January 2019
Intermediate to advanced
258 pages
7h 12m
English
Content preview from Blockchain for Business 2019
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Private blockchains
The second type is owned by an organization or a consortium and is open only to its members or whoever has a permission to access it, which is granted by a gatekeeper. This is much closer to a centralized database, despite the fact that it's still a distributed computer system.
Many large financial institutions and other corporations are actively developing such private blockchains to streamline their operations and benefit from the efficiency blockchain architecture brings about, while still maintaining the privacy required for their internal operations.
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