Private distributed ledger technology or public blockchain? By Cointelegraph
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Permissioned distributed ledger technology is thought to be more efficient than open blockchain. This is because the permissioned version has been modified to deal with the problems of the former. Such systems are also called “permissioned blockchain,” as if blockchain is a high-level concept and “permissioned” is one of its variants. However, this assertion is controversial. Below you will see the reasons.
You have many options in DLTs. There is permissioned DLTs, private DLTs, enterprise DLTs, and federated DLTs. Sometimes it can be hard to differentiate between the different DLTs. Let’s compare DLTs and blockchain to get this point across.
Oleksii KonashevychThe author of this article is Cross-Blockchain Protocol for Government Databases : Technology for Public Registries & Smart Laws. Oleksii is currently a PhD fellow in the Joint International Doctoral Degree of Law, Science and Technology, funded by EU. Oleksii is a collaborator with RMIT University Blockchain Innovation Hub. He studies the application of blockchain technology to e-government and e–democracy. His work also includes the tokenization and use of digital IDs for real estate, public registries, and e-voting. Oleksii co-authored a law on e-petitions in Ukraine, collaborating with the country’s presidential administration and serving as the manager of the nongovernmental e-Democracy Group from 2014 to 2016. Oleksii contributed to the drafting of a bill about Anti-Money Laundering, and taxation issues regarding crypto assets in Ukraine in 2019.
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