Zebi Public Blockchain (ZPB)
Service providers across different domains face challenges in not only sharing their data securely but also protecting their information over a long period of time. Governments, Educational Institutions, Healthcare providers, the Hospitality Industry, the Financial sector and others need a comprehensive solution to this problem.
Citizens, Patients, Students, Professionals, and other recipients of such services rely on these institutions to share their respective data in a fool-proof manner with the data requestors.
Proof of Identity, Proof of Existence, Proof of Qualification, Proof of Health status, etc. need to be immutable, reliable, and above all trustworthy.
Many a time, privacy is not respected and there have been many instances of the data breach and misuse of data especially in the financial sector.
Blockchaining of such data requires the much-needed security and immutability along with its decentralized nodes that make it hacker-proof.
A private blockchain is a permissioned blockchain. The permissioned networks place restrictions as to who is allowed to participate in the network and the types of transactions. In private blockchains, the owner of the blockchain is a single entity or an enterprise that can override/delete the commands on a blockchain if needed. Therefore, a private blockchain is not decentralized in its true sense and it can just be called a distributed ledger or database with cryptography to secure it.
On the other hand, a public blockchain is a permissionless blockchain. Anyone can join the public blockchain network, meaning that they can read, write, or participate in the network. Public blockchains are decentralized and no one has a control over the network. Public blockchain networks are secure in that the data cannot be changed once it is validated on the blockchain.