Category: permissioned blockchain

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Private, public and consortium blockchains: The differences explained

November 3, 2021

There are three main types of blockchain technology: public, private and consortium blockchains, each of which has specific pros, cons and ideal uses. How does a consortium blockchain work? The consortium blockchain network is a blockchain in which numerous organizations manage the platform. Instead of starting from scratch, newcomers might join a consortium and helpt…
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Boeing Uses Blockchain to Track and Sell $1 Billion in Aerospace Parts

March 9, 2020

Aerospace giants Boeing and Honeywell have partnered to track and sell $1 billion in spare aviation parts using distributed ledger technology. Boeing has partnered with multinational aerospace conglomerate Honeywell to use its GoDirect platform to track and sell $1 billion worth of excess airplane parts using blockchain technology. The partnership was revealed at the Hyperledger…
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