The use of blockchain technology seems to be gaining steam recently. The technology that emerged in 2009 as bitcoin has become a mainstream technology. Blockchain has applications in various industries, including healthcare supply chain, logistics, etc. Blockchain development applications are designed and developed to make the business process more efficient and transparent as Organizations have started experimenting with blockchain potential by developing blockchain apps. The demand for Top Blockchain Platforms is on the chart. One of the surveys reveals that the global blockchain market size is expected to grow from 3 billion, so we have created a list of some of the best top 10 blockchain platforms.
XDC NETWORK
A ready company-grade hybrid blockchain for finance and global trading XDC network combines the feature of public and private blockchains, and cross-chain XCD is a decentralized and liquid network leveraging interoperability. It powers digitization with instant regulation of trade transactions, increasing efficiency and minimizing dependency on complicated FX infrastructures. The XCD platform got its funding as an initial coin offering in march 2018, raising 14 million. The XCD is a unique digital asset for staking XCD token powering XCD blockchain development network various wallet support XCD like Guarda wallet.
Tezos
Tezos is an open-source, decentralized blockchain network that can perform bank-to-bank transactions and deploy smart contracts. It has a modular architecture and a formal upgrade mechanism that allow its network to facilitate formal verification.
Founded by Arthur Breitman and Kathleen Breitman, Bezos is designed to offer the safety and code correctness needed for digital assets and high-value use cases. It’s an autonomous, decentralized blockchain network. Tezos is a smart contract and d app platform like Ethereum waves neo, but its self-amending cryptographic mechanism makes it different from other platforms.
Hyperledger Fabric
It is proposed as a foundation for building apps or solutions with a modular architecture. It allows components, including membership services and consensus, to be plug and play in Blockchain network. It has various modular and versatile designs that meet different industrial use cases. One of the significant features of hyper ledger fabric is the ennoblement of network members of the fabric network work together. Still, businesses want to keep some of their data to remain private. Within their group, they tend to keep their connections apart from one another.
Stellar
Steller is an open Blockchain network that allows the storing and moving of money. It facilitates you to create trade and send a digital representation of all forms of cash. Over 69 % of the bank are currently experimenting with blockchain technology to make their services transparent, seamless, and secure stellar is one of the most scale and powerful blockchain platforms. It is an open-source network for payment and currencies. If it has anything, it is owned by the public and can handle millions of daily transactions like Ethereum and bitcoin. Stellar uses the blockchain to ensure that nodes are out of sync with one another.
EOS
It is a blockchain platform designed to develop scalably and secure apps. It provides apps hosting intelligent contract capability and decentralized storage of enterprise solutions to solve the scalability issues faced by Ethereum and bitcoin. The eos platform eliminates all user fees and accomplishes consensuses by leveraging multi-threading delegated proof of stakes algorithms. They hay a dedicated community named EOS where developers and investors can discuss
Corda
Corda is an open-source blockchain platform that allows businesses to transact directly and strict privacy with smart contracts. It reduces recording keeping and transaction costs by streamlining business processes. It’s a nimble and adaptable system that can expand to suit the needs of any company. Application build-in Corda card apps are designed and developed to transform business across various sectors, including healthcare, energy insurance, finance and more.
Tron
Tron is a decentralized blockchain platform that aims to develop a decentralized web-like Ethereum Tron allows app developers to create and leverage complete protocols. Smart contracts on the blockchain Tron depends on the delegated proof of stake consensus mechanism to secure the blockchain. A post is similar to the evidence of the stake consensus mechanism, allowing users to earn passive income whenever they stake their holding in a network wallet.
Hedera Hashpraph
The platform is a secure lighting fair and fast requirement application built in Corda card apps designed and developed to transform business across a wide array of sectors, including healthcare, energy insurance, finance and more. A smart contract can be built dynamic just like any other software component as a platform provides an optional mechanism that enables binding arbitration. The smart contract is deployed with a list of the public key of arbitrators.
Conclusion
Forrester predicts that 30 % of the project will make it into production globally in 2022. The number reflects the increasing maturity of blockchain technology and the demand for a more robust blockchain platform.