KarnatakaBLOCKCHAIN TECHNOLOGY : A mechanism revolutionizing multiple sectors, eliciting accountability and eliminating errors

Since the blockchain database system provides security, trust, provenance, traceability and availability, the stakeholders of various business systems/organizations can collaborate with each other. This technology has been initially experimented in the finance sector as in Bitcoin network, insurance payments and cross border payment networks. As a Proof of Concept, Blood Bank Supply Chain Model has been developed and tested on Hyperledger Sawtooth Framework.