Enhancing e-KYC Security and Privacy: Harnessing Quantum Computing and Blockchain in Web 3.0
Authors: 
G. M. Faruk Ahmed, Imran Hasan, Md Soumike Hassan, Rahul Khan, Abu Jor Al Gefari, Zain Buksh, Joseph Liu, A B M Shawkat AliAuthors Info & Claims
G. M. Faruk Ahmed, Imran Hasan, Md Soumike Hassan, Rahul Khan, Abu Jor Al Gefari, Zain Buksh, Joseph Liu, A B M Shawkat AliAuthors Info & ClaimsArticle No.: 29, Pages 1 - 23
Abstract
By implementing a successful and effective Electronic-Know Your Customer (e-KYC) infrastructure, conventional defects and expenses may be greatly reduced. Strong authentication procedures are used by existing e-KYC solutions to guarantee safety and confidentiality. However, these technologies have shortcomings like as key administration expenses and dependency on encryption. We suggest a revolutionary strategy that integrates blockchain technology, Web 3.0, and quantum computing to get around these restrictions. In this research, we show how current e-KYC processes could possibly be improved, making them faster and more reliable, by integrating Web 3.0 with quantum computing. Our solution makes it simple to quickly verify several consumers, increasing productivity. We provide improved safety for online requests, transcending the weaknesses inherent in traditional encryption techniques by utilizing quantum computing technology and applying the concept of quantum encryption key methodology. We contribute to the development of safe and private solutions by addressing the shortcomings of the present e-KYC systems. The results of our research show how Web 3.0 and quantum computer technology have the power to completely alter the e-KYC environment.
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Index Terms
- Enhancing e-KYC Security and Privacy: Harnessing Quantum Computing and Blockchain in Web 3.0
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Information & Contributors
Information
Published In
December 2024
213 pages
EISSN:2769-6480
DOI:10.1145/3613702
- Editors:
- Kim-Kwang Raymond Choo,
- Mohammad Hammoudeh
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Publisher
Association for Computing Machinery
New York, NY, United States
Publication History
Published: 22 December 2024
Online AM: 05 August 2024
Accepted: 18 July 2024
Revised: 13 June 2024
Received: 17 October 2023
Published in DLT Volume 3, Issue 4
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