Permissioned blockchainsA blockchain is a distributed database that is shared among the nodes of a computer network. Read More are blockchain networksThe plugin doesn't mess with the featured image feature either, but allows WordPress and the theme we choose to hide/show... Read More that require access to be a part of. In these blockchainA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by... types, a control layer runs on top of the blockchain that governs the actions performed by the allowed participants. Permissioned blockchains work entirely differently than private and public blockchains. They are crafted to take advantage of blockchains without sacrificing the authority aspect of a centralizedAn organizational structure wherein a small handful of actors have control over the entire network. In the context of bitcoin,... Read More system. A permissioned system is also known to have a restriction on the consensusConsensus is what allows a distributed system (like the blockchain) to function as a decentralized peer-to-peer system without the need... Read More participants, making permissioned networks highly configured and controlled by the owners.
