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Reseach Article

A Survey on Blockchain for Enabling Transparency in transactions of Government Direct Benefit Transfers (DBT)

by Mansi Borole, Abhishek Nilange, Karan Velhal, Tanmay Joshi
International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 181 - Number 47
Year of Publication: 2019
Authors: Mansi Borole, Abhishek Nilange, Karan Velhal, Tanmay Joshi
10.5120/ijca2019918637

Mansi Borole, Abhishek Nilange, Karan Velhal, Tanmay Joshi . A Survey on Blockchain for Enabling Transparency in transactions of Government Direct Benefit Transfers (DBT). International Journal of Computer Applications. 181, 47 ( Apr 2019), 27-31. DOI=10.5120/ijca2019918637

@article{ 10.5120/ijca2019918637,
author = { Mansi Borole, Abhishek Nilange, Karan Velhal, Tanmay Joshi },
title = { A Survey on Blockchain for Enabling Transparency in transactions of Government Direct Benefit Transfers (DBT) },
journal = { International Journal of Computer Applications },
issue_date = { Apr 2019 },
volume = { 181 },
number = { 47 },
month = { Apr },
year = { 2019 },
issn = { 0975-8887 },
pages = { 27-31 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume181/number47/30470-2019918637/ },
doi = { 10.5120/ijca2019918637 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-07T01:09:21.990626+05:30
%A Mansi Borole
%A Abhishek Nilange
%A Karan Velhal
%A Tanmay Joshi
%T A Survey on Blockchain for Enabling Transparency in transactions of Government Direct Benefit Transfers (DBT)
%J International Journal of Computer Applications
%@ 0975-8887
%V 181
%N 47
%P 27-31
%D 2019
%I Foundation of Computer Science (FCS), NY, USA
Abstract

Blockchain has a great potential in distributed shared peer to peer ledger like spreadsheets that record any transaction. A copy of ledger is shared between all stakeholders. Blockchain plays an important role for secure decentralization and brings more transparency to the system. Traditionally, within the society, people have created trust through intermediaries. They use these third party entities because they trust that they will store and protect their goods and send the right amount when they request it, and to the right person. In Government sector, there is a critical need to have more transparency in transactions and so this system has been designed as an effective mechanism to avoid the corruption. Blockchain technology provides the transparency so that actors present in this use case can track the flow of any transaction. Any transaction pertaining to DBT (Direct Benefit Transfer) is recorded. Blockchain replaces the need for intermediaries by redirecting the trust to decentralized systems.

References
  1. Satoshi Nakamoto, “Bitcoin: A Peer-to-Peer Electronic Cash System”
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  3. Pilkington, Marc. (2016). Blockchain Technology: Principles and Applications.
  4. P. Rogaway, "Nonce-Based Symmetric Encryption," in International Workshop on Fast Software Encryption, Delhi, India, 2004.
  5. J. Mattila, "The Blockchain Phenomenon – The Disruptive Potential of Distributed Consensus Architectures," ETLA Working Papers, 2016
  6. Sunny King, Scott Nadal, "PPCoin: Peer-to-Peer Crypto-Currency with Proof-of-Stake" 2012.
  7. P. Rogaway, "Nonce-Based Symmetric Encryption," in International Workshop on Fast Software Encryption, Delhi, India, 2004
  8. Christian Cachin, “Architecture of the Hyperledger Blockchain Fabric” IBM Research - Zurich CH-8803 Ruschlikon, Switzerland, July 2016.
  9. “Hyperledger Fabric Project,” https://hyperledger-fabric.readthedocs.io/en/release/
Index Terms

Computer Science
Information Sciences

Keywords

Blockchain Distributed Ledger Technology Transparency Hyperledger Cryptography