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Phrases with «permissioned blockchain»

A permissioned blockchain is a type of blockchain where access and participation are controlled by a centralized authority. It requires permission or approval to join the network, make changes, or validate transactions. Only authorized entities or individuals can be part of this blockchain, ensuring higher security and privacy control compared to public blockchains like Bitcoin. Full definition

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Sentences with «permissioned blockchain»

  • Consortia projects, he believes, can leverage the Azure platform to offset the need for traditional types of trust agreements in permissioned blockchain networks. (coindesk.com)
  • Since Hyperledger Fabric was designed to meet key requirements for permissioned blockchains with transaction privacy and configurable policies, we've been able to build solutions quickly and flexibly. (hyperledger.org)
  • We contend that the blockchain protocol and data should be accessible to end users to provide a higher level of decentralization and transparency and argue that proof of work could be effectively used in permissioned blockchains as a decentralized and auditable means of providing and diversifying security. (bitfury.com)
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