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Everyone involved in building enterprise-level Web3 applications knows that getting data onto the blockchain is a major challenge, especially for complex data like financial records, legal documents, and property certificates. Traditional solutions are either prohibitively expensive or fail to meet security and verifiability standards. I’ve compared countless options before, and it wasn’t until I adopted Vanar’s tech stack that I realized enterprise data on the chain can be this smooth and reliable—traditional methods are practically being ground into the dirt.
Let me first explain how problematic traditional solutions are. Take on-chain auditing of enterprise financial records as an example. The usual approach is to store PDF files on IPFS, and only record a hash on the blockchain. During audit, you need to download the complete file from IPFS and then verify data integrity using off-chain services. This process seems compliant, but it hides three fatal issues:
First, IPFS’s availability entirely depends on node incentives. If nodes aren’t earning rewards, data might become inaccessible at any time.
Second, hashes can only prove that data hasn’t been tampered with, but they can’t verify the authenticity of the data content itself. For example, someone could deliberately upload a fake file, and the hash would still verify correctly.
Third, the off-chain verification process can’t be invoked by other smart contracts, making the entire process non-composable and preventing automated auditing. @Vanarchain $VANRY #Vanar