Hello People! Companies wonder if what they do with a blockchain can remain private. The answer? Let’s read on!
The good news is you can make your blockchain as safe as you want it to be! Privacy can be highly customized according to use.
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Infographic explained: People wonder if safe data costs a lot. Actually with a blockchain, if you choose right, you can save a lot.
There are different kinds of blockchains. Check this image out.
At a company with its own production site, on chain messaging was being thought of. The company had a partner with whom data was shared.
The partners came up with a secret key offline and off chain. Then, the company encrypted the data and sent it over.
The partner could quickly interpret the original message at a lower cost than usual. End of story, people. I’ll see you next month. So,
G’Bye,
Gaurvi.
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