Abstract

The primary concerns with manual transactions include corruption, lack of transparency, fraud, and mismanagement of distribution operations, all of which are created by traditional centralized applications, necessitating the migration to blockchain technology. In this work, a system is presented to secure and monitor correspondence between several nodes and store it in a decentralized database in order to secure distributed ledger transactions and safeguard against fraud and tampering when transactions are shared by multiple parties. The hashing that blockchain technology delivers in each transaction ensures a high level of security. The hashing associated with each transaction confirms all sending and receiving transactions. When a transaction is sent from one node to another, the other node checks the hash accompanying the transaction to see if it came from a registered node or an external node. Within the blockchain system, the nodes will check transaction correspondences. The system has demonstrated its effectiveness by delivering a more secure messaging system with high credibility and tamper resistance. In addition, the time it takes to authenticate will be in real time. Index Terms— Blockchain, Consensus procedure, Hashing, Blockchain in Governance.

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