Surprising fact about layer-3 blockchains lecture#6steemCreated with Sketch.

in hive-183959 •  8 months ago 

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Enterprises Ethereum

It is a blockchain technology designed especially for enterprises. As it provides a business-oriented platform it aims to widen up business application of blockchain development. Its base is the Ethereum blockchain, a decentralized base for the development of contracts and DApps. It is a private blockchain and only authenticated users can use it.
The applications of Ethereum are supply chain administration and identity administration. The main advantages of enterprise Ethereum are efficiency, speed, cost-effectiveness, and security.
As every coin has two sides or every matter has two aspects negative or positive. The same is the case of enterprises Ethereum has some drawbacks which are technical difficulties, legacy system integration, law and rule regulation, and new avenues.

CORDA

CORDA and multichain are competitors. Both provided an enterprise-focused protocol. CORDA mostly works on finances and business. It makes a distinct blockchain trilemma.

QUORUM

It assists organizations in finance. It is attractive financial community fully supports it. It is an open source and anybody can use it and it is linked to Ethereum.

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