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HomeNewsNPCI Launches Blockchain-based Open-Source Project Falcon

NPCI Launches Blockchain-based Open-Source Project Falcon

Based on Hyperledger Fabric and powered by Kubernetes clusters, Falcon is anticipated to support developers working on blockchain-based payment solutions.

On August 29, the National Payments Corporation of India (NPCI) announced the release of Falcon, an open-source project designed to manage and use blockchains. It is based on Hyperledger Fabric and powered by Kubernetes clusters. In essence, Falcon is anticipated to support developers working on blockchain-based payment solutions.

According to the official post from NPCI, Falcon is a go-to option for efficient, dependable, and automated Fabric network deployment blockchain enthusiast, developer, or organization seeking to leverage the power of distributed ledger technology using Hyperledger Fabric.

With the support of the distributed ledger technology made available by this NPCI offering, blockchain developers should be able to create network and Web3 solutions quickly and reliably.

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A deliberate combination of Kubernetes and Hyperledger components, Falcon ushers in a new era of efficient blockchain solution creation and maintenance. It successfully combines their unique strengths. 

The integration of Hyperledger’s solid blockchain foundation and Kubernetes’ automated operational processes should provide developers with an effective and comprehensive environment to create high-end blockchain solutions.

Industry professionals applaud NPCI for launching Falcon and predict broad advantages, theorizing that this project has the ability to speed up the adoption of blockchain-based solutions and improve the overall developer experience.

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Sahil Pawar
Sahil Pawar
I am a graduate with a bachelor's degree in statistics, mathematics, and physics. I have been working as a content writer for almost 3 years and have written for a plethora of domains. Besides, I have a vested interest in fashion and music.

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