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    Author Topic: How close did they get to Blockchain before it was 'invented'?  (Read 434 times)
    legendster (OP)
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    April 19, 2018, 12:49:33 PM
    Merited by avikz (2)
     #1

    I came across this pdf from the 90's about UAIF, if you read the quotes below, it is remarkably similar to what Blockchain and Satoshi's Bitcoin is in principle.
    What is UAIF? Acronym for Unified Accounting Information Framework, it was a bank accounting system,  You can read more about it on the original pdf here.

    Off course Blockchain was not an eureka! moment and it evolved into what it is thanks to JS and millions of caloused fingers. But what do you think? How close was this accounting system to what Blockchain is in terms of principles? I mean at the core of both of these lies the same idea of a distributed ledger system.

    Quote
    We therefore propose an open system oriented approach - Unified Accounting Information Framework
    (UAIF) that is based on an industrial standard CORBA architecture to overcome the aforementioned limitation.
    UAIF’s mission is to promote true distributed client -server processing and inter-applications communication in order
    to facilitate electronic exchange of standard business documents between third parties.
    Instead of scrapping the
    legacy systems, this framework takes advantage of distributed object technology, on-line detection system (Booch
    1991, Clark 1994, CORBA 1995), XML and OMG General Ledger (GL) Facility, which can improve the quality and
    accuracy of accounting information for specific industry and can be viewed as an enabling technology for
    continuous reviewing and auditing (AICPA, 1995, Booch, 1991).

    Quote
    Distributed Object Technology
     
    The next wave of client/server technology must be able to handle multiuse, consumer-to-business, and
    business-to-business transactions across multiple servers distributed over global networks. Existing distributed
    system such as the Object Management Group’s CORBA, the Open Group’s DCE, Sun Microsoft’s Enterprise
    JavaBeans, or Microsoft’s Distributed Component Object Model (DCOM), not only permit applications and data to
    reside on different platforms such as UNIX or NT system, but also require them to work together seamlessly and
    support various business processes. In all of these environments, server applications are designed to advertise
    interfaces to services, or functions, that they offer. Clients locate these services by searching a directory and bind to
    the desired services using the information stored in the directory. 

    Common Object Request Broker Architecture (CORBA) is one of the well-known distributed middleware
    that is proposed by a consortium – Object Management Group (OMG). CORBA promotes interoperability,
    extensibility, portability, distributed processing and asynchronous operations all within an environment adhering to
    open systems standards and providing improved performances (Lee 1995). If widely adopted, CORBA may have a
    profound impact on AIS software marketplace.


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