Steemit Crypto Academy | Season 2: Blockchain and Platforms by @alphafx | Homework Done By@preshdan

Am glad and really appreciate you professor @alphafx for such an explicit lecture offered on Blockchain Platform season 2.

>Task:
Give a detailed comparison between two blockchain platforms of your choice.

First lets take a little look at what blockchain platform is. Blockchain which is also known as Distributed Ledger Technology (DLT), causes the history of any digital asset incapable of changing or being altered and diaphanous through by means of decentralization and cryptographic checksum. It is a database that stocks blocks of data concealed by means of a code or cipher blocks of data then collectively chains them to create a single-source-of-truth for the data in order of time from the earliest to the latest. Naturally, the part or consequence of Blockchain's security measures and public ledger make it a principal technology for nearly each lone sector. Blockchain is particularly a technology that is likely to develop in a desirable fashion and revolutionary too due to it's assistance in risk reduction, ability to override fraud and supply transparency in a up-growing way for multifaceted uses.

Comparing IBM Blockchain & Ethereum Blockchain

The significant variation is Ethereum is a token that is based on block chain framework in order to build public dApps, while IBM being an open block chain is a secluded or private block chain framework that is used for building Enterprise block chain applications.

IBM possess a modular architecture and which makes available a lot of pliability in terms of what is needed and what is not. It is aimed at businesses longing to simplify or organize their process by exploiting blockchain technology, where as Ethereum is patterned for looking forward to applications which are divided into portions and dispensed in nature and are for bulk consumption.

Since Ethereum has its own cryptocurrency which is ether, it can be of more advantage over IBM in the case use which may require a cryptocurrency.

This is my entry @alphafx, thanks for reading through.