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What is VeChain?

The value of public blockchains is driven by the active participation of their community members, who address real-world economic issues. By introducing BlockRef and Expiration transaction fields, users are empowered to set specific execution times for transactions, as well as determine their expiration if not confirmed in a block. Moreover, the platform accommodates various transaction fee delegation models, such as Multi-party Payment and Designated Gas Payer, which support a freemium model for decentralized applications, simplifying the onboarding process for users. Developers have the opportunity to utilize multi-function atomic transactions, allowing them to consolidate multiple payments and contract function calls into a single transaction while managing the sequence of their execution. Through the establishment of dependencies, the system guarantees that transactions with defined prerequisites are executed only after the necessary conditions are fulfilled, thereby improving efficiency and reliability in business processes. This advanced technology not only enhances operational flow but also encourages innovation, enabling developers to design more intricate and interconnected functionalities, ultimately leading to a richer ecosystem. As a result, the collaborative efforts within the community contribute to the blockchain's evolution and its ability to address emerging challenges.

What is Hyperledger Sawtooth?

Hyperledger Sawtooth is characterized by a flexible and modular design that clearly distinguishes between its core functions and the application layer, allowing smart contracts to define business rules for applications without delving into the complexities of the underlying architecture. It also supports multiple consensus algorithms, including Practical Byzantine Fault Tolerance (PBFT) and Proof of Elapsed Time (PoET), which enhances its operational capabilities. Originally created by Intel, Sawtooth is a blockchain framework that emphasizes both adaptability and scalability. The expansive potential of Distributed Ledger Technology reaches multiple industries, enabling applications that range from the Internet of Things (IoT) to financial services, thus addressing the varied requirements of these fields. Moreover, Sawtooth's ability to operate in both permissioned and permissionless settings broadens its appeal to a variety of users. Its unique consensus mechanism, PoET, is specifically designed to support extensive networks of validators while reducing resource consumption, showcasing the efficiency that Sawtooth aims to provide in blockchain solutions. This wide-ranging flexibility in both deployment options and consensus mechanisms not only enhances Sawtooth's appeal but also positions it as a strategic choice for organizations eager to leverage blockchain technology for innovative solutions. The adaptability of Hyperledger Sawtooth underscores its relevance in a rapidly evolving technological landscape.

Media

Media

Integrations Supported

AWS Marketplace
Ethereum
Evernym Verity
Fujitsu Biometrics-as-a-Service
Guarda Wallet
Hacken
Hitachi Data Protection as a Service
IBM Cloud
Koinly
Ledger Nano X
NTT Cloud Communications
Oracle Cloud Infrastructure
Precisely
Quant
SAP Cloud Platform
Splunk Cloud Platform
Thales Sentinel
Tradesilvania
Trocador
ZenLedger

Integrations Supported

AWS Marketplace
Ethereum
Evernym Verity
Fujitsu Biometrics-as-a-Service
Guarda Wallet
Hacken
Hitachi Data Protection as a Service
IBM Cloud
Koinly
Ledger Nano X
NTT Cloud Communications
Oracle Cloud Infrastructure
Precisely
Quant
SAP Cloud Platform
Splunk Cloud Platform
Thales Sentinel
Tradesilvania
Trocador
ZenLedger

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

VeChain

Date Founded

2015

Company Location

China

Company Website

www.vechain.org

Company Facts

Organization Name

Hyperledger

Date Founded

2015

Company Location

United States

Company Website

www.hyperledger.org/use/sawtooth

Categories and Features

Categories and Features

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