Question 21 ptsHyperledger is a permissioned Blockchain and Smart Contract Technology.Group of answer choicesTrueFalse

True. Hyperledger is indeed a permissioned blockchain and smart contract technology.

Let's break it down:

1. Hyperledger: This is a project that provides a variety of frameworks and tools for building different types of blockchain systems. It's like a toolbox for creating your own digital systems.

2. Permissioned Blockchain: Unlike Ethereum, which is permissionless, Hyperledger is permissioned. This means that not everyone can join the network. You need permission to join, like needing a special ticket to enter a concert. This makes it more secure and controlled.

3. Smart Contract Technology: Just like Ethereum, Hyperledger also supports smart contracts. These are like digital agreements that automatically do something when certain conditions are met. It's like setting an alarm to ring at a certain time. Once the time comes, the alarm rings automatically.

So, the statement is true. Hyperledger is a permissioned blockchain and smart contract technology.