Blockchain technology is a shared, immutable ledger for recording transactions, tracking assets, and building trust without the need for any third-party involvement. There are three different types of blockchain platforms available in the market for various purposes, i.e., public blockchain, private blockchain, and consortium blockchain.
Before understanding the differences between them, let’s learn the common key features they have in them. All blockchains, despite the differences, are a network of peers that have append-only ledgers and uses a consensus mechanism to agree upon the correctness of transactions.