ICTACT Journal on Communication Technology

A. Sairam ¹, D. Sasikumar ², R. Sendhil Kumar ³, B. Yuvaraj ⁴

Affiliations
1 Department of Computer Science and Engineering, Karpaga Vinayaga College of Engineering and Technology, India., IN
2 Department of Computer Science and Engineering, Sphoorthy Engineering College, India., IN
3 Department of Master of Computer Application, Thirumalai Engineering College, India., IN
4 Department of Computer Science and Engineering, Thirumalai Engineering College, India., IN

Abstract

The blockchain technology has provided a revolutionary way of secure data storage and transfer. It is a distributed ledger technology (DLT) that creates a secure and immutable record of transactions. This technology has been used to create secure and reliable systems for financial institutions. The blockchain based security system provides a secure platform for financial institutions. It ensures that the transactions are secure and immutable. This technology has been used to create digital assets that can be securely stored and transferred. It also ensures that the transactions are transparent and secure. The blockchain technology can be used to enable secure transactions between financial institutions. By using the blockchain, financial institutions can create a secure platform for transactions. This will ensure that the transactions are secure and immutable. It also ensures that the transactions are transparent and secure. The blockchain technology can also be used to create a secure system for digital identity management. This will ensure that the digital identities of the users are secure and immutable. It also ensures that the users’ identity is protected and secure. The blockchain technology can also be used to create a secure platform for digital payments. This will ensure that the payments are secure and immutable. It also ensures that the payments are transparent and secure.

Keywords

Blockchain, Secure, Data Storage,Technology,Transactions, Financial Institutions.

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