Selecting and deploying the right blockchain for your company

There is a cornucopia of blockchains (with over 1,000 in existence) and, because each has been designed to perform different functions, they therefore offer a variety of characteristics. Some are designed to be publicly available whilst others are private/permissioned; others focus on speed of transactions whilst some have built to be highly decentralised. Hence, determining the type of blockchain that is most appropriate for your business requires careful planning and analysis of the problem that your firm is looking to address. Blockchain technology is a disruptive force in digital innovation that will transform industries worldwide and its decentralized and transparent nature has the ability to change business, data storage and transaction verification. So, to maximize blockchain's power, you must grasp its development life cycle; understanding the workings of blockchain technology is essential for developing an effective solution. As to the blockchain developers who are required t…