List of Top Private Blockchain Companies | Top Private Blockchain Developers
51 to 250
$26 - $50 /hr
Private Blockchain
India, USA
Unified Infotech is an Award Winning technology company working with global Enterprises, SME’s and forward-thinking Start-Ups as their end-to-end solution partners for custom-tailored software, web and mobile apps. Through a combination of smart planning, design thinking approach, and the latest technologies, we help our clients to accelerate their business efficiency. Read More About Unified Infotech
251 to 1000
$26 - $50 /hr
Private Blockchain
USA
Tkxel is a Global Custom Software Development company. We partner with enterprise clients and SMEs to elevate their value through innovative technologies. Our experts, located across Europe, US and Asia provide our clients with a wide range of software services to turn their key business requirements into dynamic software solutions. Read More About Tkxel
51 to 250
$26 - $50 /hr
Private Blockchain
Brocoders is an outsourcing software development and consultancy company which is focused on Web & Mobile Development Services. We’ve completed over 50 projects for the businesses of all sizes worldwide. Read More About Brocoders
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What are the best features of a private blockchain?
- Faster Performance: Private blockchains have lesser nodes than public blockchains ensuring faster performance.
- Manageable Network: Uptimes are maximized, downtimes are reduced while scaling is facilitated for private blockchain networks.
- Scalability: You get the best performance out of private blockchains as they are smaller in size & traffic in comparison to public blockchains, making them more suited for scalable businesses.
- Robust Architecture: The top security protocols keep malicious activities at bay while the firewall type features protect all the information from outside and inside presence within the ledger.
- Less Resources: Private blockchains take up only a handful of resources saving a lot of manpower and money.
- Regulations: It is impossible to work without a regulatory system in enterprises which is an excellent reason to use a private blockchain network.
- Low Fees: Transacting with the minimum fee is a great reason to start with private blockchains. Most of the time, you may not even need a transaction fee.
- High Efficiency: This blockchain platform offers the highest level of efficiency as only a handful of pre-authorized nodes get an entry. So, there is no way the nodes can take up more resources than usual, making the network highly efficient.
Comparison between Private Blockchain and Public Blockchain
| Comparison | Private Blockchain | Public Blockchain |
|---|---|---|
| Access | Single Organization | Anyone |
| Authority | Partially decentralized | Decentralized |
| Cryptocurrency Requirement | No cryptocurrency is required | Cryptocurrency is required |
| Transaction Speed | Fast | Slow |
| Consensus | Need permission | No permission needed |
| Efficiency | High | Low |
| Data Handling | Read & write for a single organization | Read & write for anyone |
| Immutability | Partial | Full |
| Native Token | Not necessary | Yes |
| Energy Consumption | Consume a lot less energy & power | Consume more energy & power as it requires a significant amount of electrical resources to function & achieve network consensus |
