What is Multichain Blockchain?

Multichain technology enables users to establish private blockchains that can be used within an enterprise to facilitate financial transactions. A fully functional Multichain network can process up to 1,000 transactions per second. It gives developers a simple API and command-line interface to help them set up and maintain the chain. Talk to our blockchain experts to see if this blockchain is right for your blockchain project.

Why Choose Multichain for your Blockchain Project

Components of Multichain Blockchain

Multichain is an open-source blockchain platform that allows you to construct and deploy It allows components, such as bridging, SMPC nodes, and liquidity pools to develop more efficient blockchain products. Take a look at the primary components that a Multichain network has.

Private Blockchains

Private Blockchains

Multichain finds the solution to mining, privacy, and openness via integrated management of user permissions.

Mining

Mining

Multichain enforces the round­-robin schedule, this means that to generate a valid blockchain, permitted miners must create blocks in rotation.

Multiple Configurable Blockchains

Multiple Configurable Blockchains

The ease of configuration and the compatibility with different blockchains makes Multichain beneficial for institutional users.

Components of Multichain Blockchain
Bridging

Bridging

Multichain uses a standard crypto pegging mechanism for some coins for transferring across chains.

Liquidity Pools

Liquidity Pools

In the event that tokens exist in their native forms on multiple blockchains swapping your coins is an alternative to bridging your assets.

SMPC Nodes

SMPC Nodes

Multichain is secured by a network of nodes called Secure Multi-Party Computation. These nodes are independent entities that sign transactions collectively.

Benefits of Multichain Blockchain

MultiChain technology enables users to establish Private Blockchains that can be used within an enterprise to facilitate financial transactions. See what benefits it offers to make it suitable for developing your blockchain project.

Unconstrained Assets

Unconstrained Assets

On a blockchain-based ledger, it lets users to approve and verify a huge number of assets. Multichain also allows you to conduct multi-asset and multi-party transactions.

Permissions

Permissions

At the enterprise level, Multichain provides a permissioned environment for users to connect. They have the ability to make transactions, as well as produce assets, blocks, and data streams.

Data Streams

Data Streams

Data sharing, archiving, data encryption, and timestamping are all supported by Multichain. You may also make an unlimited number of data streams and time series with numerous key values.

Speed & Efficiency

Speed & Efficiency

Multichain provides a lightning-fast development procedure that allows users to instantly create new blockchains and run a permissioned network.

Flexible Security

Flexible Security

Multisignatures, external private keys, cold nodes, and admin by consensus are all supported.

Customizable

Customizable

Proof-of-work is optional, and you have complete control over every aspect of the blockchain.

Why Choose Multichain for Blockchain Development?

We have curated few parameters for you to match with your Blockchain project development, See if Multichain is the right choice for your project.

Parameters

Public

Private

Consortium

Anonymous

Speed

Avg Gas fee

Interoperable

Native Token Support

Value

No

Yes

Yes

Yes

2000-2500 TPS

Depends on Project

Yes

No

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Use Cases of Multichain Blockchain

MultiChain enables enterprises to quickly design and deploy blockchain applications. On the platform, numerous applications have already been developed. Look at all the business opportunities it can bring to enhance innovation and efficiency.

Healthcare

Healthcare

Tackle issues of trust, transparency and data integrity with blockchain-based networks and solutions.

Supply Chain

Supply Chain

Blockchain for supply chain solutions help supply chain leaders use data to handle the disruptions of today and build resiliency for the future.

Trade Finance

Trade Finance

Reinvent trade and trade finance with our network-convening expertise and the industry’s leading platform.

Financial Services

Financial Services

Build greater trust for all, and bring new transparency, simplicity and efficiency to every financial transaction.

Government

Government

Save budget with new automations, more securely share data, and discover insights from data already being gathered.

Entertainment

Entertainment

Blockchain is transforming online ad buying, online ticketing, rights management and much more.

FAQs

Here are answers to some questions about Multichain that our clients frequently ask. Drop us a word if the answers to your concerns or doubts aren't listed here. We'll get to you within 24 hours.