What type of assets can be exchanged over a Hyperledger Fabric network?

Prepare for the IBM Blockchain Certification Exam with comprehensive study tools, including multiple choice questions, hints, and detailed explanations. Enhance your knowledge and boost your confidence for exam success!

The correct answer is that any items with monetary value, including diverse assets, can be exchanged over a Hyperledger Fabric network. Hyperledger Fabric is designed to support a wide variety of asset types due to its modular architecture. This flexibility allows participants to define and transact with any assets that hold value within the context of their business processes.

In practice, this means organizations can create and manage digital representations of traditional assets such as real estate, commodities, and securities, as well as abstract assets like intellectual property rights or loyalty points. The underlying technology facilitates secure, transparent, and verifiable transactions across a network of participants, regardless of the asset type.

Moreover, Hyperledger Fabric's endorsement policies and smart contracts (or chaincode) ensure that transactions are executed in a manner that all participating parties agree upon, adding a layer of trust and reliability to the exchange of these assets. This capability makes it a versatile platform for various industries looking to leverage blockchain for asset management and transaction processing.

In contrast, the other choices suggest limitations that do not reflect the true capabilities of Hyperledger Fabric. The platform's design accommodates a wide range of assets, not just digital currencies or items with no monetary value, and does not restrict exchanges solely to predefined contracts. Thus, the

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy