Abstract
Technologies available to implement cross-ledger reconciliation processes are centralized due to the strong necessity of consistency. These solutions fail to guarantee data integrity since data and business rules are handled separately, and the data is processed in batch, delaying the results. This article proposes a decentralized approach to the reconciliation processes using a private Blockchain based on the Ethereum platform. Consistency will be assured by using an Authority Round algorithm and the data will be processed in real-time, showing the results as soon as the transactions are processed. Since the records in the Blockchain are immutable, all the transactions will be traceable, allowing auditability and maintaining the link between original and generated data.
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Ribeiro, A., Santos, L., Furtado, A., Schroder, B., Vidaletti, D., Vanzin, M. (2020). A Blockchain-Based Approach for Cross-Ledger Reconciliation. In: Prieto, J., Pinto, A., Das, A., Ferretti, S. (eds) Blockchain and Applications. BLOCKCHAIN 2020. Advances in Intelligent Systems and Computing, vol 1238. Springer, Cham. https://doi.org/10.1007/978-3-030-52535-4_6
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DOI: https://doi.org/10.1007/978-3-030-52535-4_6
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