Data in the blockchain cannot be changed or deleted: the specific information recording and storage architecture in numerous nods enables the system to trace the history of data occurrences and changes, as well as instantly identifies inconsistencies and compromising. Blockchain is required to keep the data in the tracking system reliable and trustworthy. In the FCE system, BLOCKSCAN is responsible for accessing and checking data on the blockchain.
It is essential not only to protect data using blockchain technology but also to provide easy access to data. Traceability consists of two components: data reliability and availability. Interaction with data within a company must be consistent and coherent to be effective.
You Can See Everything
The FCE cloud service creates traceability throughout the supply chains and protects this traceability with blockchain
. Status of products, raw materials, logistics, stores, and warehouses is recorded in real-time by operators manually or automatically by IoT sensors. The system encrypts each entry and sends it to the blockchain as a transaction.
All transactions and records are never changed or deleted. Original unencrypted records remain on the FCE cloud storage service or the company's cloud servers. Encryption is necessary to preserve the confidentiality of the information and to divide access to the data.
BLOCKSCAN is a block explorer
where the user can view up-to-date and verified blockchain FCE statistics. BLOCKSCAN is a blockchain interface or a secure digital ledger where each user can search for information about any transaction, incomes and payments, smart contracts, accurate fundraising history, and user profiles. It is also required to access the data on whether the potential partner or supplier is verified. Blockchain notarization provides trust between participants in the supply chain, and the FCE gives all the necessary tools for successful interaction. Notarization is also performed by the FCE DOCFLOC tool
, designed to monitor the authenticity of documents in the blockchain and use and confirm electronic signatures. FCE system is designed as a whole for convenience and ease of tracking and management and includes flexible instruments for business digitization.
Metadata and Hashing
Confidential information is also available for viewing, but in an encrypted, hashed form. In BLOCKSCAN, this is called a metadata hash. Metadata is a record made along with a transaction. It could be a message about the purpose of the transfer of funds, the entrance of information about the user's profile, the sending of a protected message, or part of the supply chain traceability system. Such product and logistics metadata are called PRORIDs
. The main information about the supply chain is processed and stored by the PRORID and DOCFLOC systems, but BLOCKSCAN will be useful for details and general reviews.
Traceability should be convenient and accessible to be able to improve efficiency and safety. The digitization of a business based on the blockchain-protected cloud service by FCE is an affordable and convenient solution that will smoothly take the company to a new level of transparency and trust.