Category: Private Blockchain networks

Hedera Hashgraph is a distributed ledger technology that aims to provide a high-performance, scalable, and secure platform for decentralized applications (dApps). Unlike traditional blockchains, which use a linear chain of blocks, Hedera uses a unique consensus algorithm called Hashgraph to achieve high throughput and fast finality. Key Features of...

BigchainDB is a scalable blockchain database designed to provide the benefits of blockchain technology—such as immutability, decentralization, and transparency—while also addressing the need for high performance and scalability. It combines elements of traditional databases with blockchain principles, aiming to offer a hybrid solution that can handle large volumes of...

IBM Blockchain is a blockchain-as-a-service (BaaS) offering developed by IBM that provides enterprise-grade blockchain solutions for businesses. Built on the open-source Hyperledger Fabric framework, IBM Blockchain aims to help organizations build, deploy, and manage blockchain networks with a focus on security, scalability, and flexibility. Key Features of IBM Blockchain...

Quorum is an enterprise-focused version of the Ethereum blockchain designed to address specific needs related to privacy, performance, and governance in financial services and other business applications. Originally developed by JPMorgan Chase, Quorum has since been open-sourced and is now maintained by ConsenSys, a leading Ethereum development company. Key...

Use Cases of R3 Corda Summary R3 Corda’s specialized focus on the financial services sector, along with its unique approach to privacy and transaction processing, makes it a powerful platform for managing complex business processes and regulatory compliance....

Hyperledger Fabric is a prominent open-source blockchain framework designed specifically for enterprise use. It is part of the Hyperledger project hosted by the Linux Foundation, which aims to develop cross-industry blockchain technologies. Hyperledger Fabric is particularly well-suited for creating permissioned, private blockchain networks where multiple organizations collaborate. Key Features...

Private blockchain networks are blockchain systems that are restricted in terms of access and participation. Unlike public blockchains, which are open to anyone and offer transparency to the general public, private blockchains are limited to a specific group of participants who are known and trusted by each other. Here’s...