Hyperledger Aries Launches with Aim to Improve Blockchain Interoperability within Identity Data

On May 13th, Hyperledger launched Hyperledger Aries which is a set of tools intended to improve interoperability of different types of blockchain-based data.

It is a shared infrastructure of tools that enables the exchange of blockchain-based data, supports peer-to-peer messaging in various scenarios, and facilitates interoperable interaction between different blockchains and other distributed ledger technologies (DLTs).

Aries expects to provide code for peer-to-peer interaction, secrets management, verifiable information exchange, and secure messaging for different decentralized systems.

Additionally, they want to help foster practical interoperability in support of ongoing standards work and extend the applicability of technologies developed within Indy beyond its current community components from the Hyperledger stack into a single, effective business solution.

Indy wants to move beyond their scope and work on other networks. The Sovrin Foundation has been the primary contributors to this initial initiative, but endorsements and possible contributions are in flight from several other organizations.

More about Aries

According to the press release, Aries has:

  • A blockchain interface layer (known as a resolver) for creating and signing blockchain transactions.
  • A cryptographic wallet for secure storage (the secure storage tech, not a UI) of cryptographic secrets and other information used to build blockchain clients.
  • An encrypted messaging system for off-ledger interactions between clients using multiple transport protocols.
  • An implementation of ZKP-capable W3C verifiable credentials using the ZKP primitives found in Ursa.
  • An implementation of the Decentralized Key Management System (DKMS) specification currently being incubated in Hyperledger Indy.
  • A mechanism to build higher-level protocols and API-like use cases based on the secure messaging functionality described earlier.

Aries’ interface will formally support the Hyperledger Indy resolver but is flexible enough so that someone could build a pluggable method using other DID method resolvers such as Hyperledger Fabric, Ethereum, or another DID method resolver they wish.

Additionally, they will provide features and functionality outside of the scope of the Indy ledger to be planned and fully supported.

Get Free Email Updates!

*Action Required* Enter Your Email for Trending Crypto News & Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Coin Market Cap Price Change 24 Hour Volume
BTC $193.02B $10,857.4369 2.33% $7.99B
ETH $32.92B $308.7512 0.41% $2.83B
XRP $19.69B $0.4634 -1.16% $687.42M
LTC $8.42B $134.9914 -3.18% $928.86M
BCH $8.39B $469.7251 -1.69% $396.36M
EOS $6.59B $7.1547 -1.82% $841.86M
BNB $5.25B $37.1803 -1.54% $237.35M
BSV $4.17B $233.4755 -1.44% $188.98M
USDT $3.53B $0.9988 0.64% $7.23B
TRX $2.59B $0.0389 6.06% $427.94M

Get 3 Free Bitcoin eBooks for Limited Time Only

Receive three exclusive user guides detailing a) What is Bitcoin b) How Cryptocurrency Works and c) Top Crypto Exchanges today plus a bonus report on Blockchain distributed ledger technology plus top news insights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.