In fact, the consortium blockchain is suitable for organizations that need the features of both public and private blockchains. This blockchain improves operational flow and communication between members and is cost-effective for organizations. Any organization can launch this network according to its goals and industry. Although organizations are free to set standards and conditions, consulting a professional can be a more professional decision.

Hybrid Blockchain
Hybrid blockchain is one of the types of blockchain networks and is among the technologies that have uniquely changed the world and revolutionized the blockchain industry. This technology helps businesses and organizations to better manage their workflows and improve their systems with better solutions. It is also impossible to tamper with data or hack the system in this type of blockchain.
In fact, a hybrid or hybrid blockchain is best defined as a blockchain that attempts to leverage the best parts of both private and public blockchain solutions. In an ideal world, a hybrid blockchain would mean controlled access and freedom at the same time.
The characteristics of a hybrid blockchain architecture are that it is not accessible to everyone, but it still offers blockchain features such as integrity, transparency, and security.
The hybrid blockchain architecture is fully customizable. Members of a hybrid blockchain can decide who is allowed to contribute to the blockchain or which transactions are made public. This technology brings the best of both networks and ensures that a company can collaborate with its stakeholders in the best possible way.
How do users behave in a hybrid blockchain?
Once a user is granted access to the hybrid blockchain platform, they can fully participate in blockchain activities. He has the same rights to make transactions, view them or even add or modify the transaction. However, what is kept secret will be the user identity of the other participants, which is done to protect the user’s privacy. When a user makes a transaction with another user, only his identity is revealed by the party with whom he makes the transaction. In order to ensure that the above identification process is carried out correctly, companies and organizations carry out [KYC] to implement it. Financial institutions in particular need to manage this process properly because they cannot allow a transaction to be made by a user who is not fully known to the blockchain.