An Efficient Technique for Managing user Information using Ethereum Network

Abstract

Due to enormous increase in development of technology maintenance of user’s information has become major concern. However, user’s information has been effectively maintained by the third parties but the problems with the current system are cost has been increased for maintaining information, lack of transparency and fairness, overuse of power and nature of opaqueness in the current system. So distributed system/ledger i.e., Blockchain came into existence to solve the problems encountered with the current system. The advantages of the proposed distributed system are cost is negligible by eliminating the need of third parties, effectively enhancing the execution speed of transactions and facilitating its reconciliation, maintaining transparency thereby ensuring integrity of user’s information. In this paper, we introduce Ethereum based blockchain network for maintaining user’s information through smart contracts. Experimental results shows that how effectively user’s information has been maintained through blockchain based networks.