Private ledgers on a MultiChain Blockchain Network

+1 vote
We are exploring one use case to connect a million customers with a bank. Since customers' transactions should be private to them, we want to understand whether we can have concept of private ledger on the customer nodes.

The transaction must be added only to the ledgers of the transacting nodes.

So for instance we have two customers Alice and Bob. Alice transacts(Debit) using the bank's system for $5 and Bob transacts (Debit) using bank's system for $10.

So the ledgers should look like.

Alice: Debit $5 (Transaction on Block) Bob: Debit $10 (Transaction on Block)

Bank: Debit $5 Debit $10 (Shows both transactions on the Bank's Node)
asked Apr 21, 2017 by anonymous

1 Answer

0 votes
If you want this kind of privacy, where some transactions are completely hidden from some users, then a blockchain is not the right architecture for you. You might want to take a look at the Corda project by R3.
answered Apr 21, 2017 by MultiChain