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Blockchain technology and Artificial Intelligence
Typology: Summaries
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Presented by : Rekha k Nithya A
Outline:
There are four types of blockchain networks:
A public blockchain is one where anyone is free to join and participate in the core activities of the blockchain network Anyone can read, write, and audit the ongoing activities on a public blockchain network, which helps achieve the self-governed, decentralized nature often touted when blockchain is discussed.
The term "consortium blockchain" refers to a group of private blockchains, each owned by individual institutions that have banded together to share information to improve existing workflows, transparency and accountability What is consortium block chain?
Hybrid blockchain is often referred to as a combination of both public blockchain and private blockchain. It blends essential components of both public blockchain and private blockchain and with the mix of the best of both public and private blockchain protocols. What is hybrid block chain?