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BCA - Block Chain Alternative
19 Mar 2022 (68 views)

I develop a proof of concept website for an alternative to blockchain in ensuring the integrity of the database.
At the end of each day, it downloads the data of the opening and closing balance of each account and the transactions for the day.
The data is sent to the appointed auditor(s).
The auditor can check the transactions against the opening and closing balances, and identifies the accounts that do not reconcile.
The error could be due to unauthorized alternation of the account balance or to errors in the processing of the transactions.

See PDF for the full report

Tan Kin Lian


BCA - Block Chain Alternative
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I develop a proof of concept website for an alternative to blockchain in ensuring the integrity of the database.
At the end of each day, it downloads the data of the opening and closing balance of each account and the transactions for the day.
The data is sent to the appointed auditor(s).
The auditor can check the transactions against the opening and closing balances, and identifies the accounts that do not reconcile.
The error could be due to unauthorized alternation of the account balance or to errors in the processing of the transactions.

See PDF for the full report

Tan Kin Lian