What's Quorum?steemCreated with Sketch.

in #upvote4upvote • 7 years ago

Created by JPMorgan, Quorum is, in fact, a fork of the Ethereum public blockchain, which uses a voting-based consensus algorithm to facilitate an enterprise-focused distributed ledger and smart contract platform. Data privacy is achieved within the network by allowing data visibility on a need-to-know basis. The platform is designed to support "both transaction-level privacy and network-wide transparency" (jpmorgan.com). The network validates all smart contracts and overall system state through the involvement of all running nodes. As with other permissioned ledgers, regulatory compliance is front and center in the Quorum platform.

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