Auditability and secure sharing of data

When sharing sensitive data between entities it is important to keep an audit trail of who, when and what data have been shared as well as the business rationale for doing this. By implementing enterprise blockchains internally these questions can be immutably stored at both the data producing as well as consuming end. Business rational can be codified into smart contracts and thus be part of any auditing process. Internal Cryto networks ensures that any data exchange don’t have to rely on underlying infrastructure to safeguard the information confidentiality as the data is encrypted with the receiver public key and delivered directly over peer-to-peer transfers.

As data is stored in its encrypted form at the different nodes it also becomes the perfect solution building block to utilize for any communication that requires critical confidential information security conformability replacing internal communication tools such as email for such tasks.

Chain-to-chain automation

As data sharing between internal entities usually has a lower threshold compared to external counterparts an internal consortium can act as an integration point towards external consortiums or public solutions. External requests can trigger workflows that collect data throughout the organization to finally aggregate and perhaps anonymize the data or conclude through logic that sharing is not viable. This is an excellent architectural pattern to really leverage the automation possibilities in consortiums.