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According to blockchain experts , a private blockchain network facilitates permissioned auditors, regulators, and payment processors to access real-time transactions. Had PNB bank implemented a private blockchain solution undefined to reconcile its SWIFT payments then such a fraud would not have…

BigchainDB is like a digital database with a few blockchain characteristics and features. It has blockchain properties like decentralization, immutability and owner-controlled assets, and database characteristics like fast transactions, low-latency, and queryable data.