Permissioned blockchains allow certain identifiable participants to access and perform specific functions on the blockchain network after completing a verification process. They offer an extra level of security over public blockchains through access controls and defining participant roles and identities. Permissioned blockchains are useful for businesses that need to restrict information access and control what participants can do, such as in supply chain networks where different entities only need limited information to perform their roles, rather than seeing all transaction details. Group50 provides consulting services to help businesses implement permissioned blockchain solutions tailored to their needs and industries like supply chain management.

1. Permissioned Blockchain and
Its Advantages
Permissioned Blockchains are considered as an additional blockchain security system that is used
for maintaining the access control layer by enabling the performance of certain identifiable
participants. This is a reason why permission blockchain are different from public and private
blockchain.
In other words, permissioned blockchain is the third category of blockchain which contains a
mixture of public and private blockchain with various customization options. This blockchain
allows anyone to join the permissioned network after accomplishing their verification process
and allocation of particular and designated permission to perform some specific activities on the
network.
Such types of blockchains are specifically created to grant special permission to each participant
to perform a specific function like read, access and write information on the blockchain.
Nowadays, businesses and enterprises are implementing the permission based blockchain
networks through which they can put necessary restrictions while configuring the networks as
well as control the activities of the participants as per their desired roles.
How does it work?
The permissioned blockchain can be designed and accessed in different ways. These types of
blockchain have a basic configuration like blockchain will control the transactions of the
participants and define their roles in which they can participate to access and contribute to the
blockchain. This may also include maintaining the identity of each blockchain participants on the
network. These are called as permission blockchains.
Key benefits of Permissioned Blockchain
 Permissioned blockchain offers an extra level of security over typical blockchain system
such as bitcoin with its access control layer feature
 These blockchains are beneficial for those who need extra security, identity and role
definition within the blockchain
 They are different than other common public blockchains such as Bitcoin and other
cryptocurrencies
Example of Permissioned Blockchain

2. When it comes to the blockchain network used for managing the deals in farm produce products
from its origin (farm) to end-user (customers), the permission blockchain can prove beneficial by
managing the multiple entities involved in the network.
For example, a farmer is cultivating a medical plant and ships it to multiple markets across the
globe. This process includes the involvement of multiple parties such as the country’s customs
department that permit the entrance of the product in the nation, shipping companies who move
the product and warehouse operators who store the product within a specified temperature range.
Now, the farmer can finalize the product price and quantity for selling his produce to different
countries. The other entities like the custom department, shipping company and warehouse
operator don’t need to know about the agreed prices between farmers and his various buyers.
They just require limited information such as quality specifications and quantity. In this scenario,
permission blockchain is beneficial by enabling such restricted implementation and limit the
permission of those participants on the blockchain.
If you also want to implement permission blockchain in your business then Group50 permission-
based blockchain consultants can help you in the best way. At Group50, they have in-depth
knowledge of blockchain and its multiple technology platforms that enable them to assist in its
implementation in different business sectors. They have created a plug and play permission-
based blockchain solution supported by IoT platform and driven by smart contracts. The
blockchain can be used for a number of purposes but Group50 is mainly focused on a few supply
chain use cases including food, aircraft, automotive, healthcare, oil, and gas, etc.
Contact the Group50 experts to receive permission-based blockchain consulting services and
bring your business to the next level.
Visit: group50.com