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GRENZE International Journal of Engineering and Technology Vol. 9 (2023), Issue 1

A Novel Approach for Cross Xchange in Blockchain Technologies using Secure Authentication Protocol

Authors

Madhuri Surisetty, Nagalakshmi Vadlamani, Bhargava Ganthi

Abstract

Cybersecurity is the application of technologies, processes, and controls to secure systems, networks, programs, devices, and data from cyber threats. Cybersecurity aims to protect information from being stolen or compromised. We have 3 fundamental goals of security i.e., CIA Triad (Confidentiality, Integrity, Availability). It is said that Blockchain will alter the Cybersecurity of any business, making it possible to record the information without the possibility of damage, theft, or data loss. Blockchain is a decentralized technology containing information about all the actions performed through peer-to-peer networks. Many Cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc.., are using Blockchain technology for a decentralized network. Cryptocurrency is a digital currency that there is no central authority to control. The Cross-Chain transaction is the exchange between different Cryptocurrencies among multiple Blockchains. For a Cross-Chain transaction to happen, a third party must be involved. Our proposed work is to remove the third party in the middle and let the Cross-Chain transaction happen between only the participants for better authentication. This paper proposes an Authentication protocol to perform the Cross-Chain transaction without the involvement of a third- party.

Pages: 1458 - 1462