ESDS Knowledge Base


What are the different types of Blockchain?

Primarily there are three different types of Blockchains as follows.

a.Public Blockchain: Open source blockchains are popularly termed as public blockchains. The transactions on public blockchains are fully transparent, which means anyone can examine the transaction details. They are completely decentralized.

b.Private Blockchain: Private Blockchains are also termed as “permissioned blockchains”. Business who wish to collaborate and share data but make sure their business-sensitive information is not visible on public Blockchain choose private Blockchain. They are more centralized, and participants need consents to join private Blockchain.

c.Hybrid Blockchain: Hybrid Blockchain combines the privacy benefits of a private blockchain with security and transparency of open source blockchains. It enables businesses to choose which data to keep private or public flexibly.

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