Demystifying Blockchain: The Technology and Its Providers

NetSuite Inc
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Key Takeaways
  • Discover the three types of blockchain: public, private, and permissioned
  • Learn more about permissioned distributed ledger technologies
  • Blockchain's impact on traditional internet and business transactions
Blockchain is an emerging technology that has the potential to disrupt many industries and businesses. It provides transaction consensus, provenance, immutability, and finality in a so-called decentralized economy and society. It disrupts the traditional concepts of trust, ownership, and trade and, consequently, internet and business transactions.

Like cloud computing, blockchain can be public, private, or permissioned—a type of private blockchain where anonymous or named authorized participants verify transactions. This report focuses on permissioned distributed ledger technologies.

Author Bio:

NetSuite Inc
NetSuite Inc 2955 Campus Drive, Suite 250 San Mateo, CA 94403-2511 United States Phone: 650-627-1000 Fax: 650-627-1001 Email: URL:
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