UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 2
February-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1902857


Registration ID:
196873

Page Number

396-399

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Title

BLOCKCHAIN- A SECURE MODE FOR TRANSACTION

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 give 100% 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 the 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, blockchain 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.Which is already done in case of cryptocurrency.

Key Words

Blockchain, Cryptography, P2P (peer-to-peer) network, Hashing, Cryptocurrency

Cite This Article

"BLOCKCHAIN- A SECURE MODE FOR TRANSACTION ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 2, page no.396-399, February-2019, Available :http://www.jetir.org/papers/JETIR1902857.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"BLOCKCHAIN- A SECURE MODE FOR TRANSACTION ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 2, page no. pp396-399, February-2019, Available at : http://www.jetir.org/papers/JETIR1902857.pdf

Publication Details

Published Paper ID: JETIR1902857
Registration ID: 196873
Published In: Volume 6 | Issue 2 | Year February-2019
DOI (Digital Object Identifier):
Page No: 396-399
Country: MUMBAI, MAHARASHTRA, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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