Siccar takes the security benefits that were introduced in the Bitcoin blockchain data structure and consensus model but is designed for more complex types of data than pure financial transactions:

  • Data stored using industry level encryption. 
  • Principle of least privilege.
  • Tamperproof audit trail of data events.
  • Follows participant’s business events to derive and share data and cannot deviate.
  • Consensus data sharing model to ensure data is only added if parties agree it is indeed valid data.

SICCAR’s 3 layer data sharing architecture consists of:

A Special-Purpose Register: with decentralised contol and a distributed network, enforcing protection at the data level

A Governance Layer: that architecturally enforces business process using governance policies called blueprints

An Integration Layer: providing a simple interface to existing apps and services – providing verifiable shared data with minimal disruption

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