Most enterprise blockchains are run by a consortium or private entity and are permissioned. As such, you need to define a governance structure in these enterprise blockchains. By defining this structure, you ensure which participants can view, query, or update the blockchain and how they can do it. The predefined rules of governance establish a consensus process that is controlled by a group of preselected nodes. For example, the structure includes the types of participants, their role and permissions, and the number of participants that are required to sign a block in order for it to be valid. The latter rule, for instance, can state that 2/3 of all participants need to sign a block.
While the technology behind blockchain ...
