2019s certain is that you can\u2019t store everything on the blockchain that\u2019s visible to everybody but these blockchains have this key exchange feature which you can use to encrypt for off-chain storage. This can be done in a centralized way with IPFS.<\/p>\n<p><strong>Renat:<\/strong> What are some of the upcoming features of Ethereum are you looking forward to?<\/p>\n<p><strong>Chris:<\/strong> Proof-of-Stake is a good choice. Another thing is Ethereum 2.0 which adds the possibility of sharding. There\u2019s a really big discussion in the Bitcoin community about scalability, and Ethereum has the same problem. Ethereum is still not a perfect system. We would like to have scalability, stable value cryptocurrencies and the consensus algorithm not consume too much energy that\u2019s wasted. We\u2019d also like to have privacy on the blockchain.<\/p>\n<p><strong>Renat:<\/strong> While the structure of contributors in the Hyperledger Project are mostly business driven, what\u2019s the structure like for Ethereum?<\/p>\n<p><strong>Chris:<\/strong> I haven\u2019t seen companies submit any bugs but Microsoft has at least done some integration. A lot of the contributors still continue to be individuals though I\u2019m not sure if that\u2019s necessarily going to be a requirement.<\/p>\n<p><strong>Renat:<\/strong> What do you see as the bottlenecks in Ethereum that\u2019s keeping development in the proof-of-concept stage and stalling production?<\/p>\n<p><strong>Chris:<\/strong> There\u2019s lots of things that are missing. It depends on the application. Let\u2019s say we have fully decentralized bank, one thing that\u2019s missing is the credit score. I don\u2019t see anything that could replace a regular credit score.<\/p>\n<p><strong>Renat:<\/strong> What does Ethereum need to resolve these existing bottlenecks that slow down production?<\/p>\n<p><strong>Chris:<\/strong> Right now Ethereum needs user space and users. One other thing that Etereum and Bitcoin would really benefit from is to ability to hide your cryptographic key similar to HTTP where you no longer see IP addresses but just web addresses.<\/p>\n<p><strong>Renat:<\/strong> I do think that both projects have really good compatibility, maybe not in all the features since there\u2019s a lot of duplication, but there\u2019s opportunity there in being able to use each other\u2019s strengths. We\u2019d like to be able to mount an <a href=\"https:\/\/github.com\/ethereum\/wiki\/wiki\/White-Paper#code-execution\" target=\"_blank\">Ethereum Virtual Machine<\/a> on top of <a href=\"https:\/\/github.com\/hyperledger\/fabric\" target=\"_blank\">Fabric<\/a>. There\u2019s also opportunity given both of the technologies\u2019 bottlenecks when it comes to legacy systems integrations. We could start on an API layer where both projects can tap into and make connections then that API layer connects to legacy systems.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Want_more_details_Watch_the_video\"><\/span>Want more details? Watch the video!<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><center><script charset=\"ISO-8859-1\" src=\"\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_embed wistia_async_8l6y4gqciy\" style=\"height:360px;width:640px\">&nbsp;<\/div>\n<p><\/center><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"About_the_speakers\"><\/span>About the speakers<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div>\n<div style=\"float: right;\"><a href=\"https:\/\/www.linkedin.com\/in\/christianbpeel\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/06\/Christian-Peel-Wireless-Communications-Engineer-Tarana-bio.png\" alt=\"Christian Peel Wireless Communications Engineer Tarana bio\" width=\"150\" height=\"150\" class=\"aligncenter size-full wp-image-14606\" \/><\/a><\/div>\n<div style=\"width: 600px;\"><small><a href=\"https:\/\/www.linkedin.com\/in\/christianbpeel\">Christian Peel<\/a> specializes in multi-antenna wireless communications, signal processing, detection and estimation, LTE, WiMAX, the Julia programming language, Ethereum. He design broadband access components including Synchronous Ethernet (SyncE), Dynamic Frequency Selection (DFS) for radar avoidance, Dynamic Channel Selection (DCS) in the presence of DFS or other interference. He simulates SyncE, DFS, and DCS for systems characterization and bit-level verification of FPGA and software.