Decentralized Application (DApp) for Microfinance Using a Blockchain Network

Jyothi, C.; Supriya, M.

doi:10.1007/978-981-19-2840-6_8

Cited by 2 publications

(1 citation statement)

References 14 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Binu et al [26] proposed a two-way secure ZKP authentication mechanism, Ravi Shanker Reddy and Beena [27] proposed a content-based health device registration on the blockchain, Jyothi and Supriya [28] showcased a blockchainbased KYC DApp, Babu and Supriya [29] proposed a rapid decision-making model at the edges to reduce and optimise cost. All the considered applications and similar application domains can be benefited by using the proposed multi-round ZKP method to strengthen security further.…”

Section: Applications Of Multi-round Zkp In Various Research Domainsmentioning

confidence: 99%

A Multi-Round Zero Knowledge Proof Algorithm for Secure IoT and Blockchain Environments

Rani,

Janakiraman,

Chandra

et al. 2023

IJSSE

View full text Add to dashboard Cite

Presented herein is a novel algorithm for multi-round, zero-knowledge proof (ZKP), devised specifically for authenticating factorisation proofs within a variety of cryptographic applications. This advanced algorithm, while maintaining computational complexity within acceptable bounds, offers a secure and proficient solution. The functionality of the algorithm is marked by multiple rounds of interaction between the Prover and Verifier. Initially, the Prover generates a random value and calculates a commitment. Subsequently, the Verifier issues a random challenge, eliciting a computed response from the Prover. To validate the proof, the Verifier verifies the equality of the commitment and the computed response. Efficaciousness of the proposed multi-round ZKP algorithm is demonstrated across diverse input sizes and parameters. Results indicate a success rate exceeding 90% on average, showcasing the robustness of the method. The recurring interaction between the Verifier and Prover enhances the Prover's authentication, thereby improving the algorithm’s reliability. Implementation of the algorithm, achievable through standard cryptographic tools and protocols, can fortify the security of multiple cryptographic applications. A significant application can be found in Digital Identity Management Systems (DIMS). Currently, these systems are vulnerable to a myriad of threats, including identity spoofing, data breaches, and internal security risks. The application of the ZKP algorithm can simultaneously augment security and withhold sensitive information, potentially transforming the DIMS security landscape. Future research may focus on improving the efficiency and scalability of the multi-round ZKP algorithm. There also remains a vast potential for exploring additional applications of this technique within various cryptographic domains.

show abstract

Section: Applications Of Multi-round Zkp In Various Research Domainsmentioning

confidence: 99%

A Multi-Round Zero Knowledge Proof Algorithm for Secure IoT and Blockchain Environments

Rani,

Janakiraman,

Chandra

et al. 2023

IJSSE

View full text Add to dashboard Cite

show abstract

Management Cases Studies and Technical Use Cases on Web 3

Yadav,

Sagi

2024

Decentralizing the Online Experience With Web3 Technologies

View full text Add to dashboard Cite

This chapter involves numerous examples, using management cases and technology use cases, to understand the practical uses of Web 3 technologies. A discussion is had on Web 3 foundational concepts such as smart contracts, decentralized applications, decentralized identity and authentication, data privacy and control, and supply chain traceability. Then, cases related to DeFi, content monetization, decentralized exchanges, P2P lending, anonymized payments, lending platforms, stablecoins, financial inclusion and democratization, and autonomous funding are discussed. Tokenization led to the evolution of a new digital economy, and along with NFTs, the way digital art, real estate, and memorabilia are managed has changed. DAO is changing the way organizations work and are governed. Web 3 has several social applications and privacy-preserving technologies. Finally, interoperability options of Web 3 are discussed.

show abstract

Decentralized Application (DApp) for Microfinance Using a Blockchain Network

Cited by 2 publications

References 14 publications

A Multi-Round Zero Knowledge Proof Algorithm for Secure IoT and Blockchain Environments

A Multi-Round Zero Knowledge Proof Algorithm for Secure IoT and Blockchain Environments

Management Cases Studies and Technical Use Cases on Web 3

Contact Info

Product

Resources

About