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Techniques for Private Transactions in Corporate Blockchain Networks

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dc.contributor.authorKonkin, A.
dc.contributor.authorZapechnikov, S.
dc.contributor.authorЗапечников, Сергей Владимирович
dc.date.accessioned2024-11-29T15:27:19Z
dc.date.available2024-11-29T15:27:19Z
dc.date.issued2021
dc.description.abstract© 2021 IEEE.Blockchain platforms are generally applied to automate operations using a trusted environment with broadcast messaging and distributed data storing. At the same time corporates still have business requirements to also send confidential peer-to-peer messages or private transactions. Mainly these requirements derive from the law obligations (bank secrecy, GDPR, etc.) and the necessity to protect competitive market advantages. Blockchain platforms for public networks ignore requirements for private transactions due to user anonymity and the absence of personal data in blockchain networks. Enterprise blockchain platforms for corporate networks mostly address confidential issues by transferring private data through trusted third parties (TTP) or intermediaries, and off-chain peer-to-peer messaging. However, these approaches miss core blockchain advantages of a trusted environment-immutability and integrity of private data. This article introduces a new technique and its implementation of private transactions in a blockchain that is based on both off-chain peer-to-peer messaging with confidential data and broadcast transactions that contain hashes of private data to verify immutability and integrity. The article provides technical details of the method, also performance issues are discussed.
dc.format.extentС. 2356-2360
dc.identifier.citationKonkin, A. Techniques for Private Transactions in Corporate Blockchain Networks / Konkin, A., Zapechnikov, S. // Proceedings of the 2021 IEEE Conference of Russian Young Researchers in Electrical and Electronic Engineering, ElConRus 2021. - 2021. - P. 2356-2360. - 10.1109/ElConRus51938.2021.9396228
dc.identifier.doi10.1109/ElConRus51938.2021.9396228
dc.identifier.urihttps://www.doi.org/10.1109/ElConRus51938.2021.9396228
dc.identifier.urihttps://www.scopus.com/record/display.uri?eid=2-s2.0-85104713583&origin=resultslist
dc.identifier.urihttp://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcAuth=Alerting&SrcApp=Alerting&DestApp=WOS_CPL&DestLinkType=FullRecord&UT=WOS:000669709802082
dc.identifier.urihttps://openrepository.mephi.ru/handle/123456789/24025
dc.relation.ispartofProceedings of the 2021 IEEE Conference of Russian Young Researchers in Electrical and Electronic Engineering, ElConRus 2021
dc.titleTechniques for Private Transactions in Corporate Blockchain Networks
dc.typeConference Paper
dspace.entity.typePublication
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