Need for private ethereumblockchains Development
It is known that businesses have sensitive information which they don't like to discuss with an outsider. Sometimes, the public blockchain network interrupts with their functioning and hence they have started opting for creating their own blockchain network where they have permission to add or subtract any member from the network.
There is a lack of scalability in transactions which has been found in the public blockchain networks. This is because most of the blockchain networks still rely on the POW algorithm which takes work from the miners and increases the complexity of the project as a whole. This leads to lack of scalability and overall a reduced throughput is seen with them. Hence, creating a private blockchain network does wonder for the people trying their luck in business.