MultiChain vs BigchainDB: What are the differences?
What is MultiChain? Open platform for blockchain applications. It is a platform that helps users to establish a certain private Blockchains that can be used by the organizations for financial transactions.
What is BigchainDB? A database with blockchain characteristics. It is designed to merge the best of two worlds: the “traditional” distributed database world and the “traditional” blockchain world. With high throughput, low latency, powerful query functionality, decentralized control, immutable data storage and built-in asset support.
MultiChain and BigchainDB can be categorized as "Blockchain" tools.
Some of the features offered by MultiChain are:
- Smart contracts are not needed
- Flexible asset metadata
- Permissioned follow-on issuance
On the other hand, BigchainDB provides the following key features:
- Native Support of Multiassets