The utilization of distributed ledger technology, particularly file sharing platforms based on blockchain, has experienced a surge in popularity in recent times owing to its capacity to augment security measures and safeguard confidential information. However, the security of these systems heavily relies on the encryption algorithms used to protect the data. This paper aims to conduct a comparative analysis of commonly used encryption algorithms in distributed ledger technology to identify the key factors that should be considered when selecting encryption algorithms for enhanced security. The paper will first explore the commonly used encryption algorithms in blockchain-based file sharing systems. It will then examine how these encryption algorithms impact the security of these systems. Finally, the paper will identify the key factors that should be considered when selecting encryption algorithms to optimize security in distributed ledger technology. By the end of this paper, readers will have a better understanding of encryption algorithms and their impact on the security of distributed ledger technology.
Article Details
Unique Paper ID: 163267
Publication Volume & Issue: Volume 10, Issue 11
Page(s): 2147 - 2154
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