While still an emerging technology within the consumer and corporate technology space, here at Redi Software we are already reaping the benefits of this methodology. We have completed several projects within this space including a public/private ledger for a political party to capture constituent voting to prevent tampering or manipulation of results and a cryptographically verifiable database for verifying transactional history.
A blockchain is a list of records organised into ‘blocks’ which continue to grow. Each block is securely linked together using cryptography. Each contains a cryptographic hash of the previous block, a timestamp, and the transaction data you wish to store. As blocks each contain information about the block previous to it, they form a chain (hence the name ‘blockchain’). Each additional block reinforcing the ones before it so blockchains are resistant to modification of their data because once recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks.
Verify data integrity to protect against data entry errors, manipulation and loss. Create complete and accurate records over a records lifetime.
Blockchain and Immutable databases for audit and trackability for regulators and professional auditors, particularly in the finance and personal information space.
View the entire history of a record, transaction or order through every modification that has taken place which cannot be doctored.
Version controlled databases are decentraliced, many copies of the database exist and can be written to independently for security and redundancy.
Advice & Guidance
Honest and impartial advice & guidance on how your business could use this technology and how it could prove advantageous for your business case.
Private or Public
Private blockchain development for your own internal use or public for the world to see and evaluate.
It's not just new systems that can take advantage of this technology. Depending upon your system this can be implemented in existing platforms and systems.
We can work with Amazon Quantum Ledger Databases and Azure SQL Server Immutable Database Functionality, tried and tested technology.