Permissioned blockchains are distributed ledgers that are not open to the public. Only users with permissions have access to it.
On top of the permissioned blockchain, a control layer supervises the behaviour of the authorised players.
Permissioned blockchains function in a completely different way than private and public blockchains. They’re designed to take advantage of blockchains without sacrificing the centralised system’s authority.
Permissioned systems are also known to limit the number of consensus players, making them highly configurable and controlled by their owners.
- Efficient performance
- Proper governance structure
- Decentralized storage
- Compromised security
- Control, Censorship, and Regulation
|Not open to anyone
|Open to anyone
|Not so cost effective
|Managed by groups of owners
|Access permission required
|No such permission