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Blockchain : Can anybody please explain in detail how private Blockchains can be used for storing confidential data?

Blockchain : Can anybody please explain in detail how private Blockchains can be used for storing confidential data?


I want to understand how private Blockchains can be used to store confidential information within an organisation in detail but I am not able to find any good resource on the internet. It would be a great help if anybody could explain it here. If you know some case studies about this please let me know. Thanks in advance !




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What is the Blockchain?



A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency’s block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history.

Author: banoresaurabh

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