Abhishek Thakur
Abhishek Thakur

Reputation: 409

Assets, participants and Transactions in Hyperledger Fabric

I am working on how to develop a blockchain app using Hyperledger Composer. Since I have just begun with Hyperledger Fabric so I am pretty confused over Some Points-: 1) What are assets, participants and transactions. 2) What is the meaning of the symbol '-->' used for some variable. 3) Why do we need .bna file.

I am new to this concept so please bear with me as I have tried with documentation but it confuses me even more.

Upvotes: 0

Views: 274

Answers (1)

Dan Anderson
Dan Anderson

Reputation: 2345

An asset is anything of value, whether physical or virtual.

A participant is a person or organization participating (taking part) in the blockchain network.

A transaction is an operation submitted by a participant to modify the blockchain. It could be transferring or modifying the amount of an asset. It could be recording an event. In any case, it modifies or creates a value in the blockchain network's ledger (also known as world state).

Upvotes: 1

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