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Digital Q.BlockChain

Product
The name of the base system (platform): Diasoft Digital Q Digital Omnichannel Platform
Developers: Diasoft
Last Release Date: 2024/09/03
Technology: MDM - Master Data Management

The main articles are:

Digital Q.BlockChain is an import-independent distributed registry platform for creating a single source of reliable information. The platform allows you to create channels and distributed block chains, control the invariability of data, manage distributed registry transactions, use the consensus protocol to maintain a distributed registry in a consistent state, manage access channels to the blockchain network, create and verify electronic signature certificates.

2024: Open Data Maintenance and Storage Product Presentation

Diasoft has developed the Open Data Management and Storage product based on the Digital Q.BlockChain blockchain platform. The developer announced this on September 3, 2024. The product is intended for registrars and depositories of the securities market and ensures reliable maintenance and storage of open data in accordance with the requirements of the Bank of Russia Directive 6496-U "On Disclosure of Information by Professional Participants in the Securities Market."

Advantages of the product compared to traditional methods of storing data on ordinary servers:

  • Transparency and verifiability: Each data change is automatically captured in a distributed registry, providing complete transparency and the ability to verify each transaction or transaction.
  • Decentralized storage: Unlike centralized server solutions, data in Digital Q.Blockchain is stored decentralized on many nodes of the blockchain network, which increases resistance to attacks and system failures.
  • High degree of protection: the use cryptography of a consensus mechanism in the blockchain also provides a reliable data protection one against hacking and manipulation.

By this review, the product "Open Data Management and Storage" ensures the disclosure of information in accordance with the requirements of the regulator and automates the processes of data management and storage, reducing operating costs and protecting data from unauthorized access and falsifications.