Make blockchain a part of your digital transformation in the right way.
Blockchain technology is a revolutionary decentralized, distributed ledger system that records the transactions made via digital assets. Since the technology became mainstream, blockchain has shown the tech world its potential to transform industries like healthcare, manufacturing, and logistics. Businesses are keen to adopt this technology and leverage their business. But until organizations pick the right kind of blockchain, the work will not be perfect. Depending on the operating model, there are two types of blockchain businesses can opt for, public blockchain and private blockchain.
What is Public Blockchain?
A public blockchain has an open network and all the information is available in the public domain. As this blockchain is not bound by any rules and permissions, any party can view and write data on the blockchain, making the data is accessible to all. Public blockchains are also decentralized and immutable. Once an entry is made on the blockchain, it cannot be altered or deleted after the entries are validated.
Continue reading: https://www.analyticsinsight.net/public-vs-private-blockchain-what-does-your-business-need/
Blockchain technology is a revolutionary decentralized, distributed ledger system that records the transactions made via digital assets. Since the technology became mainstream, blockchain has shown the tech world its potential to transform industries like healthcare, manufacturing, and logistics. Businesses are keen to adopt this technology and leverage their business. But until organizations pick the right kind of blockchain, the work will not be perfect. Depending on the operating model, there are two types of blockchain businesses can opt for, public blockchain and private blockchain.
What is Public Blockchain?
A public blockchain has an open network and all the information is available in the public domain. As this blockchain is not bound by any rules and permissions, any party can view and write data on the blockchain, making the data is accessible to all. Public blockchains are also decentralized and immutable. Once an entry is made on the blockchain, it cannot be altered or deleted after the entries are validated.
Continue reading: https://www.analyticsinsight.net/public-vs-private-blockchain-what-does-your-business-need/
