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What is RW Sets

Chapter 3
Bankruptcy and Reorganization in the Digital Business Era
In Hyperledger Fabric, the process starts with the client application sending transaction proposals: Each client application proposes transactions to endorse peers for the simulation and endorsement process. Each endorsing peer simulates the proposed transaction and stores sets of read and written data named RW sets. These sets are signed by endorsing peers and are returned to the client application.
Published in Chapter:
Analysis of B2B Blockchain Apps Using Hyperledgers and Their Implications in This Digital Era
Jeya Mala D. (Vellore Institute of Technology, Chennai, India), Priya N. (Sri Ramachandra College of Engineering and Technology, India), and Pradeep Reynold A. (ASET College of Science and Technology, India)
Copyright: © 2023 |Pages: 15
DOI: 10.4018/978-1-6684-5181-6.ch003
Abstract
In this digital era, at most 80-90% of business transactions are digitized using different mechanisms. In the case of businesses and financial institutions, such digitization poses both merits as well as challenges. Nowadays, the IT industries are focusing on providing a trustworthy solution, namely blockchain-based applications, to provide secured online transactions. This blockchain technology provides a comprehensive solution to B2B applications by providing support to process information across organizations in a highly secured manner. In blockchain, these kinds of secured online transactions are achieved using hyperledgers. In particular, the hyperledger is decentralized as it is replicated across the entire network for all the participants to collaborate in a secured manner. In this chapter, an analysis of the application of hyperledgers in B2B blockchain apps to and their implications in this digital era is provided.
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