Authenticity of Credentials using Blockchain (KEY IJP************415)

• Sakshi Mokal,Manashri Mhatre,Tithi Nayek,Ayesha Pathan

Abstract

As experts and scientists have already taught us, data on the internet is not secure, and anyone with strong hacking abilities can quickly access your system. Nevertheless, this is no longer the case because of the recently developed blockchain technology, which has made it feasible to protect and maintain the privacy of our data. Blockchain technology will be used in the near future by a large number of companies and organizations to protect private data and conduct financial transactions. In this work, we suggest a blockchain system that financial institutions can use for KYC document verification. Additionally, this paper will clarify some of the key elements of blockchain use.