Creation of a blockchain program that solves ABC's concern of multiple databases and cumbersome finance handling
What it does
This is a sample blockchain solution for a Deloitte case competition, which will help ABC Corp. maintain its financial records across all its subsidiary companies.
How I built it
A blockchain is a digital ledger of records that are arranged in chunks of data called blocks. These blocks then link with one another through a cryptographic validation known as a hashing function. Linked together, these blocks form an unbroken chain — a blockchain
Challenges I ran into
It was difficult to solve many of the security issues initially but after reading Deloitte's papers we figured out how to work around the challenging security issue currently plaguing the blockchain.
Accomplishments that I'm proud of
I was able to solve the privacy issue of a blockchain by modifying the blocks with an authorization parameter.
What I learned
I learned how to make the blockchain self-destruct certain blocks without ruining the integrity of the chain itself.
What's next for CUTC BlockChain
We will be presenting our solution at the CUTC conference on May 5th, and win the Deloitte Case Competition!