Abstract

Blockchain technology provides several suitable characteristics such as immutability, decentralization and verifiable ledger. It records the transactions in a decentralized way and can be integrated into several fields like eHealth, e-Government and smart cities etc. However, blockchain has several privacy and security issues, one of them is the on-chain data privacy. To deal with this issue we provide a privacy-preserving solution for permission less blockchain to empower the user to take control of transaction data in the open ledger. This work focuses on designing and developing the peer-to-peer system using symmetric cryptography and ethereum smart contract. In this scheme, we create smart contracts for the interaction of the data provider, data consumer, and access control list. Data providers register authorized users in the access control list. Data consumers can check their validity in the access control list. After successful validation, data consumers can request the security key from data providers to access secret information. Based on successful validation, a smart contract that is created between the data provider and data consumer is executed to send a key to the data consumer for accessing the secret information. The smart contracts of this proposed model are modeled in solidity, and the performance of the contracts is assessed in the Ropsten test network.

Highlights

  • A blockchain can be described as a distributed records database

  • Different sectors have the potential of taking individuals and companies are still worried about the advantage of blockchain technology in improving privacy of their data to integrate blockchain in their their efficiencies and creating sustainable business as the data shared is in a public network and development

  • The smart contract is used as an agreement between two parties, ethereum blockchain allows users to create a smart contract for different problems

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Summary

INTRODUCTION

A blockchain can be described as a distributed records database It is comprised of encrypted blocks of smaller datasets that serve as a public ledger of all digital events or transactions executed and shared by participating parties. A private or permissioned blockchain network is mainly designed and developed for exchanging data and information within an organization or between a group of listed people. Blockchain offers sustainable future with the application of blockchain distributed transactional ledger functionalities that technology. The. Different sectors have the potential of taking individuals and companies are still worried about the advantage of blockchain technology in improving privacy of their data to integrate blockchain in their their efficiencies and creating sustainable business as the data shared is in a public network and development.

LITERATURE REVIEW
Access control list
Open Ledger
SendKey smart contract
AND DISCUSSION
Safety Analysis permissionless blockchain to secure any private
CONCLUSION
Full Text
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