Immutable Digital Recognition via Blockchain
By: Zeng Zhang, Xiaoqi Li
Potential Business Impact:
Makes digital money and records safer and fairer.
The development of blockchain technology has significantly enhanced the security and transparency of personal information and transaction records. Concurrent with the advancement of blockchain technology and the emergence of the digital currency ecosystem, the internet has evolved from a paradigm dominated by information flow to one driven by value flow. Consequently, the concept of token has gained widespread dissemination, and the electronic token under investigation in this thesis is a development of this concept. The application of electronic tokens has become pervasive with the development of the internet, but the functionality of these tokens is often limited, and issues related to trust remain significant challenges. This study proposes innovative solutions to address the deficiencies in traditional electronic token systems, including the issuance of tokens, the heterogeneity of issuance standards, and the lack of democracy. The solutions are based on distributed storage, anti-tampering mechanisms, consensus protocols, and transparent, traceable storage. Additionally, the study employs NFTs, smart contracts, and RSA blind signatures, among other key technologies, to construct a system based on blockchain technology. The process integrates the decentralised management and centralised operation models, aligning them with the national policy directives. The developed solution enables the full utilisation of blockchain technology's advantages while also fostering community participation. Consequently, it establishes a secure, legal, reliable, and dynamic electronic certification system.
Similar Papers
Immutable Digital Recognition via Blockchain
Cryptography and Security
Creates safe, legal, and trustworthy digital certificates.
Blockchain Signatures to Ensure Information Integrity and Non-Repudiation in the Digital Era: A comprehensive study
Cryptography and Security
Secures online money transfers, proving who sent what.
Implementation and Security Analysis of Cryptocurrencies Based on Ethereum
Computational Engineering, Finance, and Science
Makes online money safer from hackers.