Research paper on Storing Documents on Blockchain 2021-2022
Creators
Description
As we know, each year millions of students graduate and the authorities that issue document have seemed to be compromised for the security credentials of student data. Due to a lack of good anti forge techniques, forged documents often get unnoticed. The use of physical copies of documents creates a huge workload as it involves manual verification, paper storage, and manual auditing. My application will use blockchain to store confidential Data like Aadhaar card, PAN card, Vaccine Certificate, etc. and to keep a public record. Documents can never be tempered as blockchain is immutable. There will be primary nodes and secondary nodes. Primary nodes being the official issuers and secondary will be individuals. Ethereum smart contract will be used for most of the blockchain related decisions, Smart contracts will be public as anyone can view the code and validate. it will be using off-chain solution for storage, new storage technology called IPFS (InterPlanetary File System). It is a distributed file system that is unbackable. It stores multiple copies of the data across different machines, for this any individual can give their storage to use and they will be paid with a native cryptocurrency token Strorenium $STRM, which will be listed on crypto exchanges after launch. People who provide more storage will be get a bigger share of STRM for every block. As Ethereum has high gas fees, we will be using Layer 2 solution like Polygon Network.
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IJCT-V9I2P32.pdf
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(595.8 kB)
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