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The five architecture mistakes killing business Blockchain

  • 16 August 2018, Administrator
Business Blockchain is not just changing how we conduct businesses, but also leveraging Blockchain for secure and well-defined business transactions. It is one of the most looked forward disruptive technologies of the modern world. The businesses in the manufacturing or the logistics or supply chain industry can not only transact privately, but also improve the overall structure of business.
The entire foundation of business is being reinvented with Blockchain at the core. However, you will face certain challenges with the business Blockchain architecture, and here are a few commonly made mistakes that you might want to avoid.
Let’s take a quick look at the five most common mistakes/challenges, and how you can overcome them.

Not considering business Blockchain as a database

We have a certain notion about the database, and believe that if it does not match the preconceived opinion, it cannot be a database. That’s what is happening to business Blockchain at the moment. For decades, we have been centralized database systems, which is why it is difficult for us to adopt Blockchain.
Blockchain is a distributed ledger, which contains transactions that cannot be changed and are protected using cryptography. There is no central authority in this database system, and it is protected using hashing, asymmetric encryption or digital signatures. Though everyone within the infrastructure can read through the transactions, they are secure.
When you are using business Blockchain, you might want to consider the Blockchain as the database, and store the infrastructure of the business, the processes and other requirements stated within it in order to process the business logic seamlessly. As there is no real database involved, you will need to treat the Blockchain as your database, and store the data and send queries to the Blockchain database. You will have to make sure that the database meets all the requirements posed by the enterprise level database.

You do not store assets in the business Blockchain

What are assets as far as the Blockchain is concerned- coins and tokens. They have value and can be exchanged across the Blockchain model. However, when you are talking about business Blockchain, there are no assets involved. Most of the items in this Blockchain cannot be exchanged for value. For instance, an application that stores an appliance model, does not really convert the appliance into the binary format. It only uses the document that represents the appliance. That goes for other items owned by the businesses.
So, if you are looking at the business Blockchain model, you need to be aware that there are no monetary assets involved. All of them are user-defined assets, available in the form of documents. This way, there are fewer chances of mistakes while developing the applications. The framework will need to handle a single asset type, already defined as document.

There is no such thing as structured data with business Blockchain

Have you seen the big business Blockchain implementations? Well, you might have observed that they include structured format of data, which requires you to define a schema for every data type recorded within the system. What is the schema? It is basically the asset structure.
However, when you look at the data available in the current times, you would realize that it is impossible to achieve structured data. The types of data that is increasingly available is unstructured data, and your application needs to be able to store this data type as well.
The database in this case will store whatever data is made available to the application, and the document will be represented with a key and a value. There are multiple databases such as MongoDB, DynamoDB etc. which have made handling unstructured data easy. The unstructured data type is key to modelling the third and most important asset of the business Blockchain, which is the document. Instead of considering all datatypes as structured, and not being able to mark a relevant field to it, include the unstructured database models for efficient management of the data.

Including the business logic

Smart contracts are becoming increasingly important, specifically for the public Blockchains such as the Ethereum. They also prove to be efficient and valuable when it comes to cryptocurrency transactions.
However, they may not be efficient in managing the documents. You will need to place the business logic within the smart contracts for the efficient management, which may not be appealing or easy. You will need touse the relational databases with the document interfaces such as the NoSQL API. As you already know that the business Blockchain contains unstructured data as well, and they are treated as a database. Hence, it will not be a very efficient method to include the business logic in smart contracts, and implement them within the application.

Not having proper tools and programming languages

When you appoint experienced developers and project managers but, you don’t have the necessary tools and programming languages on-board, you are definitely making the biggest architecture mistake for your business Blockchain.
It is important to know all the tools that are essential to build the logic you are planning, and have a word with your team on what is missing. This way you would be able to implement the best-in-class application on Blockchain.

Conclusion

As a Blockchain developer, you need to understand what it takes to develop business Blockchain applications, and what is the best architecture model for the same. Make sure you have a blueprint ready in your hand, before you move forward with your idea.
If you have an idea or wish to implement business Blockchain for your application, connect with us. Our Blockchain enthusiasts will get back within 24 hours.

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