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A Blockchain-Based Approach for Cross-Ledger Reconciliation

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Blockchain and Applications (BLOCKCHAIN 2020)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 1238))

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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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Author information

Authors and Affiliations

  1. Eldorado Research Institute, Ipiranga Av, 6681, 99A, Porto Alegre, RS, 1301, Brazil

    Adriano Ribeiro, Luiz Santos, Alexandre Furtado, Bruna Schroder, Daniel Vidaletti & Mariangela Vanzin

Authors
  1. Adriano Ribeiro
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  2. Luiz Santos
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  3. Alexandre Furtado
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  4. Bruna Schroder
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  5. Daniel Vidaletti
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  6. Mariangela Vanzin
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Corresponding authors

Correspondence to Adriano Ribeiro , Luiz Santos , Alexandre Furtado , Bruna Schroder , Daniel Vidaletti or Mariangela Vanzin .

Editor information

Editors and Affiliations

  1. BISITE Research Group, University of Salamanca, Salamanca, Spain

    Javier Prieto

  2. Politecnico do Porto and INESC TEC, Porto, Portugal

    António Pinto

  3. Center for Security, Theory and Algorithmic Research, IIIT, Hyderabad, Telangana, India

    Ashok Kumar Das

  4. Department of Pure and Applied Sciences, University of Urbino, Urbino, Italy

    Stefano Ferretti

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© 2020 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG

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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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