What are building blocks of a Enterprise Blockchain Architecture

Blockchain design of today has moved beyond cryptocurrency. It has evolved into a platform that supports industry-wide use cases suitable for public and enterprise needs. While there is no standard architecture, the reference architecture shown below can serve as a foundation for building or implementing blockchain applications for industry-wide use cases. It depicts a layered architecture that provides components and services necessary to implement blockchain applications for enterprise needs. It can be used to develop a blockchain of single or multiple networks (involving multiple business units or organizations) based on the business goals and objectives. One can follow the reference architecture to design both permissioned (private) as well as permissionless (public) blockchain applications.

The above reference architecture can be used to build any blockchain applications. The architecture is divided into logical layers of importance. These layers are Application, Smart Contract, Integration, Distributed Ledger and Security. Let’s look at each of these layers and its components.

For detail explanation of all components, visit –https://cloudsolutions.academy/how-to/blockchain-reference-architecture/application/

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