<\/small><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<div>\n<div style=\"float: right;\"><a href=\"https:\/\/www.linkedin.com\/in\/arnaud-le-hors-4280221\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/06\/Arnaud-Le-Hors-STSM-IBM-bio.png\" alt=\"Arnaud Le Hors STSM IBM bio\" width=\"150\" height=\"150\" class=\"aligncenter size-full wp-image-14605\" \/><\/a><\/div>\n<div style=\"width: 600px;\"><small><a href=\"https:\/\/www.linkedin.com\/in\/arnaud-le-hors-4280221\">Arnaud Le Hors<\/a> has been working on open technologies for over 20 years, involving standards and open source development, both as a staff member of standards development organizations (SDO) such as W3C and as a representative for IBM. He&#8217;s been involved in every aspect of the standards development process. This includes the technical, strategic, political, and legal aspects, both internal and external to an SDO and to a company like IBM. He&#8217;s also been involved in open source projects, such as Xerces, the Apache XML parser.<\/small><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<div>\n<div style=\"float: right;\"><a href=\"https:\/\/www.linkedin.com\/in\/renatco\/\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/06\/Renat-Khasanshyn-CEO-Altoros-bio-2.png\" alt=\"Renat Khasanshyn CEO Altoros bio 2\" width=\"150\" height=\"150\" class=\"aligncenter size-full wp-image-14562\" \/><\/a><\/div>\n<div style=\"width: 600px;\"><small><a href=\"https:\/\/www.linkedin.com\/in\/renatco\/\">Renat Khasanshyn<\/a> is the founder and CEO of Altoros, and Venture Partner at Runa Capital. He helps define Altoros\u2019s strategic vision, and its role in Cloud Foundry PaaS ecosystem. In the past, he has been selected as finalist for the Emerging Executive of the Year award by the Massachusetts Technology Leadership Council and once won an IBM Business Mashup Challenge. Prior to founding Altoros, Renat was VP of Engineering for Tampa-based insurance company PriMed.<\/small><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Related_reading\"><\/span>Related reading<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><a href=\"https:\/\/www.altoros.com\/blog\/technical-introduction-to-hyperledger-fabric\/\">Technical Introduction to Hyperledger Fabric<\/a><\/li>\n<li><a href=\"https:\/\/www.altoros.com\/blog\/hyperledger-technical-f2f-meeting-draws-crowd-gets-some-work-done\/\">Hyperledger Technical F2F Meeting Draws Crowd, Gets Some Work Done<\/a><\/li>\n<li><a href=\"https:\/\/www.altoros.com\/blog\/ethereum-blockchain-technology-enters-hyperledger-picture\/\">The Ethereum Blockchain Platform Enters the Hyperledger Picture<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>What is Hyperledger?<\/p>\n<p>It&#8217;s been a few months since the Hyperledger Project was founded, but there are still some questions surrounding the technology. Many of these questions still boil down to, &#8220;What is the Hyperledger and why was it created?&#8221; At a recent meetup in San Francisco, Renat Khasanshyn of Altoros [&#8230;]<\/p>\n","protected":false},"author":32,"featured_media":14610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[7],"tags":[672,807,753],"class_list":["post-14564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-opinion","tag-blockchain","tag-ethereum","tag-hyperledger"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hyperledger Meets Ethereum: Integration and the Future | Altoros<\/title>\n<meta name=\"description\" content=\"The Hyperledger Project and Ethereum are both still in the early stages of development. However, there are already talks about differentiation and possible collaboration between these two blockchain technologies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.altoros.com\/blog\/hyperledger-meets-ethereum-integration-future\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyperledger Meets Ethereum: Integration and the Future | Altoros\" \/>\n<meta property=\"og:description\" content=\"The Hyperledger Project and Ethereum are both still in the early stages of development. 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