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Blockchain Technology for Better Security by Using Two-Way Authentication Process

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Micro-Electronics and Telecommunication Engineering

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 617))

Abstract

In today’s era, blockchain is an emerging and successful technology. Blockchain has an incredible impact on many companies or trades that can change society’s problems in several regions. Due to the invention of blockchain, the cryptocurrency is manufactured and Bitcoin which is the initial digital crypto-forex. It is a document that can visibly give each Bitcoin’s transaction, this is a computer-generated supply of chunks, while the blockchain skills are additionally more consistent and have suitable contributions such as the protection difficulties, and commanding the original or progressive circumstances at the back are also have many dynamic points that need to pay attention. The main problem related to the blockchain is the protection of data with maintaining confidentiality by giving access to the right person; at present, certain studies are there on the blockchain, but there is the absence of a logical assessment on the protection of the data. This research paper delivers a methodical aspect of the protection risks to blockchain and talks about by what means two-way authentication (2-WA) can be established to manage the absence of capacity of individual verification formations. The paper presents the leading fact of blockchain production along with its enhanced confidentiality and the implementation of 2-WA to the block/chunk for an additional level of protection. 2-WA is the primarily valuable element of security that is used to keep data privately and run smoothly without any intervention. In addition, this research paper contains an assessment of the improvement of security solutions for blockchain that can be utilized in the advancement of various blockchain structures and advise some future instructions to do research attempts hooked on this site.

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References

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Correspondence to Ayasha Malik .

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Malik, A., Srivastava, J., Bhushan, B., Parihar, V., Anoop, V.S., Alkhayyat, A. (2023). Blockchain Technology for Better Security by Using Two-Way Authentication Process. In: Sharma, D.K., Peng, SL., Sharma, R., Jeon, G. (eds) Micro-Electronics and Telecommunication Engineering . Lecture Notes in Networks and Systems, vol 617. Springer, Singapore. https://doi.org/10.1007/978-981-19-9512-5_45

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  • DOI: https://doi.org/10.1007/978-981-19-9512-5_45

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-19-9511-8

  • Online ISBN: 978-981-19-9512-5

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