About BillChain Lite

Enterprise blockchain for invoice management

What is BillChain Lite?

BillChain Lite is a production-ready blockchain-based invoice management system built on Hyperledger Fabric. It demonstrates how distributed ledger technology can transform B2B invoicing from a manual, error-prone process into an automated, transparent, and trustless ecosystem.

Immutable Audit Trail

Every invoice action is cryptographically recorded on the blockchain

Multi-Party Consensus

3 organizations, 6 peers, 5 channels with granular access control

Lightning Fast

4.2 seconds vs. 12 days for traditional manual processes

Performance Advantage

Hyperledger Fabric vs. Traditional Manual Process

Average Processing Time

4.2s

Invoice creation to blockchain commit

Traditional Process

12d

Manual approvals + ERP exports + reconciliation

Efficiency Gain

99.99%

Faster than manual workflows

ROI Breakdown

Cost Savings (Annual)

  • • $127K in manual processing elimination
  • • 85% reduction in disputes
  • • 0.7% dispute rate vs. 15% industry average

Operational Benefits

  • • Real-time invoice visibility across organizations
  • • Elimination of duplicate payments
  • • Cryptographic proof for audits

Organizations

3

Multi-party network

Peers

6

2 per organization

Channels

5

Private + bilateral + public

Orderer

1

Solo consensus

Billchain Corporation

Primary invoice issuer

Online
peer0.billchain

Port: 7051

Chaincode: 5 installed

peer1.billchain

Port: 8051

Chaincode: 5 installed

billchain-private billchain-customer public-ledger

CustomerCompany Inc.

Invoice recipient & approver

Online
peer0.customercompany

Port: 9051

Chaincode: 4 installed

peer1.customercompany

Port: 10051

Chaincode: 4 installed

customercompany-private billchain-customer public-ledger

AcmeCorp Ltd.

Third-party auditor

Online
peer0.acmecorp

Port: 11051

Chaincode: 2 installed

peer1.acmecorp

Port: 12051

Chaincode: 2 installed

acmecorp-private public-ledger

Ordering Service

Consensus mechanism for transaction ordering and block creation

Type

Solo

Node

orderer0.group1

Status

Online