Innovative solution combines speed and efficiency of relational databases with immutability of blockchain
Integrated technology will revolutionise data security for regulators, courts, healthcare, financial services, and other organisations
London, 16 September 2024 – IT developer Six Ticks has developed a groundbreaking solution that seamlessly integrates relational databases with blockchain technology without compromising the speed of the relational database system. This pioneering proof-of-concept maintains data integrity and security while leaving existing database systems unaltered. By merging the rapid performance of relational databases with the unchangeable nature of blockchain, Six Ticks’ innovative approach sets a new standard for data protection and fraud prevention.
Six Ticks’ solution will be able to be integrated with existing systems through a SaaS model with API support, offering both flexibility and scalability, and can be run with any existing relational database or system. This plug-and-play model also does not store readable data on the blockchain, providing data security and fast access suitable for real-time applications, with users able to choose what data is and isn’t sent to the blockchain. Crucially, raw data never leaves the relational system, and the right to read data sent to the blockchain is exclusively held by the data owner, ensuring privacy.
The concept offers enhanced security against fraudulent changes, alerting administrators or even auto-correcting data if tampering is detected. It maintains an immutable audit trail of record changes, ensuring unauthorised alterations are quickly identified and enabling swift verification that data remains untampered. Sensitive data is protected with quantum-resistant encryption, bolstering the system against future security threats.
This offers significant benefits for numerous entities, including regulators, courts, organisations, and websites. By creating an unalterable audit trail through blockchain technology without the need for a large, costly project, regulatory bodies and courts can streamline data verification, reducing costs and enhancing efficiency. Organisations across sectors such as finance, healthcare, and legal can safeguard against data breaches and maintain compliance with an immutable backup, automated detection, and correction of unauthorised changes. Websites and web-based applications benefit from continuous monitoring and auto-correction capabilities, preventing formjacking and web-skimming attacks.
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Six Ticks’ solution represents a significant advancement in database technology, providing a robust framework for future-proof data security and fraud prevention. This innovation not only safeguards data integrity but also offers a scalable and flexible integration model, setting a new benchmark in the industry.
This development builds on the success of the distributed feeless blockchain solution developed and announced by Six Ticks in July this year. The blockchain solution, validated by Aston University through a comprehensive EU-funded research project, can be seamlessly paired with the relational database technology, offering affordable, unparalleled security and efficiency across various sectors.
Six Ticks is now developing this solution as a commercial product.
Ian Copeland, Managing Director & Technical Lead of Six Ticks, commented, “We’re on the brink of reshaping data security across global industries and regulatory bodies. Our integration preserves the advantages of relational databases while tapping into the security potential of blockchain, giving our platform unique abilities for data security and instant audit trail validation.”
Stephanie Henson, Sales and Operations Director of Six Ticks and co-owner, noted, “Our strides in blockchain technology pivot away from the volatile realms of cryptocurrency and NFTs. Instead, our solutions concentrate on data fortification that any organisation can benefit from without large, costly, time-consuming projects.”
