Considering that all transactions and their data are part of the blockchain and distributed to all peers, the chain can be used as the single point of truth of all business interactions. Transactions are only committed, depending on the endorsement policy, when enough peers have endorsed the transaction and its data, for example 51% of all peers, or a majority. Once committed, you can be sure that everything checks out. Since all transactions are appended to an immutable log, you immediately have a view of all interactions. Depending on the blockchain used (public or private) and the type of interaction (synchronous or asynchronous), peers get (immediate) feedback if a transaction fails, or they ...
Solves offline reconciliation between partners
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