Prototype of ‘Editable’ Blockchain for Enterprise and Permissioned Systems

At the core of stakes, we have: enterprise uses of blockchain technology particularly in banking, insurance and capital markets. Blockchain technology to resolve human errors, accommodate legal and regulatory requirements, and address mischief and other issues, while preserving key cryptographic features. Preserve the fundamental value of the technology while enabling enterprise adoption.

 

In effect, Accenture has created a prototype of an editable blockchain capability for permissioned systems based on a modified chameleon hash function.

The prototype can represent a significant progress for enterprise uses of blockchain technology particularly in banking, insurance and capital markets.