Enhancing e-KYC Security and Privacy: Harnessing Quantum Computing and Blockchain in Web 3.0

Abstract

By implementing a successful and effective Electronic- Know Your Customer (e-KYC) infrastructure, conventional defects and expenses may be greatly reduced. Strong authentication procedures are used by existing e-KYC solutions to guarantee safety and confidentiality. However, these technologies have shortcomings like as key administration expenses and dependency on encryption. We suggest a revolutionary strategy that integrates blockchain technology, Web 3.0, and quantum computing to get around these restrictions. In this research, we show how current e-KYC processes could possibly be improved, making them faster and more reliable, by integrating Web 3.0 with quantum computing. Our solution makes it simple to quickly verify several consumers, increasing productivity. We provide improved safety for online requests, transcending the weaknesses inherent in traditional encryption techniques by utilizing quantum computing technology and applying the concept of quantum encryption key methodology. We contribute to the development of safe and private solutions by addressing the shortcomings of the present e-KYC systems. The results of our research show how Web 3.0 and quantum computer technology have the power to completely alter the e-KYC environment