Permissioned Networks

Permissioned networks are private digital systems where only selected participants can join and interact. Unlike public blockchains like Bitcoin, these networks restrict access to approved members, which helps ensure privacy, control, and faster transaction speeds. They are often used by businesses or organizations that want to collaborate securely without exposing sensitive data to the public. Essentially, permissioned networks balance transparency and efficiency, allowing trusted entities to work together while maintaining oversight and confidentiality.