of the governance model. Smart Contracts A smart contract, or what Fabric calls “chaincode”, functions as a trusted distributed application that gains its security/trust from the blockchain and the underlying ledger. Automated checks As mentioned above, organizations can add automated checks to chaincode functions to validate additional information before endorsing a transaction proposal. Decentralized agreement Contracts To support the consistent update of information — and to enable a whole host of ledger functions (transacting, querying, etc) — a blockchain network uses smart contracts to provide controlled access

the governance model. 1.4 Smart Contracts A smart contract, or what Fabric calls “chaincode”, functions as a trusted distributed application that gains its secu- rity/trust from the blockchain and the ledger. • Automated checks As mentioned above, organizations can add automated checks to chaincode functions to validate additional information before endorsing a transaction proposal. • Decentralized agreement Contracts To support the consistent update of information — and to enable a whole host of ledger functions (transacting, query- ing, etc) — a blockchain network uses smart contracts to provide controlled

of the governance model. Smart Contracts A smart contract, or what Fabric calls “chaincode”, functions as a trusted distributed application that gains its security/trust from the blockchain and the underlying Contracts To support the consistent update of information — and to enable a whole host of ledger functions (transacting, querying, etc) — a blockchain network uses smart contracts to provide controlled access the rules for reading or altering key-value pairs or other state database information. Chaincode functions execute against the ledger’s current state database and are initiated through a transaction proposal

of the governance model. Smart Contracts A smart contract, or what Fabric calls “chaincode”, functions as a trusted distributed application that gains its security/trust from the blockchain and the underlying Contracts To support the consistent update of information — and to enable a whole host of ledger functions (transacting, querying, etc) — a blockchain network uses smart contracts to provide controlled access the rules for reading or altering key-value pairs or other state database information. Chaincode functions execute against the ledger’s current state database and are initiated through a transaction proposal

of the governance model. Smart Contracts A smart contract, or what Fabric calls “chaincode”, functions as a trusted distributed application that gains its security/trust from the blockchain and the underlying Contracts To support the consistent update of information — and to enable a whole host of ledger functions (transacting, querying, etc) — a blockchain network uses smart contracts to provide controlled access the rules for reading or altering key-value pairs or other state database information. Chaincode functions execute against the ledger’s current state database and are initiated through a transaction proposal

of the governance model. Smart Contracts A smart contract, or what Fabric calls “chaincode”, functions as a trusted distributed application that gains its security/trust from the blockchain and the underlying Contracts To support the consistent update of information — and to enable a whole host of ledger functions (transacting, querying, etc) — a blockchain network uses smart contracts to provide controlled access the rules for reading or altering key-value pairs or other state database information. Chaincode functions execute against the ledger’s current state database and are initiated through a transaction proposal

the governance model. 1.4 Smart Contracts A smart contract, or what Fabric calls “chaincode”, functions as a trusted distributed application that gains its secu- rity/trust from the blockchain and the Contracts To support the consistent update of information — and to enable a whole host of ledger functions (transacting, query- ing, etc) — a blockchain network uses smart contracts to provide controlled the rules for reading or altering key-value pairs or other state database information. Chaincode functions execute against the ledger’s current state database and are initiated through a transaction proposal

the governance model. 1.4 Smart Contracts A smart contract, or what Fabric calls “chaincode”, functions as a trusted distributed application that gains its secu- rity/trust from the blockchain and the Contracts To support the consistent update of information — and to enable a whole host of ledger functions (transacting, query- ing, etc) — a blockchain network uses smart contracts to provide controlled the rules for reading or altering key-value pairs or other state database information. Chaincode functions execute against the ledger’s current state database and are initiated through a transaction proposal

the governance model. 1.4 Smart Contracts A smart contract, or what Fabric calls “chaincode”, functions as a trusted distributed application that gains its secu- rity/trust from the blockchain and the Contracts To support the consistent update of information — and to enable a whole host of ledger functions (transacting, query- ing, etc) — a blockchain network uses smart contracts to provide controlled the rules for reading or altering key-value pairs or other state database information. Chaincode functions execute against the ledger’s current state database and are initiated through a transaction proposal

the governance model. 1.4 Smart Contracts A smart contract, or what Fabric calls “chaincode”, functions as a trusted distributed application that gains its secu- rity/trust from the blockchain and the Contracts To support the consistent update of information — and to enable a whole host of ledger functions (transacting, query- ing, etc) — a blockchain network uses smart contracts to provide controlled the rules for reading or altering key-value pairs or other state database information. Chaincode functions execute against the ledger’s current state database and are initiated through a transaction proposal