Blockchain across Oracle

Private blockchains

This type of blockchain works in virtually the same way as a consortium blockchain, however, the network control and write permissions are maintained by one organization or entity (centralized) and so they are fully private. Furthermore, authorization for read permissions may be public or restricted to an arbitrary extent. Finally, private blockchains also fall into the category of permissioned blockchains and thus provide the same benefits, such as setting permissions on individual entities or end users. Types of applications that would likely run on a private blockchain include auditing, database replication, and internal usage for a single company. In many cases, the data doesn't have to be readable publicly, but in ...