Know Your Customer (KYC) Implementation with Smart Contracts on a Privacy-Oriented Decentralized Architecture

Kapsoulis, Nikolaos; Psychas, Alexandros; Palaiokrassas, Georgios; Marinakis, Achilleas; Λίτκε, Αντώνιος; Varvarigou, Theodora

doi:10.3390/fi12020041

Cited by 32 publications

(14 citation statements)

References 18 publications

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“…Such mechanisms can prevent the majority and Sybil attacks. The additional privacy preservation mechanisms such as privacy by design [111], [112] and TEE [113], [114] can be integrating to prevent privacy leakages in blockchain based 6G services [115], [116].…”

Section: A Distributed Ledger Technology (Dlt)mentioning

confidence: 99%

The Roadmap to 6G Security and Privacy

Porambage

Gûr

Osorio

et al. 2021

IEEE Open J. Commun. Soc.

222

103

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Although the fifth generation (5G) wireless networks are yet to be fully investigated, the visionaries of the 6th generation (6G) echo systems have already come into the discussion. Therefore, in order to consolidate and solidify the security and privacy in 6G networks, we survey how security may impact the envisioned 6G wireless systems, possible challenges with different 6G technologies, and the potential solutions. We provide our vision on 6G security and security key performance indicators (KPIs) with the tentative threat landscape based on the foreseen 6G network architecture. Moreover, we discuss the security and privacy challenges that may encounter with the available 6G requirements and potential 6G applications. We also give the reader some insights into the standardization efforts and research-level projects relevant to 6G security. In particular, we discuss the security considerations with 6G enabling technologies such as distributed ledger technology (DLT), physical layer security, distributed AI/ML, visible light communication (VLC), THz, and quantum computing. All in all, this work intends to provide enlightening guidance for the subsequent research of 6G security and privacy at this initial phase of vision towards reality.

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Section: A Distributed Ledger Technology (Dlt)mentioning

confidence: 99%

The Roadmap to 6G Security and Privacy

Porambage

Gûr

Osorio

et al. 2021

IEEE Open J. Commun. Soc.

222

103

View full text Add to dashboard Cite

show abstract

“…This system is used for the traceability of the product information but it is not used for the privacy of the product data, the product data is visible for every user of the public ledger. In [18], a decentralized system is proposed that enables users to keep their privacy in permissioned blockchain. The system implements two smart contracts, the first smart contract is used by the user to upload their documents to the Inter Planetary File System (IPFS) storage, and through the second smart contract, the admin registers the users into the system.…”

Section: Literature Reviewmentioning

confidence: 99%

Privacy Preservation for On-Chain Data in the Permission less Blockchain using Symmetric Key Encryption and Smart Contract

Ziar

Irfanullah

Khan

et al. 2021

Mehran Univ. res. j. eng. technol.

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Blockchain technology provides several suitable characteristics such as immutability, decentralization and verifiable ledger. It records the transactions in a decentralized way and can be integrated into several fields like eHealth, e-Government and smart cities etc. However, blockchain has several privacy and security issues, one of them is the on-chain data privacy. To deal with this issue we provide a privacy-preserving solution for permission less blockchain to empower the user to take control of transaction data in the open ledger. This work focuses on designing and developing the peer-to-peer system using symmetric cryptography and ethereum smart contract. In this scheme, we create smart contracts for the interaction of the data provider, data consumer, and access control list. Data providers register authorized users in the access control list. Data consumers can check their validity in the access control list. After successful validation, data consumers can request the security key from data providers to access secret information. Based on successful validation, a smart contract that is created between the data provider and data consumer is executed to send a key to the data consumer for accessing the secret information. The smart contracts of this proposed model are modeled in solidity, and the performance of the contracts is assessed in the Ropsten test network.

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“…The blockchain could likewise store directions, as a customer behaviour in Fintech, for how the substance makers would be made up for the tune or music, and how the clients can get to it [2]. The imaginative highlights that can be offered with blockchain innovation are, among others, the capacity to have profoundly customized administrations, whereby client IDs, profiles, inclinations and history will be available at whatever point required by the clients and for each medium substance that is made, expended, shared, suggested or additionally dissected, and the manageability of media substance and administrations since the blockchain innovation can ensure a long-lasting, scalable and disruptive revenue-based business model that can enhance the financial and technical sustainability of media and services.…”

Section: Introductionmentioning

confidence: 99%

“…An individual trader works their business without being founded on the strategies and conditions for setting up a lawful business, while a legitimate vendor builds up their business dependent on the methodology and arrangements for the foundation of a fused business substance. N Kapsoulis et. Al (2020), Focus on his research by implementing KYC in privacy documents to provide security in contact with approved documents.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Dynamic Control Financial Supervision (OJK) for Growth Customer Behavior using KYC System

Syah¹

2020

Preprint

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Uncertainty to differing dealer business entertainers is particularly trademarking these days; its variations particularly rely upon the kind of business on-screen characters, particularly computerized organizations. In this paper, allude to E-Metrics, where each trader and biller are gotten in client conduct exercises under the term Financial Technology "securing". Regulations in Indonesia in financial supervision (OJK). Business on-screen characters will in general keep on contending in organizing advancement with the goal that a Know Your Customer (KYC) system is required as execution to encourage the increasing speed of manageable business under vulnerability in business openings, in difficulties of electronical kind, or purported e-measurements

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Know Your Customer (KYC) Implementation with Smart Contracts on a Privacy-Oriented Decentralized Architecture

Cited by 32 publications

References 18 publications

The Roadmap to 6G Security and Privacy

The Roadmap to 6G Security and Privacy

Privacy Preservation for On-Chain Data in the Permission less Blockchain using Symmetric Key Encryption and Smart Contract

Dynamic Control Financial Supervision (OJK) for Growth Customer Behavior using KYC System

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