Analysis of Secured Hash Algorithm-256 in a Blockchain-Based Money Transaction System

Blockchain is not an antique term in the history of computer programming. Introduced and developed only in the last decade, Blockchain has become the first choice of all cyber security engineers. The study is concentrated on the integration of blockchain technology with a few of the strongest hashing algorithms with a focus on SHA-256. The study aims to create and compare adequate and feasible methods to enhance the accuracy and confidence among various enterprises whose systems accompany blockchainbased transactions. The study acknowledges that there has been an increase in the use of Bitcoin in the international market. With the increase in investment in cryptocurrency, blockchain has become one of the most future-proof and sensitive technologies available in the market. The following context discusses the origin of blockchain, the platforms and scripts standardized, and the algorithms that are involved or have the potential to make blockchain cryptographically stronger. It demonstrates the need for a new paradigm to improve efficiency and accuracy.