Blockchain Technology Compared

Blockchain Technology Compared

When working on your next big idea you have decided that you want to use blockchain distributed ledger technology in your business rather than a relational database. That is great but soon you become overwhelmed by the different blockchain technology implementations available. The first blockchain is open, public, and its tokens are worth over $9 billion now. Then we have witnessed several private blockchains like Ethereum which we would review separately.

Hyperledger has primarily been created in order to encourage and facilitate cross industry interactions through an open source, compartmentalized, yet collaborative blockchain platform. With such a modular structure, you can sure the highest level of security, transparency, and scalability in your functions.

In the below infographic we have compared some of the most popular distributed ledger technologies available:
Blockchain Technology Compared

If you need help integrating your blockchain with services, creating custom logic, smart contracts, and proofs of concept, please get in touch. We are here to help you explore the blockchain technology and provide you with state-of-the-art solutions.