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Securing and Validating sensitive data/Credentials through use of DLT/Blockchain algorithm - Prototype phase

Securing and Validating sensitive data/Credentials through use of DLT/Blockchain algorithm - Prototype phase

May 20, 2022

Innovation Tagline:  Transactions Made Secure 

Project Keywords:  #DLT #avoid-theft #Blockchain #data-security

Project Members

  1. Ashfaque Ahamed F @Ashfaque Ahamed ( CSE Student at Mohamed Sathak A.J College of Engineering - https://www.linkedin.com/in/ashfaque-ahamed-f-520746213/)

  2. Parnandhi Rohan @Parnandhi Rohan ( IT Student at Mohamed Sathak A.J College of Engineering - https://www.linkedin.com/in/parnandhi-rohan-9368aa1ab/ )

  3. Abrar Musharraf P @Abrar Musharraf (CSE Student at Mohamed Sathak A.J College of Engineering - https://www.linkedin.com/in/abrar-musharraf-ab5a50230 )

  4. Imaam Jaffar J @Imaam Jaffar  (IT Student at Mohamed Sathak A.J College of Engineering - https://www.linkedin.com/in/imaam-jaffar-j-550374233)

 

Project Deck

 

 

Project Video

Solution

  • We will use DLT to securely store our sensitive credentials.

  • To provide a key to trusted clients/service providers granting them access and completing transactions securely

  • DLT/Blockchain is a decentralized technology. It is virtually impossible to access and manipulate data in an event of a cyber attack.

  • How we could potentially use DLT/Blockchain for data storing:

  • Break up data into chunks.

  • Encrypt the data so that you are the only one with access to it.

  • Distribute files across a network in a way that means all your files are available, even if part of the network is down.

 

 

Project Plan

Main Objective is:

  • To revolutionize cloud storage by putting the user back in control over their devices and their data.

  • The decentralized aspect of DLT means there are no central servers to be compromised, and because of the use of client-side encryption, only the end users have access to their un-encrypted files and encryption keys.

To do this:

  • Research more into DLT and its applications thoroughly

  • Develop a platform to store these credentials securely

  • Give users control of what they want to store, edit and delete whenever they want with an encryption key

  • Provide transparency through the use of DLT

  • Market Research

  • Finding Investors and Funding to further develop this idea