|
|||||||||||||||
|
INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
||||||||||||||
Issue: May 2024
Volume 9 | Issue 5
Review Result and Publication of Paper within : 2-3 days
Click Here For more DetailsFor Authors
Forms / Download
Published Issue Details
Editorial Board
Other IMP Links
Facts & Figure
Impact Factor : 8.76
Issue per Year : 12
Volume Published : 9
Issue Published : 96
Article Submitted :
Article Published :
Total Authors :
Total Reviewer :
Total Countries :
Indexing Partner
Join RMS/Earn 300
Licence
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
|
Published Paper Details
|
|
| Paper Title: | KYC VERIFICATION USING CIPHERTEXT-POLICY ATTRIBUTE-BASED ENCRYPTION AND BLOCKCHAIN TECHNOLOGY |
| Authors Name: | Dhinagaran.V , Mrs. S. ARUNAKUMARI |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_213744
|
| Published Paper Id: | IJNRD2402191 |
| Published In: | Volume 9 Issue 2, February-2024 |
| DOI: | |
| Abstract: | The Know Your Customer (KYC) process plays a vital role in the financial industry, especially for banks and other financial institutions. Its main objective is to verify the identities of customers, ensuring their legitimacy. This verification is essential to prevent illicit activities such as money laundering and terrorism financing, which can have severe repercussions for both the financial sector and society. Historically KYC procedures have heavily relied on manual methods that are now considered outdated and problematic. These methods entail the collection and validation of various identification documents from customers, often involving extensive paperwork and in-person visits to physical bank branches. The manual nature of these procedures results in time-consuming processes and a heightened risk of errors In contrast blockchain-based KYC verification presents an innovative solution. It offers decentralization, immutability, and heightened security. Blockchain technology makes use of advanced encryption algorithms like Ciphertext-Policy Attribute-Based Encryption (CPABE) to reinforce security measures. The immutability of blockchain ensures the integrity and accuracy of KYC data. Once customer information is recorded on the blockchain, it becomes impossible to alter or delete it without proper authorization. This eliminates the risk of fraud and data tampering, addressing common issues in traditional KYC procedures. Financial institutions can rely on the precision of customer data and their adherence to regulatory requirements. |
| Keywords: | Dated, Time-consuming, Less Secure, Blockchain-based KYC Verification, Decentralized, Immutable, Secure Features, CPABE Algorithm |
| Cite Article: | "KYC VERIFICATION USING CIPHERTEXT-POLICY ATTRIBUTE-BASED ENCRYPTION AND BLOCKCHAIN TECHNOLOGY", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 2, page no.b775-b779, February-2024, Available :http://www.ijnrd.org/papers/IJNRD2402191.pdf |
| Downloads: | 000118775 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
| Publication Details: |
Published Paper ID:IJNRD2402191 Registration ID: 213744 Published In: Volume 9 Issue 2, February-2024 DOI (Digital Object Identifier): Page No: b775-b779 Country: Villupuram, Tamil Nadu, India Research Area: Engineering Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2402191 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2402191 |
| Share Article: |
|
|
Click Here to Download This Article |
|
| Article Preview | |
|
|
|
Major Indexing from www.ijnrd.org
| Semantic Scholar | Microsaoft Academic | ORCID | Zenodo |
| Google Scholar | ResearcherID Thomson Reuters | Mendeley : reference manager | Academia.edu |
| arXiv.org : cornell university library | Research Gate | CiteSeerX | PUBLON |
| DRJI | SSRN | Scribd | DocStoc |
ISSN Details
 |
 |
|
ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
Journal Starting Year (ESTD) : 2016
DOI (A digital object identifier)
Conference
Open Access License Policy
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Important Details
Social Media
Licence
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Join RMS/Earn 300
| Copyright © 2024 - All Rights Reserved - IJNRD |
Facebook Twitter Instagram LinkedIn