Some of the major advantages of a private blockchain are as follows:
- Distributed database: Imagine a database that needs to be highly available, meaning that there are one or more backup copies, or "slaves" of the primary database, or "master." The primary database runs on high-end hardware and is closely monitored for problems, with transactions being replicated to backup copies. If the master database goes down (for example, due to a power outage or hardware failure), one of the slave databases at a different physical location will take over and become the new primary, or master, database location. With a standard database, the data is replicated between the master and the slave databases, usually in near real-time. To make standard ...
