Accenture has been awarded a patent tied to its work on an âeditable blockchain.â
First unveiled last year, the professional services firm sought to create a permissioned blockchain that would allow parties to alter data in the event of errors or fraud. It was a move that stoked criticism from some observers, including some who questioned why a distributed database would be needed if not for its tamper-resistant characteristics.
However, the full patent filing details how the system might work in practice. Depending on the circumstances, a secret that controls the key may be held by one or many parties. In some cases, multiple individuals could possess parts of a secret, meaning the whole group would have to sanction any access to the ledger.
When contacted for comment, David Treat, managing director in Accentureâs blockchain practice, said that the firmâs work as it relates to the editable blockchain concept has â[focused] on the challenge of how to âfix things when they go wrongâ,â in order to help mature the technology.
He told CoinDesk:
âThis invention adds to that set of options, particularly for on-chain data structures, and weâre excited about the patent approval. Our overall goal is to leverage DLT innovations to make the technology viable for enterprise IT use.â
Treat said that the company is still in the development face, explaining that work continues to âenhance the prototype.â He also floated the possibility of the company ultimately making the tech open-source.
âWe have had strong industry interest and have had several requests to open-source the capability which weâre considering,â he said.
Stamp image via Shutterstock