Why Your Business Needs a Public Blockchain Network

  • By Yash Joshi
  • 29-07-2025
  • Blockchain
public blockchain network

Over the last ten years, technology has transformed businesses virtually in every aspect. New challenges and opportunities arise every year. Interaction with clients and the way businesses store information have been simplified.

One of the most disruptive advancements driving national and international businesses is the public blockchain network technology. Most of you must have come across the term blockchain due to its popularity in digital currencies. However, the changes that public blockchain networks have brought in fetching trust, data management, and operations for businesses is immense.

Every business should note that public blockchain networks have the potential to effect a tremendous change in the way business is done. In this post, you will find the necessary information on public blockchains, covering every aspect to change how you operate for the better.

We would also discuss addressing common concerns regarding the implementation and paying practical importance, guiding every American business to take the initial step. Embracing public blockchains is a must for every business, public or private, now and shortly.

What is a Public Blockchain Network?

Public blockchains are distributed ledgers that are open to the public, meaning anyone can view them, transact, and participate in any associated activities. No individual, government body, or organization has ownership or management over it.

Instead, it is maintained by thousands, or even millions, of computers referred to as nodes. Every single public transaction or update is visible to all the network participants. Blocks store the information, and are linked in such a way to make the data permanent and immutable unless the majority of the network reaches a consensus.

This is termed “permissionless” since there is no need to apply for an account and submit data. Well-known public blockchains include Bitcoin, Ethereum, and Solana; however, there are hundreds more nowadays, each serving a distinct purpose. Public blockchains provide services for sending money, transferring assets, or maintaining immutable records, storing transaction data. Public blockchains provide maximum trust and honesty as they allow all users to verify activities.

How Does a Public Blockchain Work?

The process employed in a public blockchain begins when a particular user intends to make a transaction such as paying, updating information, or executing a signed contract. The transaction is submitted to the network for all the connected computers or nodes to see.

The network made those agreements. In Bitcoin, for example, there is a “consensus protocol” known as “proof of work”, which requires computers to perform a certain process to validate the transaction. The transaction is then processed, and “enough” computers concur, alongside several others. All are utilizing the combustion of transactions.

The record in chronological order is connected to the others to form “blocks”. The stored data is then attached to the others in chronological order, forming a safe chain.

To change the information saved in these new blocks that form serial data is extremely difficult. All private computers have the data set in order. Thus, when computers are hacked or tampered with, the record is safe with other nodes.

Key Benefits of Public Blockchain for Business

  • Decentralization: Authority Without a Central Failure Nexus

One of the most important innovations of public blockchains is their decentralization. Businesses have always relied on a single point of authority to issue commands, approve transactions, and protect information. If that focal point ceases to function (hacking, tech failure, or even lying), the whole system could either break down or get compromised.

With public blockchains, responsibility and authority are shared by all members of the network equally. There is no singular company or government, or individual to take charge. This mitigates the risks taken by fraud, manipulation, or singularity drastically. The system becomes more resilient and reliable.

For companies, this poses the possibility of interacting with their partners, customers and suppliers from any part of the globe without concerns on who governs the rules or the data. Actions taken are through agreement, not edicts and information is not held by any one party.

  • Transparency: Open Opus for Everyone

Public blockchains offer trust and transparency as one of their advantages. On blockchains, every transaction, modification, and update is recorded for everyone to see and access at their leisure.

As far as businesses are concerned, public blockchains enable their customers, external auditors, and even regulators to verify actions independently. If a firm states its supply chain is sustainable, it can be verified through blockchain records. This approach is known as “open book” and is meant to reduce disputes and bolster trust.

Transparency hinders commission of mistakes, fraud, and corruption, and when everyone knows they are accountable for a public record, they are more likely to act honestly. This is especially true in finance, shipping, and healthcare, which enables businesses to prove compliance and win over skeptical partners.

  • Immutability and Security: A Digital Fort Knox

Immutability describes the characteristic whereby data recorded on a public blockchain cannot be deleted, altered, or concealed. This is protected by strong cryptographic measures and the consensus protocol of the network.

Businesses, on the other hand, appreciate blockchain's immutability feature due to its advantages. It is like having every signed contract, every shipment, and every monetary transaction safely stored in a vault that cannot be accessed or altered. In case a business conflict arises months or even years later, the entity can easily access the original, verified blockchain record.

These cryptographic keys are unique to each individual within public blockchains and are required to approve actions. Security is another public blockchains core pillar. In contrast to traditional databases which hoard data in one location making them prone to hacking or insider attacks, blockchains diversify their data over thousands of computers around the world.

