Enterprise Blockchain

While blockchain technology was initially developed to underlie cryptocurrencies, it quickly drew the attention of enterprises, which wanted to harness the same technology to create private or permissioned blockchains.

Thus gave rise to enterprise blockchains.

We’ve been talking a lot about public blockchains like Bitcoin and Ethereum.

Now we’ll be switching gears to see how blockchain fits in with enterprises, particularly with banks — ironically enough.

As a technology that was initially created to avoid large banks and powerful centralized institutions, blockchain seems to have come full circle…

Banks and Blockchain