On the one hand the end users (bug suppliers) get non-repudiable and prooven leger of their suppliers transactions on the other every party is basically exposing their business business flat to the competitors.
Everybody will see what everybody else is doing on the real time. Suppliers can eliminate middle man by learning their suppliers. Vendors can peek competitors plans and business models.
Unless this is somehow addressed in a way that doesn't break the whole blockchain idea joining such a network would be a business suicide.
2nd issue I've always had with such a private small blockchains is how will the >50% hack be prevented. And what are rewards that keep the parties invest more and more processing power to prevent that in the long run?
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On the one hand the end users (bug suppliers) get non-repudiable and prooven leger of their suppliers transactions on the other every party is basically exposing their business business flat to the competitors. Everybody will see what everybody else is doing on the real time. Suppliers can eliminate middle man by learning their suppliers. Vendors can peek competitors plans and business models. Unless this is somehow addressed in a way that doesn't break the whole blockchain idea joining such a network would be a business suicide.
2nd issue I've always had with such a private small blockchains is how will the >50% hack be prevented. And what are rewards that keep the parties invest more and more processing power to prevent that in the long run?