  • Trustless Transactions: How to Trade With Strangers

Trustless transactions are the foundation of public blockchains. In business transactions, partners often require the services of a bank, notary, or escrow agents for trust verification. In addition to the trust verification process, these middlemen bring additional paperwork, costs, and delays.

Public blockchains are trustless because the software code and the consensus rule enforce honesty. Transactions are executed automatically based on the business logic, and conditions are agreed upon before execution. In this manner, a stranger can do business confidently.

Take, for example, a Japanese supplier shipping goods to a German customer. Payment is released instantaneously once delivery is confirmed. No escrow services are required, and no one needs to enforce, and no one needs to make a deal. Trustless transactions are a self-contained plus technology that speeds up business while saving time and money.

  • Global Inclusion and Access: Enabling Every Individual

Most business networks are closed and exclusive: one has to be invited, approved, or pay significant fees to join, which isn’t the case for public blockchains.

With public blockchains, anyone with internet access can participate, trade, build solutions, and access new markets. This kind of open access and participation aids all businesses, regardless of size, to level the playing field. From Sonepat and Faridabad, you can be a small startup, and from the United States, a large manufacturer, you can access blockchain-based products and services globally.

In business, the concept of ‘global access’ means finding new customers, suppliers and partners. These mentioned functions can be done globally without being bogged down with lots of paperwork. This becomes particularly useful for developing economies and businesses seeking to expand internationally, which makes the public blockchains so essential.

Real-World Use Cases

More companies are discovering innovative methods to leverage public blockchains. Below are some of the most notable and impactful use cases.

Supply Chain Management

Supply chains are multi-faceted and global. They are plagued by a lack of visibility, and products often change hands multiple times before the end customer. Validation of a product’s provenance and its journey throughout the supply chain is challenging.

Public blockchains can solve these issues. Businesses can ensure that every transaction is recorded and verified by all stakeholders throughout the product’s journey from raw material supplier to final sale. A food company can, for example, track the journey of produce from farm to table, verifying the conditions under which it was grown and the processes it underwent throughout the entire value chain.

The visibility provided by public blockchains enhances efficiency tremendously. Businesses can instantly identify and trace defective products or ingredients within seconds. There is improved customer confidence, and it’s increasingly difficult to perpetrate fraud or counterfeiting.

Digital Payments and International Transfers

Traditional banking systems make moving money within or between countries very difficult due to excessive delays and high costs. There is always some level of bureaucracy involved, and even countries that have a limited amount of trust in each other’s banking systems tend to make the process even more cumbersome.

Using public blockchains like Bitcoin and Ethereum, or other cryptocurrencies, payments can now be made digitally, linking payments to time and cost. Payments that used to take hours or even days can now be done within minutes. Businesses can also pay their suppliers, partners or employees in an instant making payments effortless.

Let's say a tech company in Canada hires a freelance designer in the Philippines. Paying the designer can now be done directly with the click of a button, reducing the risk of local currency fluctuations and removing the need for expensive intermediaries. Public blockchains can conduct costless transfers, making global financial inclusion a reality.

Smart Contracts: Self-operating, Trustworthy Contracts

A smart contract is an agreement that is composed of a set of rules that is programmed into lines of code and stored on a blockchain. The agreement self-enforces upon reaching the contractual milestones, thus eliminating the need for lawyers, paperwork, or any form of manual delay.

Smart contracts are adopted in business to automate processes of payment release on delivery and automate compliance with the law. For instance, a logistics firm can implement a contract that triggers payment release upon confirmation of delivery by both the carrier and the customer. If either of the parties disputes the delivery, the blockchain record offers irrefutable evidence.

Smart contracts eliminate disputes in delivery, which results in a huge reduction in business costs. Increased trust and efficiency result in a reduction of errors and business processes that need to be manual. Companies can scale up, experiment with new business models, and be more customer-centric.

Decentralized Finance (DeFi): Open Financial Services

With DeFi, you can access services such as loans, insurances, and trading as it eliminates third-party institutions and banks by utilizing public blockchains.

Unlike traditional financing, DeFi offers businesses, both micro and macro, greater access and more flexibility as it can be accessed anytime and anywhere. Loans can not only be accessed at the click of a button, but also collateralized within minutes utilizing cryptocurrencies or tokenized assets.

Traditional financing often proves too expensive and exclusive, thus inhibiting competition. DeFi aids in removing such barriers by providing open access to public blockchains, granting endless opportunities for companies to innovate and compete.

