R3's Corda and Hyperledger Fabric are the other enterprise solutions that have gained popularity. Let us now understand the various features that make enterprise Ethereum the most powerful and versatile blockchain for business.

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Enterprise Ethereum :How it Differs from DLT?
You might have come across the concept of enterprise blockchain projects as it is
now gaining more popularity each day. Numerous companies are collaborating
with these business networks for streamlining shared business processes such as
tracing real-world goods, managing data, and tracking transactions
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Understanding Enterprise Ethereum ?
Ethereum, as most of us would already know, is a public blockchain that allows us
to write codes to control money and build applications that are accessible from
anywhere in the world. It is a public blockchain which allows application
developers to pay using Ether (Ethereum's cryptocurrency) for services availed on
the Ethereum blockchain.
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An enterprise Ethereum is one where the Ethereum codebase is used by
enterprises across the world to form business blockchain networks. While there is
no single product called "Enterprise Ethereum," the term refers holistically to
blockchains that are developed using modified Ethereum clients like Quorum and
Pantheon. These address the specific needs of the enterprise, such as increased
performance, scalability, and privacy, along with permissions and governance
controls.
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Another significant fact to note here is that enterprise Ethereum networks will not
face the same privacy or scaling constraints as the public Ethereum. As the
network size of enterprise Ethereum networks is smaller and the block sizes and
the gas limits can be adjusted, it is possible to scale more transactions per second
like other distributed ledger technologies (DLT).
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Reasons for Ethereum Being More Than a DLT
R3's Corda and Hyperledger Fabric are the other enterprise solutions that have
gained popularity. Let us now understand the various features that make
enterprise Ethereum the most powerful and versatile blockchain for business.
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1. Enterprise Ethereum Can Access the Public Ethereum, the Most
Developed and Secure Blockchain Platform in the World
Enterprise Ethereum is faster due to increased participation. This is not the
case with distributed ledger solutions. Right from 2015, many people have
purchased millions of dollars of Ether on the public Ethereum.
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Many developers have built more than 2,000 decentralized applications on
Ethereum. This is what makes Ethreum's public network the most advanced
and tested blockchain platform in the world.
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So, how does enterprise Ethereum benefit by developing on the public mainnet?
Building on Ethereum will help enterprise solutions quickly adopt updates to
Ethereum and benefit from the innovation of the ecosystem. It offers them an
active and vast high-value public blockchain and all the elements of its ecosystem.
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2. Enterprise Ethereum Can Be Rapidly Deployed and has the Lowest Cost
Business Model
The open-source and flexible codebase of Ethereum helps enterprise Ethereum
have a low-cost business model as it eradicates dependence on a single large
solutions provider whose business model focuses on upselling and feeding on
deep dependencies cloud and consulting services.
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Private, permission Ethereum networks can be set up within weeks when
compared to other solutions that are difficult to maintain. New business solutions
are constantly launching like Kaleido's blockchain business cloud, which is an
example of a SaaS platform to build and run enterprise blockchain solutions.
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3. It Offers the Largest Enterprise Ecosystem
Ethereum is the most active technical blockchain community across the globe,
with more than 2,000 decentralized applications and more than 300K
infrastructure experts and developers. The enterprise and consumer arenas of
Ethereum are developing standards to guide regulation and promote
interoperability for the future success of the blockchain.
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4. Enterprise Ethereum Helps Future-Proof Companies
Future-proofing is the concept of protecting companies against obsolescence. For
enterprise Ethereum solutions, future-proofing can be applied to three things,
namely your company's data, your company, and Ethereum itself. Future-proofing
can also mean the actual functioning of a blockchain. A blockchain helps keep
data safe, immutable, and future-proofed. Decision-makers may even define
future-proofing as mitigating risk to ensure prolonged success for their businesses.
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Conclusion
I hope you have now understood the aspects in which an Enterprise Ethereum can
be considered to be more than a distributed ledger technology. To become an
Ethereum expert and get instant updates about blockchain certifications, check out
Blockchain Council.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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hello@blockchain-council.org
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