how do we register our assets in hyperledger

Question

I am trying to understand about registry, like what is registry, why do we need to store Assets and Chaincodes in registry, where does registry gets stored.

Answer 1

First of all, the chaincode (or smart contracts) and the assets are two different things.

• Chaincode: the code that you will execute/invoke. This code is the same in all the nodes, i.e. each node of the network has installed the same chaincode.
• Assets: you digitize the assets using transactions that are governed by smart contracts.

On the other hand, how it works:

• Ledger: the Ledger stores all the transactions. The ledger is comprised of a blockchain (‘chain’) to store the immutable, sequenced record in blocks. Each peer maintains a copy of the ledger.
• State Database: maintains the current state. It represents the latest values for all keys ever included in the chain transaction log. Chaincode invocations execute transactions against the current state data.