Build Quorum
Build Quorum is an open source blockchain platform designed for private and consortium networks to enable confidential transactions between known parties. It is based on the Ethereum codebase and provides data privacy, voting systems, and enhanced permissioning.
blockchain
ethereum
consortium
private-networks
confidential-transactions
Build Quorum: Open Source Blockchain Platform
Build Quorum is an open source blockchain platform designed for private and consortium networks to enable confidential transactions between known parties. It is based on the Ethereum codebase and provides data privacy, voting systems, and enhanced permissioning.
What is Build Quorum?
Build Quorum is an open source blockchain platform optimized for enterprise use. It is based on Ethereum's permissioned implementation, providing data privacy, voting-based consensus mechanisms, and customizable permissioning schemes suitable for financial enterprises and regulated industries that require strict permissions management.
Key features of Build Quorum include:
- Transaction Privacy - Private and confidential transactions between specific network participants through private state and private contracts
- New Consensus Models - Alternative consensus mechanisms like majority voting and proof-of-authority avoid energy-intensive proof-of-work
- Enhanced Permissioning - Fine grained controls over access and participation at both network and transaction levels
- Robust Security - Leverages cryptography and privacy-enhancing technologies like zero-knowledge proofs to ensure data confidentiality
- Interoperability - Supports cross-chain interactions and atomic transfers of value between public Ethereum and private Quorum networks
- Regulator Integration - Built-in support for coordination and communication with external regulators and independent auditors as required
Build Quorum is ideal for applications in finance, supply chains, and enterprise settings where confidentiality of transactions and strict access controls are business critical. It enables innovation on top of a robust, modular, and customizable blockchain platform.
Build Quorum Features
Features
- Private/consortium blockchain
- Confidential transactions
- Voting systems
- Permissioned access
Pricing
- Open Source
Pros
High transaction speed
Enhanced privacy
Lower costs than public blockchains
Open source codebase
Cons
Limited decentralization
Less tested than public chains
Requires some technical expertise
Official Links
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