What is Hybrid Blockchain ?
A hybrid blockchain is a combination of both private and public blockchains, providing better transparency, data security, and privacy. Since it is open and accessible to the public, the blockchain validates transaction data by using a blockchain consensus mechanism. Then, the data is stored in a private blockchain that can be accessed by users with permission. Business organizations could have better control over what they need to achieve instead of changing their plans due to technological limitations. Ideally, a hybrid blockchain means controlled access and autonomy at the same time. Hybrid blockchain architecture is entirely customizable so that the hybrid blockchain members can decide who can join the blockchain or which transactions should be made public. Functions of hybrid blockchain technology -: Increased security : Hybrid blockchain offers increased security as it combines the best features of both public and private blockchains. The private blockchain layer ensures that