MultiChain is one of the many platforms that help enable enterprises to both build and deploy blockchain applications with ease. As we already know, Bitcoin has a resilient public blockchain that can scale its network and handle transactions, which are ideal for public blockchains. This was achieved when the MultiChain project was created by taking inspiration from Bitcoin and creating a private blockchain platform.
A public blockchain maintained in Bitcoin does introduce a few restrictions, such as limited asset distribution, a transaction cost, lower transaction rates, and transparent transactions. Although it is difficult to escape these restrictions in the public blockchain, not all the use cases need to bear these restrictions.
A use case that can be implemented in a private network shouldn't pay for each transaction, achieve a higher...