Uploaded on Jul 20, 2020
Blockchain Council offers an online Blockchain training program and Blockchain courses that will give you a complete understanding of this technology. Moreover, these Blcockhaoin certification programs give you learning about what forms the core of Blockchain technology.
What Is the Difference Public, Private and Consortium Blockchain
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What Is The Difference Public, Private, And
Consortium Blockchain?
Blockchain has become an integral part of the functioning of different business
operations. Although Blockchain is growing profusely, at the same time, some
apprehensions are surrounding this platform like easy access to anyone in the
network which raises questions on the credibility of the Blockchain platform.
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Here we would like to mention that there are different types of a Blockchain
platform. If you pursue the Blockchain course, then you will learn about Blockchain
technology and its various platforms. Each of these platforms finds different
applications. In this blog, we are going to highlight the different types of the
Blockchain platform and its key differentiating features.
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Let’s Explore:
1.Public Blockchain Platform- In 2009, the world got to know about
Cryptocurrency, and along with it, its underlying technology, Blockchain also
surged. This was the public Blockchain platform that nullified the existence of
middleman, and at the same time, it also promoted peer-to-peer networking.
However, anyone can access this system. It is a more open system which
connects the people without the interference of third-party.
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Key features of public Blockchain:
· It is open, and anyone can access the system while maintaining their
anonymity.
· Completely transparent ledger
· Fast-functioning and secure
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1. Private Blockchain Platform- Most of the companies are now looking for
Blockchain platforms which are more secure than public Blockchain. It becomes
especially important for industries dealing with financial information and
transactions or other confidential information. Here private Blockchain plays a vital
role. It allows middleman, but their role is limited. Here we have a single authority
which looks after the entire work.
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Key features of Private Blockchain
· It is somewhat decentralized
· Has a single governing authority
· More trusted and secure than public Blockchain
· Empowers enterprises
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2. Consortium Blockchain Platform- This is also known as federated
Blockchain. It has multiple organizations governing this platform. To be more
precise, it is a permissioned Blockchain. The one who can access the system or
grant permission has to be a part of the permissioning organization. Each
organization that is a part of this platform will keep a check on the platform.
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Key features of Consortium Blockchain
· It is faster
· Has better scalability
· No risk as this is a permissioned platform
· No criminal activity
· Completely secure
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This brief overview of the different Blockchain platform would give you an insight
into the technology and the way it works. However, it becomes important to know
how these function and for it, one needs to learn in-depth about it.
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Blockchain Council offers an online Blockchain training program and Blockchain
courses that will give you a complete understanding of this technology. Moreover,
these Blockchain certification programs give you learning about what forms the
core of Blockchain technology. So, if you wish to make a career in this field, this is
the right time to start learning.
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Concluding Thoughts- As Blockchain continues to grow and the hunger of
companies to thrive in the competitive work, we are going to witness a surge in
demand for this technology. Blockchain professions and tech experts are going to
be the kingpin of tomorrow.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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THANK YOU!
Any questions?
You can mail us at
[email protected]
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