In Hyperledger Fabric, there can be multiple ledgers and each ledger is referred to as a Channel.
They help to promote Data Privacy by enabling private communications between various network members. They can be dynamically created and reconfigured.
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Parties transacting in a Channel should be authenticated to that particular Channel to ensure that external parties don’t gain access to the communication.
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For eg: In a Supply Chain Blockchain, there will be a channel between the Customer and Supplier A and a separate Channel between Customer and Supplier B.
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This ensures that suppliers A and B transact privately and separately with the same Customer and don’t have access to each other’s channel. Crypto Blockchain Cryptocurency BTC Etherium eth nft NFTCommunity NFTs NFTThis post is based on this twitter thread.