A Blockchain Ethereum Technology-Enabled Digital Content: Development of Trading and Sharing Economy Data
Umair Khan, Zhang Yong An, Azhar Imran
Abstract
The idea of a shared economy becomes one of the companies as an enterprise type. Especially with the advanced development of digital smart devices and the internet, several forms of the mutual economy have been advanced in accord with the need for sharing of separate income. Shareable commodity and digital content are also seeking to utilize. When digital content is used as a sharing economy, various possible threats may arise in the course of transactions, the potential for theft, alteration, and hacking of contents. This paper presents a comprehensive overview of the security and privacy of Blockchain. Blockchain promise transparent, tamper-proof and secure systems that can enable novel solutions, especially when combined with smart contracts. In this research, we proposed a content protection and transaction method using Blockchain Ethereum Technology. The encryption algorithm is incorporated in proposed system to make transparent transactions and it is also implemented on content itself to prevent from smart forgery and hacking. The experimental results signify that the proposed method has strong potential to enhance transactions transparency by minimizing the security threats in digital content transactions.