Adapting a Complex AWS-Based Batch Process to Hyper ledger Blockchain

Abstract

This paper delves into the transformation of a complex banking sector process, traditionally focused on paper generation, into a blockchain solution leveraging Hyperledger Fabric. Overcoming the limitations of conventional systems, such as automation and transparency issues in reconciliation, the study aims to enhance the process's security, tracking, and overall efficiency through blockchain adoption. The proposed Hyperledger Fabric framework comprises seven key components: a centralized system, bank integration, smart contracts and chain codes, a creation engine, APIs, third-party interaction, and a feedback loop. Each component is crucial in streamlining the end-to-end paper generation cycle, ensuring robustness, scalability, and interoperability.