Enterprise Blockchain

Definition ∞ Enterprise Blockchain is a distributed ledger technology designed for use within organizations and business consortia. Unlike public blockchains, these systems often feature permissioned access, enhanced privacy controls, and tailored functionalities to meet specific business requirements. They facilitate secure record-keeping, supply chain management, and inter-organizational data sharing.
Context ∞ Discussions surrounding Enterprise Blockchain often involve its adoption for streamlining business processes, improving traceability in supply chains, and enabling secure data exchange among partners. Key debates revolve around interoperability between different enterprise blockchain solutions and their integration with existing legacy systems. The focus is increasingly on demonstrating tangible return on investment and addressing scalability concerns for large-scale deployments.