Evaluating Blockchain Architecture for Optimal Scalability PPT
This PPT slide, part of the 87-slide Digital Transformation: Blockchain Technology PowerPoint presentation, presents a comparative analysis of blockchain architecture options, emphasizing the potential of private, permissioned blockchains to deliver superior scalability. It begins by outlining the strategic insight that commercial blockchain applications are likely to favor private architectures to enhance network efficiency and scalability. The text highlights the immense potential of blockchain technology as a new standard for trusted records, identity verification, and transaction processing.
The central part of the slide categorizes blockchain architectures into 2 main types: public and private, further divided into permissionless and permissioned configurations. Public permissionless blockchains allow anyone to join, read, write, and commit transactions. They are hosted on public servers, characterized by anonymity and resilience, but suffer from low scalability. In contrast, public permissioned blockchains permit only authorized participants to write and commit, offering medium scalability.
Private blockchains are presented as a more favorable option. Private permissionless blockchains restrict participation to authorized users for reading and writing, hosted on private servers, and are noted for high scalability. The private permissioned blockchains take this a step further, allowing only authorized participants to read, while only the network operator can write and commit transactions. This configuration is highlighted as offering very high scalability.
The slide concludes with a note on the significant commercial disruption that blockchain technology can bring, suggesting that organizations considering blockchain should weigh these architectural options carefully. Understanding the differences in scalability and access can inform strategic decisions in adopting blockchain solutions.
This slide is part of the Digital Transformation: Blockchain Technology PowerPoint presentation.
This presentation is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants based on the Blockchain thought leadership global consulting firms.
EXPLORE MORE SLIDES FROM THIS PRESENTATION
EXPLORE MORE PRESENTATIONS ON
Flevy is the world's largest knowledge base of best practices.
Leverage the Experience of Experts.
Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.
Download Immediately and Use.
Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.
Save Time, Effort, and Money.
Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.
