Consortium Network (Federated Blockchain)
Also known as: Federated Blockchain Network, Private Consortium Chain, Collaborative Blockchain
A collaborative blockchain network governed by multiple organizations with shared control over validation and governance.
A consortium network, also known as a federated blockchain, is a permissioned blockchain infrastructure operated by a group of institutions that share control over its governance and consensus. Each member typically runs a validating node and collectively makes decisions regarding network upgrades, policies, and participant access. Unlike fully public or private chains, consortium networks balance decentralization with trust, making them ideal for multi-stakeholder applications in finance, trade, and regulation. These networks are designed for transparency among participants while maintaining privacy and operational efficiency.