Distributed ledger technology (DLT) is a game-changing innovation that is transforming transactions, securities, provenance, tracking, transparency, and the list goes on. As businesses move to take advantage of the benefits DLT offers, the question becomes which type of DLT is right for your business needs-public or private? There are many similarities between public and private distributed ledgers, and there are some substantial differences.
Data Gumbo is a Texas-based blockchain platform that offers automated contract execution solutions for industries including construction and manufacturing.