ChainPoint in CircuitBuilder

Dawn Code
|
June 20, 2020

We have built CircuitBuilder to be the fastest way to access, experiment with, implement, and deliver blockchain-based complements to existing systems and processes. Many companies, both SMBs and large, enterprise-scale organizations, are seeing that using blockchain technology adds value to their offerings, and are spending hundreds of millions of dollars figuring out how, how much, when, and where.

We are making it simple and easy to experiment with where blockchain might fit into your existing offering or business process, and then deploy that solution to fit right in, with high quality, enterprise-grade delivery and availability.

One of the most common use cases for many who are looking for blockchain's immutability, security, and auditability, is to cherry pick specific pieces of information, hashing that information, and then storing just that hash on a blockchain.

So let's talk about that for a second. What can you do with that? Well, you can, at any time, start from your original data, re-hash it, and confirm that that exact data was written to the blockchain at exactly the time it was written there. When you hash the data first, you are not storing anything sensitive on the blockchain that others can use in nefarious ways. For all intents and purposes, hashes cannot be reverse engineered to reveal the original data.

What can't you do with that? Well, the issue of *how fast* you can write data to a blockchain is an issue that is constantly in competition, with several players trying to be able to handle thousands, millions, billions of transactions per x time period. The blockchain isn't really meant to hold ALL of your data, either. It's not a silver bullet. Because those don't exist.

Given this very common use case for CircuitBuilder, we are sharing a circuit with you!

In this example, we are using Read More

Written by
Dawn Code
Dawn Code has been described by some people as the "most passionate person" they have ever met. She identifies as an explorer, constantly redesigning the future through emerging technologies.