Foundations of Blockchain

Permission management

When a MultiChain blockchain is deployed in an enterprise as a private network, it could be configured so that each node has a different level of access control. When a permission mode is enabled in a blockchain network, each peer has to be given permission explicitly by using their public addresses. Some of the permission levels are connect, send, receive, issue, mine, activate, and admin. Permissions can also be assigned for a specific asset, making the permission management more granular. Access control can also be revoked at any time by the node. Permission management makes sure that none of the unknown peers are allowed inside the private blockchain or set up a hierarchy in the organization by deciding different ...