A New Environment of Blockchain based Multi Encryption Data Transferring

Abstract

Blockchain is one of the technologies provided by the global distribution of computing power. Simply put, the blockchain is the digital ledger in which transactions are recorded. It all started with a desire to see a new form of security system for transferring confidential files. It aims to achieve many goals like decreasing the process time for transferring files to the other party, and reducing the overall expenses as the files are only transferred across the blockchain network with no need for the files to be uploaded and downloaded to the drive. More effective applications have the ability to share files via the technology of Blockchain. The great challenge is to build a private blockchain environment to send files and distribute them securely between parties, such as military institutions and others. In this paper, a private blockchain is built to overcome the side of the security through a secured file-sharing network. This private Blockchain can be utilized at various institutions. A high scale of security is obtained through using an important algorithm that takes into consideration a critical part of the field of cryptography to robustly encrypt the files. The latter ensures that no individual except for the receiver has the ability to access the files. As well, a sufficient speed was obtained when transferring the files, as compared to Ethereum with FTP. Finally, smart contracts have been designed to suit the transfer of files between nodes.