A secure peer to peer multiparty transaction scheme based on blockchain

SummaryWith the development of technology, data has become more accessible. The storage of critical and valuable information is getting harder and harder with the increase of cyber attacks and vulnerabilities of network and internet. The centralized storage of data causes security and privacy problems. As a remedy to these problems, blockchain has occurred. The reliability, transparency, integrity and confidentiality of the data have been increased with the blockchain technology. Blockchain maintains the immutability of the data with cryptographic hash algorithms. The data is kept in distributed structures with the consensus algorithms so that it is not lost. Projects and studies using blockchain technology have shown that data stored in centralized structures is not as reliable as data that is distributed and secured by cryptographic algorithms, smart contracts, and consensus. The data of flights, which is a critical data, has a great place in world transportation. The parameters inside the black boxes guide us on why the aircrafts have crashed: whether the responsibility belongs to the manufacturer, to the pilot, or to the aircraft technicians. In this way, the real reasons of the accident may be determined and measures can be taken for the accidents that may occur afterwards. In addition, the safe delivery of all black box data to the interested parties and its storage in a way that is immutable will not only benefit to the manufacturer's self‐development by processing the data, but also help flight companies to find optimum flight data. Both the flight companies and the manufacturer will be able to read the black box data, thus the suspicion of data manipulation will be eliminated and the data will become more transparent. In this study, a system is proposed in which an aircraft's black box data can be saved safely and securely with the help of blockchain technology.

Section: Limitations and Future Workmentioning

confidence: 99%

Section: Blockchain Technology and Hyperledgermentioning

confidence: 99%

See 1 more Smart Citation

BLOCKBOX: Blockchain based black box designing and modeling

Korkuc,

Aytas Korkmaz,

Genc

et al. 2024

“…But, an efficient cryptographic technique was not applied to enhance the security of data transmission. A secure peer‐to‐peer multiparty transaction scheme was designed in reference 21 based on blockchain. It permits numerous users to participate in one transaction at the same time by making use of a secret sharing mechanism.…”

Section: Related Workmentioning

confidence: 99%

Advanced set containment deep learned Rabin certificateless signcryption for secured transmission with big data in cloud

Sakthivel,

Madhubala

2023

SummaryCloud computing is distributed type of technology to offers distant services by the internet to manage, access, and store data on their server. The cloud server manages and distributes large amounts of data. During large amounts of complex structured and unstructured data transactions, in order to protect the data and cloud resources from harmful activities by using the main task of the security system. Therefore, a novel intrusion detection system is required in cloud networks to detect malicious activity and improve secure data transmission. In this paper, a novel technique called advanced set containment deep learned Rabin certificateless signcryption (ADRES) technique is employed to secure data transmission for achieving better confidentiality, and integrity, in cloud computing. The ADRES technique includes three major phases namely Registration and key generation, signcryption, and unsigncryption. At the first phase, the user registers details to the cloud server using secure transmission in big data analytics. The cloud server generates the private and public keys for each registered user. In the second phase, the signcryption process is determined by cloud user that encrypts and generates the signature by using the Rabin cryptosystem. Then encrypted data is stored in a cloud server with minimum space complexity. Finally, the unsigncryption is performed by using signature verification and decryption. First, the signature verification is performed by applying an Advanced set containment Deep belief neural network for identifying the authorized or unauthorized user (i.e., attacker). The authorized user decrypts data using the Rabin cryptosystem to achieve the original data. Thus, secure data transmission is obtained through improved data confidentiality and integrity. Simulation of the proposed ADRES technique is performed with respect to data confidentiality level, data integrity rate, and computation time, space complexity with several numbers of data. Experimental results reported ADRES obtains the improved data transmission security with better confidentiality rate by 7%, integrity by 7%, and lesser time 16% and space complexity by 18% than the conventional methods.

“…Hong and Sun 33 proposed a secure peer‐to‐peer multiparty transaction scheme based on blockchain. It allowed multiple users to participate in one transaction simultaneously by making use of a secret‐sharing mechanism.…”

Section: Related Workmentioning

confidence: 99%

Blockchain assisted encryption scheme for intellectual share estimation using medical research data

Diwan,

Kashyap,

Khandelwal

2023

SummaryRecently, blockchain utilization with advanced encryption and decryption has gained improved attention over diverse applications. Especially in the medical field, big data storage requires an effective medium for managing user data with high confidentiality. The existing research presents diverse encryption algorithms, but certain drawbacks include sensitive information leakage, ineffective data integrity verification, and increased computational cost and time. The proposed work develops an effective blockchain mechanism for secured data storage to conquer these limitations. This article secures the medical research data from different team members for intellectual share estimation. Initially, the registration process involves user details such as name, contact number, age and so on. Next, a digital signature is generated for every registered user using the SHA‐256 hash algorithm. During data uploading, the data is encrypted using elliptic curve Diffie Hellman encryption scheme to promote security. The audio and video files are stored in inter planetary file system, and texts are stored in the blockchain. The users can retrieve the stored data from the blockchain using the encryption key. The identities and associated public keys are verified using a smart contract to validate the user certificate. Next, a decision form is made to show the polling mechanism using item preference ranking for other users viewing the data. The proposed mechanism ensures intellectual shares for all the users associated with a specified project. The performances are analyzed using PYTHON, and the encryption time obtained in the proposed model is 0.85 s at 140 security bit level.