Orchid bank is a private sector bank which has branches in different countries. Orchid bank uses database for the storage of clients’ data because databases can store very large numbers of records efficiently. By using database, we can add, edit or delete data easily. It is more efficient in data searching and data sorting. Database can be used by more than one user to access same data simultaneously.
As a database designer, which type of database (distributed database & centralized database) you will use in this scenario to ensure data consistency, easy management and easy backup?
In my opinion distributed database is better in the given scenario.
Yes in my option replication of database suitable in the above given scenario.
We will use relational database, and make the data normalized form. So that we can access, update, delete and execute the records and fetch the required data. The relational database is easy to function the valuable system records.
The Advantages of Using Distributed Databases for the Banking Industry Banks must be able to access a customer’s information from any branch at a moment’s notice. These information requests can include checking account balances, loan amounts and credit status. A distributed database system separates a business’s data by business function or geographical area.Banks often use distributed database systems, because these systems are configured to carry out specific business tasks in different locations while allowing those locations to communicate freely with one another. These systems offer banks several advantages over non distributed systems.
Longer Uptime A database management system that requires banks to access financial data stored in a central location can be vulnerable to downtime. The central location may be inaccessible due to communication infrastructure problems, natural disaster or malicious attack. The distributed system lets banks access the information they need at any time, regardless of the uptime status of a central server. A distributed database management system allows banks to reroute their information requests around the inaccessible location to another available site.
Database replication is the frequent electronic copying of data from a database in on ecomputer or server to a database in another–so that all users share the same level of information. The result is a distributed database in which users can quickly access data relevant to their tasks without interfering with the work of others. Numerous elements contribute to the overall process of creating and managing database replication.