What are some examples of a private blockchain?

Another perfect example of a private blockchain is the Hyperledger Fabric of the Linux Foundation. Any company can develop its own private blockchain system and customize its functions to suit its needs. Other companies with a functional private blockchain include Corda, IBM, Amazon, and Microsoft amongst others.

What is the difference between public and private blockchains?

Public blockchains allow anyone to access them; private blockchains are closed to only selected users; permissioned blockchains are a hybrid of public and private blockchains where anyone can access them as long as they have permission from the administrators to do so.

Why should you invest in private blockchain?

Trust: Users on the private network are not anonymous this increases the level of trust in the private blockchain. Private Blockchain is best suited for applications where it required the truth that a company can achieve data privacy and control over data sharing.