Blockchain technology is a distributed and immutable digital ledger with various cryptocurrencies and applications beyond financial transactions. It operates on a set of computers called nodes; each node has a copy of the entire catalog. Data is fetched from the nearest nodes if any node is not working. Each block contains a unique cryptographic hash for their working with the system. These small system blocks are linked to create a blockchain. These blockchains are adopted by online cloud-based platforms, making it easier to build projects based on blockchain technologies.
1. Ethereum
Ethereum is a public blockchain that is known for its smart contracts. Smart contracts are self-executing contracts used for various tasks, and this platform is well-suited for businesses looking for decentralization and proof ledgers such as decentralized Finance and NFTs. It is a good choice for people looking to explore the potential of blockchain technology.
2. Amazon Managed Blockchain
Amazon Managed Blockchain provides a service that makes building, managing, and scaling blockchain networks easy using a popular open-source framework like Ethereum, a Hyper ledger fabric for blockchains. It offers scalability to a small project and more flexibility for the developers to be more efficient in production.
3. Binance Smart Chain
Binance Smart Chain is a platform built on the Binance chain. It supports smart contracts that offer lower transaction fees and faster transaction speed. This platform is well suited for projects that need high throughput and scalability, such as decentralized exchange and DeFi applications. It reduces the complexity of the production process by providing solid infrastructures.
4. Microsoft Azure Blockchain
Microsoft Azure Blockchain service manages blockchain that allows you to build, manage, and deploy blockchain projects without worrying about the infrastructure. It supports a variety of open-source frameworks, including Ethereum and Corda. Azure blockchain services are a good choice for businesses that will scale and build a secure blockchain platform.
5. Google Cloud Platform
Google Cloud Platform manages blockchain service that makes it easy to maintain and develop your blockchain application on Google Cloud Platform. It supports a variety of frameworks like Hyper ledger fabric, Corda, etc. It is a reliable option for businesses to deploy blockchain applications on the platform. It supports a lot of frameworks with a flexible pricing model.
6. IBM Blockchain Platform
IBM blockchain platform is a mature offering that uses multiple enterprises at a large scale. I help you to create and configure your platform, deploy, etc., making it a good choice for complex blockchain deployments. It also supports a wide range of integration to secure open-source frameworks for blockchain, like Ethereum and Corda.
7. Hyperledger Fabric
Hyperledger Fabric is an open-source framework plat forms teeth designed for business use. It is a new service that works on an agreement mechanism called Raft. This platform is a perfect choice for high-level production that need scalability and flexibility in their development process.
8. R3 Corda
It is a blockchain platform designed for business production. It works on its blockchain mechanism called Byzantine fault tolerance. Corda is well-suited for the project requiring high security, privacy, and scalability. It is mainly used in the infrastructure of transaction applications, its high efficiency, and performance.
9. Solana
Solana is a blockchain platform that is one of the most reliable, efficient, and budget-friendly. Its fast and scalable infrastructure helps us to process up to 50,000 transactions per second. Solana platform is helping to switch users to the blockchain with pocket-friendly schemes. This platform is used to host NFT collections.
10. Tezos
Tezos is another platform like Solana used to build blockchain applications efficiently and precisely. Tezos can modify itself depending on the needs of the company and the user. Now, NFT collections are becoming popular, so Tezos is offering to host NFT collections with smaller transaction fees. The project on Tezos is easily handled and upgraded compared to other platforms.
