Blockchain And Entertprises — A Match Made In Heaven

As the world becomes increasingly digital, do not be surprised when you see more and more businesses upgrade their databases to a blockchain architecture. Not only is this nascent technology more efficient and secure than traditional data storage methods, but it is also faster and better for scaling, often allowing the latency of a network to fall several times while the transaction throughput increases.

There are several existing blockchain infrastructure protocols geared toward businesses — from public chains like Ethereum to private blockchains like GoChain, R3 Corda, and Hyperledger Fabric. However, not all of these blockchains have the specs that businesses need to build their programs and platforms. As a matter of fact, when EventChain went to build their ticketing platform, they found that the Ethereum blockchain was incapable of handling their businesses operations and the technical parameters they required.

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