DISTRIBUTED LEDGER TECHNOLOGY FOR FILE SHARING SYSTEM

Abstract

Distributed ledger technology (DLT) as an rising alternative for improving safety and transparency in reportsharing structures is very promising. In this regard, the existing have a look at is providing a blockchain-based system for file sharing where allotted ledgers may be used to conquer the restrictions of centralized structures. To make certain that the records shared is secure, unchangeable, and necessary, the gadget applies consensus, hashing, and encryption strategies. The use of clever contracts lets in for automatic execution of documentsharing transactions in a steady manner, thus lowering the capability risks associated with fraud or prison troubles. Furthermore, users are furnished with more control by letting them specify permissions and get right of entry to constraints for his or her documents. To make it smooth to use the blockchain and combine those technologies, the system makes use of decentralized file storage primarily based on Blockchain. Also, the databases used by this machine are FileCoin for login information and Web3 Token for document sharing and storing, which brings protection into the scene, makes storage decentralized, and increases transparency.