# Consortium (blockchain) 1. A Consortium Blockchain is a [[Blockchain|blockchain]] where the [[Consensus Mechanism (algorithm)|consensus]] process is controlled by a pre-selected set of [[Node(s)|nodes]]; for example, one might imagine a consortium of 15 financial institutions, each of which operates a node and of which ten must sign every block for the block to be valid. The right to read the blockchain may be public or restricted to the participants. There are also hybrid routes such as the root hashes of the blocks being public together with an [[API]] that allows members of the public to make a limited number of queries and get back [[Cryptography|cryptographic]] proofs of some parts of the blockchain state. These blockchains may be considered “partially [[Decentralized|decentralized]]”. 2. It is a [[blockchain]] ecosystem that is owned by a private entity whose contents are not available to the public. Essentially a [[Private Blockchains|private blockchain]]. 3. A consortium [[blockchain]] is a private network managed by multiple entities, wherein each retains special privileges. Controlling entities typically participate in the consensus process as a transaction validator and have permissions to view certain types of data. Consortium blockchains are a less decentralized digital ledger technology that maintains some benefits of [[Distributed (network)]] systems for use cases like enterprise and government. 5. This may be a blockchain wherever the accord method is controlled by a pre-selected set of [[Node(s)|nodes]]; for instance, one may think a pool of fifteen monetary establishments, every of that operates a node and of that 10 should sign each block for the [[Block(s)|block]] to be valid. The correct to browse the blockchain is also public or restricted to the participants. There are hybrid routes cherish the basis hashes of the blocks being public beside associate degree [[API]] that enables members of the general public to create a restricted variety of queries and obtain back cryptanalytic proofs of some components of the [[Blockchain|blockchain]] state. These blockchains are also thought of as “partially [[Decentralized|decentralized]]”. 4. A [[Private Blockchains]] network run by a company or a group of companies. Consortium chains deal with information that would not be appropriate for public release but still needs to be immutably communicated between two parties. 6. Consortium refers to the [[private blockchain]] network operated by a company or a group of agencies. Consortium chains generally management information that is not fit for public release albeit needs to be communicated immutably between two concerned parties.