Types of Blockchain
Blockchain is a type of technology not a single network. It can be implemented in many different ways.
1. Public Blockchain – Open to everyone to view and access
2. Private Blockchain – Access to a select group of authorized users.
3. Hybrid Blockchain – combination of both private and public Blockchain
A permissionless blockchain is also known as a public blockchain, because anyone can join the network.
Bitcoin blockchain, is a permissionless blockchain.
A permissioned blockchain, or private blockchain, requires pre-verification of the participating parties within the network, and these parties are usually known to each other.
The supply chain management is an ideal use case for permissioned blockchains.
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