Permissioned blockchain frameworks today, such as Hyperledger Fabric or R3’s Corda, rely on moderation, matching, and ordering performed by custom-built and deployed consensus engines, such as Kafka or Raft. These services are prone to network outage, at risk of collusion by a small number of parties, and subject to the cost models of centralized infrastructure providers.
HCS combines the trust of Hedera’s public network, with the privacy of permissioned blockchain frameworks. It enables verifiable timestamps, decentralized ordering, and privacy for sensitive information, for enterprise applications and consortiums.