What is an enterprise blockchain

Enterprise blockchain refers to the application of blockchain technology specifically for businesses and organizations․ Unlike public blockchains, enterprise blockchains are often permissioned, meaning access is controlled․

Table of contents

Key Features

  • Permissioned Networks: Defined participants govern the system․
  • Scalability: Designed to scale commercial procedures․
  • Transparency & Trust: Enhances trust in transactions․
  • Efficiency: Improves efficiency in processes like supply chain tracking․
  • Data Integrity: Unchangeable records with timestamps․

Benefits

Enterprise blockchains can transform businesses by offering secure, transparent, and efficient solutions for various commercial applications․

Examples

Examples include tracking supplies, settling international transactions, and improving data delivery․

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