A private blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... is a permissioned ledgerA permissioned ledger is a blockchain in which cryptographic keys or permissions grant read and write access to the ledger.... where only designated parties can access information and participate in the blockchain networkA blockchain network is a decentralized system that allows for peer-to-peer transactions. The main components of a blockchain network are.... Unlike public blockchains, which are open to anyone, a consortiumA consortium is a group of companies that work together to achieve a common goal. In the context of blockchain,... or company must set up and administer a private blockchain.
