Blockchain Database Solution

Blockchain Database Characteristics

Businesses are searching for better data systems that are secure, transparent and scalable and a new player is emerging in the form of blockchain database solution. This paper explores how traditional databases can be enhanced with blockchain technology to create a new generation of data storage and access solutions.

BigchainDB is one of the leading platforms in this space and it is a next generation blockchain database solution that offers high performance, decentralized control and immutable records.

Here are some of the important features of BigchainDB and other blockchain databases that are relevant to enterprise and innovative use cases.

High Throughput & Low Latency

The main problem with traditional blockchains is that they are very slow to process transactions. BigchainDB achieves this by starting with a high performance distributed database and adding blockchain features on top. This blockchain database solution can handle thousands of transactions per second and consensus is reached in less than a second, suitable for real time applications and global systems.

Powerful Query Functionality

BigchainDB is a blockchain database solution that supports built in MongoDB query capabilities to allow users to search for assets, transactions, metadata and blocks. This blockchain database solution is not like conventional blockchains with rigid structures and allows developers and analysts to gain insights quickly and efficiently.

Decentralized Control

BigchainDB is a blockchain database solution that supports decentralized governance through a voting nodes federation. There is no central control or single point of failure, the network is therefore more secure and resistant to manipulation.

Immutable Data Storage

Any reliable blockchain database solution will have immutability as its core. In BigchainDB, once data is written it cannot be altered or deleted. This makes it suitable for regulatory compliance, tamper proof records and secure transaction logs.

Native Support for Multi-Assets

BigchainDB enables you to create and manage different digital assets with ease. Unlike traditional blockchains that revolve around a native token, this solution enables you to define and issue custom currencies or tokens without having to be tied to a built in cryptocurrency.

Byzantine Fault Tolerance (BFT)

This blockchain database solution is designed to withstand faulty or malicious nodes. BigchainDB is a Byzantine Fault Tolerant consensus algorithm which means that even if up to one third of the network has issues, BigchainDB is still functional and secure.

Customizable and Flexible

BigchainDB is not a one size fits all tool. It is a flexible blockchain database solution which can be used for private or public deployments, custom assets, adjustable permission levels and varying degrees of transparency. You can modify the network to meet your organization’s specific business or industry requirements.

Rich Permissioning

You can set up fine grained permissions at the transaction level to control who can access the data and only allow authorised users to access it. This is especially important for enterprise environments where security and compliance are non negotiable.

Open Source and Community Powered

BigchainDB is open source, giving developers the freedom to innovate, adapt and extend the platform. This community first approach ensures that the blockchain database solution is robust, relevant and ready for the future challenges.

Public or Private Network Options

BigchainDB allows you to select between public networks for open transparency or private networks for internal data protection. This versatility makes it suitable for everything from supply chains to healthcare, government, and fintech.

Why BigchainDB Is a Standout Blockchain Database Solution

BigchainDB does not try to jam blockchain features into existing systems, it flips the script. It starts with a scalable, distributed big data database and adds blockchain specific features such as decentralized control, immutability and asset transfers.

This makes it a practical, high performance blockchain database solution ready for real world use.

Our Blockchain Expertise

At HostingB2B, our team of experienced blockchain developers can assist you with planning, deployment and management of your blockchain database solution. From the first consultation to the full system integration, we will ensure that your database is secure, compliant and aligned with your operational objectives.

Conclusion

Blockchain database solutions including BigchainDB drive forward the demand for reliable data systems that are transparent and secure. The time has arrived to move past conventional databases because BigchainDB and its blockchain database solutions offer low-latency functionality combined with rich query abilities and asset support and decentralized control.

A blockchain-powered database has the potential to become your path to success if you develop a fintech application or create a tokenized asset platform or enhance your internal infrastructure.

Your data infrastructure needs blockchain exploration because you are ready to start.

A blockchain database solution provides scalable power through its implementation.

Contact our experts to discover BigchainDB solutions for transforming your data management approach.