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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016 open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15 |
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| Paper Title: | Block chain based transaction settlement system |
| Authors Name: | Sugasani Gowtham , S. Abhishek , S.Bharath , R.Femimol |
| Unique Id: | IJSDR2404071 |
| Published In: | Volume 9 Issue 4, April-2024 |
| Abstract: | Blockchain is growing as a potentially Out of line force capable of changing the financial services industry by making the fund transfer immediate, cheaper, and more secure. Current existing system is not secure enough to give100% fraud protection because of more manual work and lack of security of data. Blockchain is nothing but a chain made of blocks (nodes). These process node does all major work. These blocks are connected to each other using cryptography. This system will be more expeditious, more efficient, and has user. Affectional interfaces in the banking and has zero probability of losing data while processing of the user data. In integration to enabling trade, block chain is larceny-and tamper-resistant model, it eliminates errors and the duplication, block chain is ideal for reserving the data in blocks and using a tamper-proof hash format, so the data can be securely stored by bank and make the current existing system much more secure and faster. |
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| Cite Article: | "Block chain based transaction settlement system ", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.9, Issue 4, page no.474 - 479, April-2024, Available :http://www.ijsdr.org/papers/IJSDR2404071.pdf |
| Downloads: | 000338174 |
| Publication Details: | Published Paper ID: IJSDR2404071 Registration ID:210791 Published In: Volume 9 Issue 4, April-2024 DOI (Digital Object Identifier): Page No: 474 - 479 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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