Enabling Trust and Privacy Preserving E-KYC System Using Blockchain

Authors

  • Prof. Nalawade V.S.  Department of Computer Engineering, S. B. Patil College of Engineering, Indapur, Pune, Maharashtra, India
  • Ahire Kunal  Department of Computer Engineering, S. B. Patil College of Engineering, Indapur, Pune, Maharashtra, India
  • Divate Devendra  Department of Computer Engineering, S. B. Patil College of Engineering, Indapur, Pune, Maharashtra, India
  • Pawar Saurabh  Department of Computer Engineering, S. B. Patil College of Engineering, Indapur, Pune, Maharashtra, India

Keywords:

E-KYC, Authentication, CP-ABE, Identity Verification, Authorization System, blockchain,.

Abstract

Banks and identity providers use the electronic Know Your client (e-KYC) system to set up client identity verification procedures with reliant parties. Because cloud-based e-KYC systems are more accessible and efficient with resources, many banks choose them. But e-KYC data security in the cloud is a serious issue. Strong authentication and conventional encryption are generally used in existing e-KYC platforms, which results in encryption dependencies and administration overheads when files are uploaded to the cloud. In this work, we introduce the “e-KYC Trust Block,” a revolutionary blockchain-based e-KYC solution that improves trust, security, and privacy compliance through the use of ciphertext policy attribute-based encryption (CP-ABE) and client consent enforcement. Furthermore, we present attribute-based encryption to support privacy protection and granular access control for delicate transactions recorded in the blockchain.

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IInternational Journal of Scientific Research in Computer Science, Engineering and Information Technology

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Published

2023-10-30

Issue

Volume 9, Issue 10, September-October-2023

Section

Research Articles

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This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
Prof. Nalawade V.S., Ahire Kunal, Divate Devendra, Pawar Saurabh, " Enabling Trust and Privacy Preserving E-KYC System Using Blockchain" International Journal of Scientific Research in Computer Science, Engineering and Information Technology(IJSRCSEIT), ISSN : 2456-3307, Volume 9, Issue 10, pp.01-09, September-October-2023.