Troubleshooting Payment Journey In Multilayer System Using Blockchain Technology

Blockchain technology is the most promising
field in the recent decade and future in many different
industries. It is based on storing data in a decentralized
distributed database with an encrypted way. Permission
blockchains are the most of interest to companies,
organizations, and other agencies to maintain their internal
processes because of their trust, high privacy and control.
Nowadays we are living in digital transformation age that
everything should be maintained and operated by a system to
ease our daily tasks. Electronic payment systems are one of
many shapes for digital transformation, and they have many
challenges in sending or receiving transactions as time latency,
scalability, performance, and throughput rate also there is a
need to maintain any failure through the payment process till it
is completed. Tracing failed transactions may take more time
and effort to discover what is the root cause of failure and
which component has affected it. Therefore, the proposed
framework is suggested using private blockchain to overcome
the time delay of tracking failures and improve performance
and throughput. Our results gained from the proposed
framework enables us from tracing the failed transactions with
little consumed time which provides more performance and
efficiency. Also, by increasing the performance of finding
trouble.