Cravath Publishes “Tech Explainer” on Permissioned Blockchains

In April 2024, Cravath continued its “Tech Explainers” series, which introduces and explains technical, cutting‑edge concepts and describes their importance in a way that is accessible to and easily understood by business and legal professionals outside the technical community.

The new installment in the series examines the use of blockchains by private enterprise as an alternative to centralized databases. The article explores how the features of permissioned blockchains differ from permissionless blockchains, the problem permissioned blockchains can solve and how permissioned blockchains operate.

Please click here to read the full article.