Consortium Blockchain

« Back to Glossary Index

It is a privately owned and operated blockchain where a consortium shares information that is not readily available to the public. It relies on the immutable and the transparent properties of the blockchain. The consortium blockchains are created as well as used by the corporations when they are looking forward to enjoying the benefits of the exchanging value and information offered by a distributed ledger but locate public, permissionless blockchains inadequate for any particular reason.

« Back to Glossary Index

Check Also


7 Best VPN For Streaming: Enjoy Your Shows From Anywhere

Isn’t it frustrating when you just want to kick back and watch your favorite shows …