Blockchain and Microservices

WHY THESE TWO?

“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”Tyler Winklevoss, Co-creator of Facebook

Blockchain uses Peer-to-Peer networks, it is like having your own cloud which no one accesses but you and any internal or external stakeholder that is provided with access. It is immutable as all data that is logged cannot be changed or removed (it can be reversed) thus nothing can be manipulated without a log of it.

Microservices is the distributed architecture where system functions and features operate independently. Instead of using a single server to run an entire system; system operations and functions are executed upon demand from a distributed network of devices.

LOW/OVER STOCK

It is a fine line of equilibrium to have just enough stock offered, with a common challenging estimate of supply and demand. While having too much in stock in hands introduces costs, having too little in stock can leave your business with unsatisfied customers.

With blockchain and machine learning, your system can perform highly accurate forecasts with an integration to the a variety of data and request orders on your behalf without any human error and biases.

SILOS

It can be hectic integrating data sources together and maintaining the right flow of data and information as your organisations uses a variety of systems.

With microservices and datawarehousing architecture, your existing and new data can be structured and integrated in a normalized form and decentralized with APIs.

HACKED

Black-hat hackers have targeted many governments, companies and individuals with ransomware, DDoS, Man-In-The-Cloud and many other attacks where your data could be at risk of lose, manipulation and unauthorized access.

With blockchain and microservices, your data can be protected with SHA-256 hash encryption TLS certificates while transferring your data where is made distributed and immutable.

COUNTERFEIT

“We now have more fakes than real drugs in the market.”- Christophe Zimmermann, the anti-counterfeiting and piracy co-ordinator of the World Customs Organisation. While counterfeit drugs has a drastic impact on peoples’ health, any other product including food and clothing can be easily counterfeited at any stage in the supply chain.

Using blockchain, you can have full tractability to the origin of the item which allows you to identify when and where counterfeit items have been embedded.

SERVER DOWN

Your server(s) are at risk of shutting down unexpectedly, where you are likely to lose customers along with the data and disrupt your operations.

With microservices decentralized architecture, your system can mitigate such risks.

THEFT

With modern globalization, a single item can travel the world through different means of transportation and can be stored in different places before getting into the hands of customers. At any stage in the supply chain, lost and stolen items introduce unnecessary costs that disrupts operations.

With blockchain and machine learning, your order can alarm you in case of theft occurring in a proactive manner.

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