Requirements
In addition to integrity and consistency, which are also provided by public blockchains, there are several other requirements specifically for enterprise blockchains that make them suitable for enterprise use cases. In some cases, some requirements become even stricter in enterprise blockchains compared to public blockchains. For example, in public blockchains, eventual consistency is acceptable. However, in enterprise blockchains, the moment a transaction is committed, it should immediately finalize and irrevocably become part of the global record (state). Thus, we’ll begin by briefly defining integrity and consistency before introducing specific requirements for enterprise blockchains:
- Integrity: This attribute of a blockchain is provided by the use of hash functions and digital signatures, and plays a vital role in the overall security of the blockchain. Hash functions allow us to check for any data modifications, whereas digital signatures ensure...
