Inspiration
Our experience as Business Consultant in a banks where Team are wasting a of time just to reconcile data.
What it does
Fusion Trust is a new API available in FusionFabric.Cloud for FinTech and Banks. It ensures data consistency across systems by using cryptography technologies.
How I built it
We used cutting edge cryptography and mathematics (Merkle trees, Hash chains, Union-find algorithms) to be able to provide real-time data consistency without needing any business information.
Challenges I ran into
Optimizing the performance of the algorithm.
Accomplishments that I'm proud of
Gaining two orders of magnitude on matching throughput on a typical trade use case.
What I learned
Another team of the Hackathon will use our FusionTrust API to match Trade Finance documents.
What's next for FusionTrust
Developing and deploying the internal reconciliation use case with our Bank partner.
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