Docy Child


Estimated reading: 1 minute 38 views

4 types of blockchain

Simply put, a blockchain is a shared database or ledger. A decentralized ledger of all transactions across a peer-to-peer network, called Blockchain. With this technology, users can confirm transactions without a need for a central clearing authority. Blockchain applications can include fund transfers, settling trades, voting and many other issues.

There are 4 types of blockchain:

  • Public Blockchain – No restrictions, anyone can participate in the network.
  • Private Blockchain – Only selected nodes can participate in the process, making it more secure.
  • Hybrid Blockchain – Mixed content of the private and public blockchain.
  • Consortium Blockchain – Validates the transaction and also initiates or receives transactions.


Disclaimer: All content is only for technology education & knowledge sharing purpose, from mentioned sources. There is no endorsement of any products or service. The names and logos of third party products and companies shown and used in the materials are the property of their respective owners and may also be trademarks.
Share to...