We need to do something radically different to solve some of the many challenges we face today related to security, identity, trust, and interoperability. Blockchain is this and more.
Solving Data Security with Blockchain
At its core, Blockchain represents a significant advancement in data management. It changes the paradigm from centralized data stores with trusted transactions that modify data to a decentralized powerful model that works in a trustless environment.
The major constraint of relational databases is that they are centralized, in that management of the data is placed in the hands of just a single or a few entities who must bear responsibility for its integrity and security. Because Blockchain technology is decentralized, it can withstand the emergence of bad actors without the security of the network being compromised, i.e., it has fault tolerance.
HYPERLEDGER
Hyperledger platforms, such as Fabric and Sawtooth, enable enterprises requiring private, confidential transactions, to coexist on the same permissioned network or boost their security profile.
ETHEREUM
Ethereum matches well with trustless solutions needing transparency. We write your smart contracts and deploy them onto the decentralized, public blockchain.