Private Blockchain Development | Bitdeal
Blockchain technology is one which constantly bring changes over the entire world . Initially blockchain is used for cryptocurrency transactions .But now , blockchain is used in various industry verticals because of its nature . Blockchain is known for its nature of scalability , interoperability, liquitidy,flexibility and security . This features of blockchain has made it to be used in various industries . According to the usecases blockchains are classified as Private Blockchains and Public Blockchains Difference between public and private blockchains : Public Blockchains : The blockchains that allows to use the decentralized concept of blockchain technology to the fullest is known as public blockchain . The cryptocurrency and bitcoin transactions are carried over public blockchains. Private Blockchains : Private Blockchains are one which limits the decentralization concept of blockchain technology and it only allows authorized individuals to a...