SOTF: Secure Organizational Transactions Framework Based on Bitcoin Payment Bridge

Bitcoin is a decentralized cryptocurrency where all the transactions are saved in ledger. Blockchains have good features to be used different finance applications by using smart contract. Also, blockchains attractive platform for many industrial domains, including logistics and supply chain industries. Supply technology contributes record every single asset through its flow, tracking orders, receipts, payments. There several relay protocols proposed previous research; these connect types of blockchains. In this paper, we present Secure Organizational Transactions Framework (SOTF) based on bridge private or consortium with public which reduces interaction blockchain saves organization details privately consortium. The framework makes it possible contract services acquire means payment chain. Moreover, automates process updating non-interactively. validate communication between organizations bitcoin, find out development cost ensures efficiency feasibility framework. code implementation publicly available at GitHub.