Private Blockchain Development
At LimeChain, we help Fortune 500 companies like P&G leverage private blockchains to optimize their business processes. We have experience in private blockchain development, including developing both Proof of Concepts and production-grade solutions, with certified and experienced developers for Hyperledger, Corda, Polkadot and Enterprise Ethereum.
Private Blockchains Explained
A private blockchain is a peer-to-peer network that is based on the technology of distributed ledgers (such as Bitcoin and Ethereum) but is not accessible by the public. It is one of the three main types of blockchains. Unlike with public, so-called permissionless blockchains, access to a private blockchain must be granted, i.e. permission is required to read and write transactions.
Private blockchains typically do not require the consensus of all nodes in the network for transactions to occur. This means that in such blockchains power is more centralized than in public ones which makes them more efficient in processing transactions.
Given their closed-off nature and fast transaction speeds, private blockchains are a perfect solution for enterprises.
Want to know more about private blockchain development and how it can be good for your company? Here are some of its benefits:
Benefits of Private Blockchain Development for Your Business
Private blockchains are perfect for enterprise use cases and corporate innovation.
Combining the main characteristics of blockchain-like distributed ledgers and smart contracts with the privacy and access-only nature of private networks, private blockchains offers the following advantages:
The Private Blockchain Development Process
Private Blockchain Development by LimeChain
LimeChain has an extensive background in developing private blockchain networks for our clients and partnering with various members of the community.
We are proud with our memberships within Enterprise Ethereum Alliance and the Hyperledger Foundation. We are mentors in the R3 startup ecosystem and are also partnering with Hedera Hashgraph and Baseline Protocol to develop their platforms and use them for various ERP integrations.
Our expertise and experience include:
– Certified Hyperledger Fabric developers
– Certified Corda developers
– Experience on 100+ blockchain projects on both public and private chains
– Experience in working with fortune 500 companies (P&G)
– Experience with ERP integrations