Blockchain technology is enjoying great demand today and the number of users is increasing every day, as its decentralized nature and ability to connect to it from anywhere and achieving profits have contributed to an incentive for millions to join its platforms and participate in strengthening and securing it, but for large companies that want to include this technology with their services, the well-known platforms Like Bitcoin and Ethereum, they are not designed to provide the necessary services to these companies, which has opened the door to the emergence of a new type of platform called Enterprise Blockchain.
Despite the great spread the technology has achieved among individual users, the road to actual global spread needs to attract the interest of large companies to adopt blockchain and replace their old services and technologies, which remained difficult to investigate for a long time with the platforms that appeared in the early years, but today it has become This is possible with the Enterprise Blockchain, and in this article we will learn about this new type of platform and what it can offer in this area, so follow us.
What are the enterprise blockchain platforms?
Blockchain Companies is a blockchain platform designed to provide features and services at the level of large institutions and companies as its name indicates, which means that these platforms must achieve a high level of security and privacy in addition to the necessity to provide them with high and stable performance permanently away from the problems that You may come across well-known blockchain platforms, due to the sensitivity and importance of the data that companies may need to exchange through the blockchain.
In general, blockchain technology is considered to be able to meet the requirements of large companies, but when this technology began to spread there was no focus on this aspect in reality, and thus the known blockchain platforms remained unable to provide the appropriate services that companies may need, but during recent years Interest began to increase towards developing new solutions capable of serving companies as required, so that some technology giants such as Microsoft and Amazon have begun to develop new technologies to serve other companies and help them to embed blockchain more easily.
Which types of blockchain platforms are suitable for businesses?
In general, companies differ in many aspects that lead to the difference in what they may need from the blockchain, and therefore some platforms may be more useful than others depending on what is required of them:
Private Blockchain Networks
Private blockchains are considered one of the most important types capable of serving many companies, as they are not completely decentralized as is the case with the platforms we know, which means that the company will have full authority to determine who has the right to access the network without Other, in addition to its ability to bypass block processing in the network or even delete it completely.
These networks offer some additional features, the most important of which is the ability to keep transactions secret without showing them to everyone, and they can provide better performance and speed in processing transfer transactions as well in addition to significant savings in energy consumed due to the limitations of the participants in the network, but on the other hand, this may It makes them vulnerable to greater risks if someone gains access to them without authorization, and Ripple Enterprise Blockchain is one of the most prominent platforms that provide this service to companies.
Public Blockchain Networks
General Block Qin networks Public Blockchains is the most common type today, as it allows anyone to become a part of it without the need for any permit or authorization, and are therefore decentralized in full , as is the case with block Chen platforms known , such as the composition and Aithiriom, but as we mentioned in the beginning It suffers from some problems that make it unsuitable for companies, but if it is designed from the beginning with taking into account the requirements of companies, it may become efficient and able to offer many unique features in addition to solving some problems such as scalability and excess energy expenditure.
Unlike private blockchain networks , the public offers a high level of security due to the large number of participants in the network, and all transactions are visible to the public and cannot be hidden, but its main problem is the low performance and the long time required to process transfer transactions, but if security is the priority for For the company, public networks may be a suitable option here.
Federal Blockchain Networks
Federated Blockchains refer to a slightly different concept of public and private networks, and it can be said that they bring the best of both of these into one network. With federal networks, you will get private and decentralized blockchain networks at the same time, where several organizations and companies are connected to that network in a way that makes them responsible for managing and securing it in addition to their reliance on it in their transactions of course, and thus a good level of security can be obtained without sacrificing the features of private networks such as processing speed And spend little energy.
Blockchain as a Service (BaaS)
This type is a new and different form from what other companies offer, as Blockchain as a Service providers are technology companies that help other companies wishing to include blockchain and benefit from it, by facilitating the process of hosting the network, building it and even Fully owning and managing it in the future when the other company is ready for it.
BaaS providers also monitor the status of the network, maintain and develop it when needed, while the companies that use the service must use the blockchain normally without worrying about other technical aspects, and they can include their own decentralized applications and their own smart contracts on it as well.
Who are the companies developing corporate blockchain solutions?
Today, there is a great focus on this type of blockchain, and this has motivated many technology companies to start their journey in developing and creating new solutions for their customers, including large companies such as Oracle, IBM, Amazon and Microsoft in addition to some Chinese companies such as Alibaba and Baidu.
These companies are distinguished by their superiority in the field of cloud services, including cloud computing of course, as this is a basis from which they can start to meet the requirements of their existing customers with the new technologies that they are developing.
Some of the current blockchain platforms and the organizations responsible for them have also begun to invest in this area, as there are open source blockchain projects for this purpose such as Hyperledger Fabric, in addition to some other projects such as Enterprise Ethereum as well.
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