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Enterprise Blockchain
HomeGlossary TermsEnterprise Blockchain

Enterprise Blockchain

June 28, 2023BY Ubik Capital
167Views

Enterprise blockchain refers to blockchain systems primarily employed by large corporations for purposes such as record keeping, data storage, and various transactional and business functions. To be sustainable for real-world enterprise applications, viable enterprise blockchains must exhibit three crucial characteristics: scalability, decentralization, and security. These systems are designed to handle a significant volume of transactions swiftly, as large corporations frequently generate and process substantial amounts of data. Enterprise blockchains can be private, public, or hybrid systems.

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