Blockchain and the Identity based Encryption Scheme for High Data Security

Using the blockchain technology to store the privatedocuments of individuals will help make data more reliable and secure, preventing the loss of data and unauthorized access. The Consensus algorithm along with the hash algorithms maintains the integrity of data simultaneously providing authentication and authorization. The paper incorporates the block chain and the Identity Based Encryption management concept. The Identity based Management system allows the encryption of the user’s data as well as their identity and thus preventing them from Identity theft and fraud. These two technologies combined will result in a more secure way of storing the data and protecting the privacy of the user.