Paper Title
KYC Verification System Using Blockchain
Article Identifiers
Authors
Prof. Atiya R. Kazi , Shweta Sharad Salgaonkar , Shankar Sitaram Parab , Mahadev Vijay Tamhanekar
Keywords
Blockchain, Know-your-customer, KYC, Blockchain identity, Distributed ledger technology, DLT.
Abstract
In today's digital age, data security is a significant concern, and traditional methods of safeguarding information are no longer adequate. However, with the advent of blockchain technology, data can now be secured and kept private. This revolutionary technology has the potential to transform industries and businesses, particularly in the financial sector. In this paper, we propose a blockchain-based system for KYC document verification in financial institutions, which will enhance the security and privacy of customer data. We will also discuss the fundamental principles and benefits of using blockchain technology, such as transparency, immutability, and decentralization. As blockchain continues to gain traction, we can expect to see its widespread adoption in various sectors, including healthcare, logistics, and supply chain management. By providing a secure and tamper-proof platform for data sharing, blockchain has the potential to revolutionize the way we conduct transactions and store confidential information.
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How To Cite (APA)
Prof. Atiya R. Kazi, Shweta Sharad Salgaonkar, Shankar Sitaram Parab, & Mahadev Vijay Tamhanekar (April-2023). KYC Verification System Using Blockchain. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(4), d438-d442. https://ijnrd.org/papers/IJNRD2304362.pdf
Issue
Volume 8 Issue 4, April-2023
Pages : d438-d442
Other Publication Details
Paper Reg. ID: IJNRD_191788
Published Paper Id: IJNRD2304362
Downloads: 000121989
Research Area: Information TechnologyÂ
Country: Sindhudurg, Maharashtra, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2304362.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2304362
About Publisher
Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
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Licence
This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition


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