Blockchain is a technology that is constantly evolving, adapting to the needs of various sectors of the economy and business. Its versatility makes it suitable for use in many fields, from finance to logistics. However, blockchain is not just a unified system – there are many types of this technology, varying in terms of architecture and applications.
Not all blocks are equal
At first glance, blockchain may seem like a homogeneous technological solution, but in reality, there are many types of blockchain networks, differing in functionality, applications, and level of access to data. Each block contains key information about transactions, but how they are recorded, shared, and secured can be tailored to meet specific industry and operational needs. These differences are due to the dynamic market requirements and the specifics of the sectors that implement blockchain technology.
1CFT understands the diversity of blockchain technology and uses different types of blockchain technology to provide investors with the tools best suited to their business. Whether it’s transparency, flexibility, or a high level of data protection, blockchain offers solutions that can revolutionize asset management and investment processes. By using this technology, traders can operate effectively in a rapidly changing market environment, taking advantage of the best practices available in the market.
Public Blockchain
Public blockchain is the most open and transparent type of blockchain technology, which allows any user to access the network, view transactions recorded on it, and participate in the verification process. The main feature of this type of blockchain is full decentralization, which eliminates the need for central institutions to manage the system. Thanks to the peer-to-peer (P2P) network, data is stored simultaneously on many nodes, which guarantees high resistance to manipulation, technical failures and ensures the independence of users from external entities.
An example of a public blockchain that started a revolution in finance is Bitcoin. Thanks to it, users have gained the ability to carry out transactions without the participation of intermediaries, such as banks or other financial institutions. The transparency and immutability of public blockchain records have made the technology widely used in projects based on decentralized finance (DeFi), NFT tokens, or solutions that enable public data management, such as land registries or legal documents.
Thanks to its open nature, public blockchain is becoming the foundation for innovative projects that prioritize transparency, global reach, and the lack of trust in central entities. The trading platform recognizes the huge potential of this technology, offering traders the tools to access global financial markets based on decentralized structures. By using public blockchain, investors can benefit from full transparency, security, and independence, which are crucial in a dynamic market environment. Public blockchain is not only the future of finance, but also the foundation for building trust in the digital world.
Blockchain private
Private blockchain is a closed version of blockchain technology, designed for organizations that require more control over data access and the transaction verification process. Unlike a public blockchain, access to a private network is limited to a select group of users, ensuring a high level of confidentiality and security.
In a private blockchain, network nodes are managed by a central authority or group of administrators, which allows the network to be precisely tailored to the specific needs of a given organization. This structure allows for the establishment of detailed rules for accessing, managing, and verifying data, making private blockchain an ideal solution in sectors that require information protection, such as logistics, public administration, finance, and medicine.
In logistics, for example, private blockchain allows supply chains to be tracked in real-time, while ensuring that sensitive information is only accessible to authorized users. In medicine, this technology allows for the secure storage of patient data and its sharing in accordance with applicable regulations, which increases the efficiency of information management in medical facilities.
The pro-trading firm leverages the benefits of private blockchain, offering its clients tools that enable them to effectively manage their assets in an environment that requires the highest levels of security and confidentiality. By using this technology, traders can be sure that their activities are protected and access to data is precisely controlled. Private blockchain, thanks to its flexibility and ability to meet stringent business requirements, is becoming an indispensable tool in modern data management and operational processes.
Federated blockchain
Federated blockchain is an advanced solution that combines the key features of public and private blockchains to create a hybrid structure with high flexibility. In this model, the network is managed by a select group of participants, often called federated nodes, who jointly make decisions about data verification processes and access to the system. As a result, a federated blockchain strikes a balance between transparency and control, making it attractive to many business sectors.
This type of blockchain is particularly useful in industry consortia, where several companies or institutions collaborate on a common platform, exchanging data and information in a secure and transparent manner. Examples of use cases include financial institutions that need to manage transactions in a compliant manner, but at the same time want to restrict access to sensitive data to external users.
Federated blockchain is also used in industries such as logistics, where it enables real-time tracking of goods, and in medicine, where it supports the secure storage and sharing of patient data. Its flexibility allows you to create systems that can be tailored to the specific needs of a particular sector or organization.
1CFT leverages the advantages of the federated blockchain, offering investors modern tools to support their operations in dynamically changing markets. As a result, investors can benefit from solutions that not only increase the efficiency of resource management, but also guarantee security and adaptation to specific market requirements. Federated blockchain, thanks to its unique model, is becoming one of the key elements of digital transformation in various areas of the economy.
Blockchain is a technology with great potential, the diversity of which allows it to be adapted to many applications. From the full transparency of public blockchains, to the control and confidentiality of private networks, to the flexibility of federation systems, each of these options offers unique benefits. Blockchain is not only transforming the way data is managed, but also setting the course for the development of the digital economy of the future.
