5 Blockchain Platforms That Are Very Interesting

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The BITLQ NET  blockchain represents the shared and non-transferable ledger that makes possible the process of storing and safeguarding transactions, as well as tracking assets within business networks.

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Assets are usually physical such as land, houses, or cars; cash or intangibles, such as intellectual property, trademarks, patents, and copyrights.

Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and costs for everyone involved.

Importance Of The Blockchain

All types of business handle information; the more extensive and accurate it is, the better the implementation of the blockchain can be, which is magnificent to gain much more from that information since it provides the reliability and certainty of the data immediately stored in a book unalterably distributed to which particularly legitimate members have free access.

Due to the need for new blockchain platforms, it has constantly increased for companies to test various platforms by developing them.

This Blockchain technology is recognized for its decentralization and reliability, a fundamental basis in the financial sector. On this platform, it is unnecessary to worry about the immutability and security of financial applications based on this technology, which most companies focus on.

Top 5 Blockchain Highlights

This technology has quickly allowed the development of new applications on blockchain platforms through intelligent contracts. Next, we will see some of the best blockchain platforms.

  • Ethereum; This is one of the blockchain platforms, with more time in the market, very established and implemented.

It also has its cryptocurrency known as Ether ( ETH ). This platform offers a fully decentralized blockchain and fully complies with the instructions of intelligent contracts, obtaining efficient operation.

One of the main advantages of the Ethereum platform lies in its accurate decentralization, contrary to its main weakness, which is prolonged processing coupled with high transaction fees.

The Ethereum platform is going through a general lack of control among blockchain application developers due to the development of decentralized applications known as dApps.

  • Hyperledger Fabric; This platform allows the creation of a complex application or software on the blockchain, dividing it into minimal parts, where the immediacy and availability of unstable and modular designs within the platform are widely used and necessary in different industrial applications.
  • eoz is one more platform option based on the secure and very efficient blockchain to create dApps; it can also be called an extended version of Ethereum and Bitcoin since some features are similar to EOS.

The EOS blockchain has the capacity for intelligent contracts, dApp storage, and decentralized protection in business solutions, thus solving growth and development problems.

In EOS, an application for finances can be developed to make transactions at a lower cost. Also, developers can implement applicable smart contracts as per business requirements.

  • Corda; It is a platform developed in open source where programmers can generate dispersed and authorized solutions; it allows companies to make transactions quickly, saving radical privacy policies with smart contracts.

Generally, all commercial processes are guaranteed, significantly reducing transaction costs and record keeping.

  • Thunder; This decentralized platform aims to create a decentralized web. In the same way as Ethereum, it gives developers the advantage of taking advantage of entire protocols through smart contracts on the blockchain.

This platform can operate two thousand transactions per second, much more than payment processors such as PayPal. Most importantly, it has 0 fees per transaction.

Tron offers very high scalability options, and it needs a delegated proof-of-stake protocol to help improve security on the blockchain. There are many ways to implement a DApp on the Tron network. Today Tron is the fastest-growing public chain.

Conclusion

The development of blockchain platforms to manage a business is a new and innovative strategy implemented.

The above are some of the best blockchain network platforms that have brought the vast majority of companies that create them as part of their organization to the top, providing great security, efficiency, and effectiveness in the processes and transactions. for the same

We can choose many options according to personal or organizational convenience.

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