Share this article
'Key Milestone' for Hyperledger as Fabric Blockchain Platform Reaches 2.0 Release
Version 2.0 marks the most significant release since Fabric first launched in 2017.
By Paddy Baker
Updated Sep 13, 2021, 12:14 p.m. Published Jan 31, 2020, 1:00 p.m.
Enterprise blockchain project Hyperledger has released the most significant update of its DLT framework Fabric since launch in July 2017.
STORY CONTINUES BELOW
The Hyperledger Foundation announced Thursday that Fabric 2.0 is designed to improve the usability and performance for the end user, with updates including new features such as decentralized governance for smart contracts and several enhancements for handling and sharing private data on the platform.
Describing the release as a "key milestone," IBM's VP of blockchain platforms, Jerry Cuomo, said it would allow IBM to upgrade its protocol "to leverage the new capability and improved performance." Thomas Bohner, VP of blockchain at fintech firm IntellectEU, said the release's new privacy features would help "drive adoption for our clients on the financial services industry."
Hyperledger Fabric, the first project developed by the IBM-backed Hyperledger Foundation, gives companies the ability to build a variety of applications that leverage distributed ledger technology. Cloud service providers including AWS, Azure, IBM Google and Alibaba have all integrated its framework into their solutions.
The project welcomed six new members to its consortium last week, including digital business consulting firm Cognizant and the University of Hong Kong.
Initially proposed in 2016, Hyperledger Fabric supports multiple programming languages, including the Solidity language used on ethereum. Being open-source, users have gradually adapted the platform since it went live. Thursday's release, however, is the single largest update to the protocol since its 2017 launch.
Although Hyperledger members see the 2.0 release as a sign of the project's long-term viability, it has not been without setbacks. Fabric lost support from State Street after the custodian bank concluded it didn't need Hyperledger's tech to overhaul its infrastructure. FX utility provider CLS Group, which ran a public campaign marketing its new Hyperledger-based settlement platform, admitted last year the blockchain hadn't added any cost efficiencies.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
ZKsync Lite to Shut Down in 2026 as Matter Labs Moves On
The company framed the move, happening in early 2026, as a planned sunset.
What to know:
- Matter Labs plans to deprecate ZKsync Lite, the first iteration of its Ethereum layer-2 network, the team said in a post on X over the weekend.
- The company framed the move, happening in early 2026, as a planned sunset for an early proof-of-concept that helped validate their zero-knowledge rollup design choices before newer systems went live.
Top Stories
