Framework for dynamic block sizing in secured and efficient transaction systems
Priyanka Chorey,
Neeraj Sahu
Abstract:In the age of the Internet of Things (IoT), secure online payment systems are crucial, especially in the banking sector. This study introduces an innovative hybrid access control-enabled consensus algorithm within a checkpoint-enabled blockchain model designed for secure banking transactions. Utilizing smart contracts and an advanced consensus algorithm, the model establishes a robust network security framework while expediting transaction processes. Incorporating checkpoints ensures secure block mining, boost… Show more
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