Paper Key : IRJ************527
Author: Sanika Lawande,Komal Malekar,Harshada Mache,Harshit Pawar
Date Published: 09 Nov 2024
Abstract
Potential threats from viruses, malware, adware and hackers are constant. In the last couple of years, many massive global companies were hacked and compromised. In some cases, this has led to the leakage of confidential and private information, including bank details, addresses, and transactions etc., with a strong security system in place where these things can be stopped before they are close to the data private of the company. This is not only important in terms of confidentiality but also to avoid the expensive fines that are imposed on companies that do not successfully protect customer information. The project is a verification system that verifies the user to access the system only when they have the correct input credentials. The project involves user certificates i.e. Modules. There are many types of security credentials are available. So, in this proposed system we implement custom blockchain for baking security and user authentication purpose. By using this level of authentications there is less chance for hacking and loss of confidential data. Also, in todays scenario safer bank transactions is required as the technology is improved in the field of security. They have also entered the fields like industry medicine telecommunication and home automation etc. Blockchain is basically a distributed ledger. It can store facts like who owns a particular piece of land or say a bond. The technology can be used to keep an immutable record of ownership and enable transaction of the asset amongst distrusting parties.Keywords: -Custom Blockchain, Distributed Ledger, Authentications, Confidentiality, Transactions, Security System, Verification System, Credentials, Baking Security
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