Frequently Asked Questions
A private blockchain development company provides a range of services including custom private blockchain solutions, smart contract development, permissioned blockchain setups, and integration with existing enterprise systems. Companies like Malgo focus on delivering secure, scalable blockchain networks tailored to specific business needs.
Custom private blockchain solutions are developed to meet specific business requirements, offering improved security, faster transaction processing, and automation through smart contracts. Malgo works closely with businesses to deliver solutions that fit their unique operational needs.
Enterprise private blockchain development focuses on creating permissioned networks with restricted access and strong governance controls, unlike public blockchains that are open and decentralized. This approach supports confidentiality and compliance crucial to many organizations.
Building a private blockchain involves defining clear business objectives, choosing the right platform, designing secure infrastructure, and developing smart contracts. Malgo guides businesses through this process to ensure the network aligns with strategic goals.
Permissioned blockchain restricts participation to trusted entities, enabling businesses to maintain strict control over data access and transaction validation, which reduces risks of data breaches and fraud.