Tokenization and Digital Assets

The emergence of public blockchains enables the creation of digital tokens that represent real-world assets such as property, inventory, or shares in a company. These tokens have the advantage of being traded around the world in a secure, instantaneous, and trustless manner.

Businesses, for example, can raise funds through the issuance of digital shares on a blockchain. Furthermore, assets such as real estate, art, or machinery can be sold or rented using tokens, unlocking liquidity and enabling flexible new business models that have heretofore been impossible.

In comparison to traditional methods, digital assets make the ownership, sharing, and value transfer processes more streamlined and efficient. Companies can interface with potential investors, business partners, and customers from all corners of the world, reducing paperwork and enhancing efficiency in deal-making.

Public vs Private Blockchain: What’s the Difference?

Considering the differences between public and private, or “permissioned,” blockchains is vital, especially from a business perspective.

Public blockchains, as previously explained, have no restrictions; anyone can join, access information, and participate in transaction verification. They are most effective in scenarios that require unrestricted information sharing, worldwide access, and trustless exchanges.

In contrast, blockchains with restricted access are referred to as private blockchains. They are governed by a centralized authority or a consortium that decides who can participate and what privileges each user has. Such blockchains are frequently adopted by companies for their record keeping or by consortiums that require a certain degree of confidentiality.

Private blockchains have their advantages, such as greater control and speed; however, they sacrifice most of the pivotal advantages of having no central control, openness, and trustless participation. For most innovative, customer-centric, and high-impact business applications, public blockchains serve as a better option.

Addressing Common Concerns

The advantages of public blockchains for companies are numerous; however, they usually raise apprehensions regarding their cybersecurity features. Let us look at some of the issues businesses are usually worried about.

  • Security

Thanks to wide-ranging distributed systems utilizing heavy duty cryptography, and transparent mechanisms for audit and record keeping, public blockchains are the most secure technologies in existence. The gravest risks to users stems from poor password choices, and phishing attacks.

Companies should practice secure cybersecurity measures, take staff training seriously, and use secure staff digital wallets. If proper training and precautions are in place, the public blockchains are much safer compared to traditional databases, which are often the subject of cybercrime.

  • Performance and Scalability

During times of heavy use, some public blockchains, such as Bitcoin, may face challenges. Without proper management, transactions might become delayed, and users may be charged more than normal, as demand outstrips supply.

Project developers are solving the problems with "layer 2" solutions, as well as sharding and upgraded protocols. For instance, Ethereum's planned improvements are increasingly making use at the same improvements for speed and lower costs. Expect even more efficient public blockchains in the near future. Industrious developers are working to make public blockchains more efficient.

  • Regulatory Uncertainty

Blockchain regulation is still evolving. Laws differ from country to country and are changing as governments better understand the technology.

Businesses should stay informed about local rules, work with legal experts, and choose platforms that emphasize compliance. In many regions, regulators are supportive, offering clear guidance and partnerships to encourage responsible blockchain adoption.

How to Get Started With Public Blockchain

Is a public blockchain something beneficial for your business to work with? Here is a roadmap to get started.

  • Understand the Concepts First

Learn the public blockchain as well as its important constituents, keywords, and milestone projects. At every level, you will find online courses, tutorials, and communities to help you get started.

  • Define your Business Issues

While slow-moving processes and high transaction costs are generic in nature, try and determine whether the business has a lack of trust in payments, logistics, or contracts.

  • Test and Work within your Limitations

Utilize public blockchains, such as the Ethereum testnet or Polygon, to conduct low-cost experiments. Tools are available, and so are templates, so measure your results with minimal expenditure.

  • Look For Collaborators And Develop Skills

Look at blockchain networks, attend meetups, and join online groups. A lot of consulting companies and open-source communities provide assistance to newly established firms.

  • Expand And Develop

In case you have a working proof of concept, go ahead and scale. Remember to learn and adjust with real-life experience. Keep track of legal and technical changes to stay competitive.

Conclusion

Public blockchain networks are transforming how companies function across the globe. The automated components of public networks, along with their security measures, accessibility, and their ability to provide a distributed framework, allow public networks to grant unprecedented trust, lower costs, and minimal borders to businesses.

Companies operating in logistics, finance, retail, and other sectors are likely to gain from utilizing public blockchains. Early adoption of this technology can help businesses outperform their competitors and get ahead of the game in the forthcoming phase of the digital revolution.

Embrace these changes ahead of your competitors to ensure your place in the market. Look for areas in your company where public blockchains can provide a strategic advantage. As the blockchain era of business is rapidly approaching, the time to position yourself is now.

Share It

Author

back to top