In hyperledger composer documentation "In order for a new participant to join a business network, a new instance of that participant must be created in the business network". I understand business network weakly maps to chaincode in fabric. How exactly a participant instance is represented in fabric ? Is it stored in ledger state data ?
Yes, the data for a participant is stored in world-state. There is a also a mapping table that allows the Fabric certificate to be mapped to the participant id.
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