There are many Blockchain platforms are available in the industry. Some platforms are proprietary and some are open source. Based on the nature and the requirement of the application the platform can be decided. NIC is using the following platforms for the development of the products under CoeBCT.

• Hyperledger Fabric : It is a platform having a modular architecture. It has a membership service and consensus. It can enable a network of networks. Members of the fabric network can use network work together in this platform. Hyperledger Fabric provides the user a secure and scalable platform to support their confidential contracts and private transactions.

  Key features :
  

  • This platform is highly modular and has a low latency of finality.
  • It can support solidity.
  • It supports multi-language intelligent contracts.
  • It has pluggable consensus and queryable data.

• Hyperledger Sawtooth : Hyperledger Sawtooth is another open-source blockchain project co-founded by Hyperledger and the Linux Foundation. It has consensus mechanism known as Proof of Elapsed Time. A Sawtooth Library is being developed, which will allow programmers of customized distributed ledgers to select and choose whatever parts of Sawtooth to employ in their applications. Sawtooth is also integrating Splinter for networking.

  Key features :
  

  • Allow users to use Sawtooth Library while coding.
  • Provides Splinter for networks.

• Ethereum : Ethereum, also known as ETH. The main aim of this platform is to nullify the third parties access who save data for further financial instrument tracking. Ethereum has the largest community of core protocol developers, crypto-economic researchers, cypherpunks and mining organizations.

  Key features :
  

  • This platform gives the advantage of rapid deployment.
  • It has Smart Contracts Functionality and Turing completeness.
  • It provides the feature of tokenization.
  • It is a proof-to-work-based system.