Designing for Privacy and Confidentiality on Distributed Ledgers for Enterprise (Industry Track)

TL;DR

This paper provides a design guide for addressing privacy and confidentiality challenges in enterprise distributed ledger technology, applying it to Hyperledger Fabric, Corda, and Quorum.

Contribution

It offers a structured approach to designing privacy-preserving enterprise DLT systems, tailored to specific use case needs.

Findings

Guidelines for privacy and confidentiality design in enterprise DLTs

Application of design principles to Hyperledger Fabric, Corda, Quorum

Enhanced understanding of privacy mechanisms in distributed ledgers

Abstract

Distributed ledger technology offers numerous desirable attributes to applications in the enterprise context. However, with distributed data and decentralized computation on a shared platform, privacy and confidentiality challenges arise. Any design for an enterprise system needs to carefully cater for use case specific privacy and confidentiality needs. With the goal to facilitate the design of enterprise solutions, this paper aims to provide a guide to navigate and aid in decisions around common requirements and mechanisms that prevent the leakage of private and confidential information. To further contextualize key concepts, the design guide is then applied to three enterprise DLT protocols: Hyperledger Fabric, Corda, and Quorum.