With the transformation of technologies in the financial services industry, blockchain is a progressive technology. It has presented many terms and processes like distributed ledgers, digital assets, and many more. Many entrepreneurs and companies perceive them as open-source blockchain platforms. The blockchain system of any company provides additional scalability and seamless transaction to deal with digital assets. However, the integration of ledgers in open-source blockchain platforms is helpful in transparent and efficient workloads. If you are looking for a blockchain development company for open-source platforms, RichestSoft can help your company or business.
Top 10 blockchain platforms
1. Tron
Tron is called an operating system based on blockchain. People use it to build decentralized apps and exchange media assets. To access specific operating software functionalities TRX currency is helpful. Thus, the Tron platform utilizes the primary function of the token. The purpose of creating Tron is to assist producers with better compensation for their labor. Tron platform covers new ideas and all information on the forum is open and does not come under the jurisdiction of central power.
Key feature:
- The capacity of high-performance and can handle 2000 transactions per second.
- Highly scalable and throughput to users.
- Provide multi-language extension functionality.
- Provide benefits of eliminating counterfeit chains.
2. IBM Blockchain
For creating transparent and efficient business operations IBM company use blockchain. IBM is famous for its blockchain platform to use. Users deploy their blockchain components in a choice of their environment because this platform provides manageable and full-stack blockchain services. However, with the help of the IBM blockchain platform, customers can create, use, and grow their blockchain network.
Key feature:
- They provide 30-day free trial.
- It is based on an open-source and community platform.
- It provides a permission network.
- The platform of IBM also supports Go and Java programming languages.
3. Tezos
The founder of Tezon is Arthur Breitman and Kathleen Breitman. The purpose of Tezos is to provide safe and correct code for digital assets with high-value cases. Tezos is an open-source blockchain platform people use globally to create a decentralized blockchain network.
Users can use it for peer transactions and can deploy intelligent contact. However, it provides a self-governing blockchain platform, this mechanism makes Tezos different and unique from other blockchain platforms.
Key feature:
- It has its own self-amendment protocol.
- Provide smart contracts and formal verification.
- It provides delegated proof of stake consensus mechanism and chain governance.
4. Corda
Corda is famous for business-oriented open-source blockchain industries. Corda provides the facility to develop interconnected blockchain systems and help transactions to carry out confidentially and safely. Corda is an inventive contract platform that allows firms to deal with one another. Companies can track transaction operations in a shared ledger. Corda is helpful in sectors such as construction, finance, and health.
Key features:
- Come with good security.
- Provide flexibility and agility.
- Allow open design and development processes with an open-source blockchain platform.
5. Ethereum
Ethereum is a leading blockchain platform these days also known as ETH. Users can create new decentralized markets, new financial applications, cryptocurrency wallets, make games, and many more. It aims to nullify the access of third parties who save data for further financial instrument tracking. The community of Ethereum is large and covers core protocol developers, crypto-economic researchers, cypherpunks, and mining organizations.
Key features:
- You can take advantage of rapid deployment with this platform.
- Provide smart contracts functionality and Turing completeness.
- Features of tokenizations are available.
- Its system is proof-to-work-based.
- It supports Python and C++ programming languages.
Read Also: Popular Ethereum Token Standards for Entrepreneurs
6. Multichain
The open-source version of Bitcoin is MultiChain. Multichain is easy to operate and available for customization blockchains for private and open.
Its chosen mix of functionality plus enhancements focuses on enterprise and commercial users. It provides compatibility for local assets and stores more significant amounts of random information.
Key features:
- Provide enormous tracking and verified assets on the blockchain, which is used to achieve safe multi-party and multi-asset transactions.
- Perfect for data sharing, data streaming, timestamping, and encrypted archiving.
- Multichain follows GitHub.
- Supports Python, C, C++, and JavaScript programming languages.
7. EOS
EOS is famous for its blockchain platform and utilizes it to design and develop secure and scalable applications. Its decentralized storage of enterprise helps the user to solve the scalability issues along with Ethereum or Bitcoin.
Key features:
- It comes with better governance and usability.
- It supports multiprocessing.
- This platform delivers, measurability, flexibility, and upgradability to users.
- It provides a permission schema.
8. Hyperledger fabric
This platform is useful for creating applications and solutions with modular architecture. HYperledger fabric provides a membership service and consensus that includes modular and versatile designs which is can utilize for different industrial uses. However, it allows a network of networks. Fabric members use this network to work together on this platform. Hyperledger fabric comes with a scalable and secure platform to support their private transactions and confidential contracts.
Key features:
- It supports solidity and EVM.
- Multi-language intelligent contracts are supportable.
- Provide queryable data and pluggable consensus.
- It is a highly modular platform and has a low latency of finality.
9. Open-chain
Open-chain is an open-source blockchain platform. It manages robust, digital assets in a secure and scalable manner. Every sample of open-chain has a single authority for valid transactions and uses partitioned consensus. Its design is based on client-server architecture, and it causes efficient and reliable. Open-chain blockchains provide direct, accessible, and instant transactions without miner involvement exist.
Key features:
- It comes with a modular design and allows free transactions.
- Highly scalable.
- The gateways develop 2-way pegging.
- Intelligent contracts functionality and a unified API are available.
10. Quorum
Quorum is created to improve and grow in tandem with Ethereum. The consensus mechanism does not employ the proof of work, rather than trusting vote-based and other techniques to execute thousands of operations per second. Quorum is able to manage the bulk of Ethereum changes efficiently. Thus, it only changes the core of Ethereum to a limited extent.
Key features:
- Able to swiftly manage tonnes of Ethereum changes.
- Working is quite efficient.
Conclusion
There are various types of blockchains. People must understand which type of blockchain is suitable for them. Moreover, different platforms support different languages. It is the choice of customers to choose the perfect platform for their selected programming language and a blockchain app development company.
