Abstract
Blockchain databases were designed to improve trust in centralized ecosystems, which dominate the market today, by introducing tamper-evidence features on top of a classical database. Compared to decentralized ledger technologies, blockchain databases are easier to use, and they can significantly reduce the operational and development costs. However, the existing blockchain databases do not equip multiple parties with tools to efficiently control common data written to the ledger. This paper describes Orion, a new open source blockchain database that introduces multi-sig and proof capabilities with extensive key-level access control, which enable parties to mutually control and validate a value written to the database. These unique capabilities, together with additional blockchain properties, provide users with features such as tamper-evidence, provenance, data lineage, authenticity, and non-repudiation, while using a standard data model and transactional APIs. We found our technology to be extremely useful in improving the integrity of a system and reducing mistakes, disputes, and fraud.
Original language | English |
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Title of host publication | 2023 IEEE International Conference on Blockchain and Cryptocurrency, ICBC 2023 |
Publisher | Institute of Electrical and Electronics Engineers Inc. |
ISBN (Electronic) | 9798350310191 |
DOIs | |
State | Published - 2023 |
Externally published | Yes |
Event | 5th IEEE International Conference on Blockchain and Cryptocurrency, ICBC 2023 - Dubai, United Arab Emirates Duration: 1 May 2023 → 5 May 2023 |
Publication series
Name | 2023 IEEE International Conference on Blockchain and Cryptocurrency, ICBC 2023 |
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Conference
Conference | 5th IEEE International Conference on Blockchain and Cryptocurrency, ICBC 2023 |
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Country/Territory | United Arab Emirates |
City | Dubai |
Period | 1/05/23 → 5/05/23 |
Bibliographical note
Publisher Copyright:© 2023 IEEE.
Keywords
- Blockchain
- Databases
- Digital Ledger
ASJC Scopus subject areas
- Accounting
- Information Systems
- Information Systems and Management
- Economics and Econometrics