Decentralized Databases Leveraging Blockchain Technology

Authors: Sethu Sesha Synam Neeli

DOI: https://doi.org/10.5281/zenodo.14684784

Short DOI: https://doi.org/g82cct

Country: USA

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Abstract: Blockchain technology, characterized by its decentralized and immutable ledger, offers a novel approach to data management. Its distributed architecture eliminates single points of failure and control, enhancing trust and security. This inherent robustness has fueled its adoption in applications such as cryptocurrency, digital identity management, and secure contract execution, addressing limitations of previous centralized approaches.
This research investigates the potential synergies between blockchain and traditional database management systems (DBMS). The analysis encompasses core blockchain concepts—consensus mechanisms (e.g., Proof-of-Work, Proof-of-Stake), smart contracts (self-executing contracts with predefined rules encoded on the blockchain), and distributed data storage—and explores their implications for database architecture. We examine the limitations of traditional relational database management systems (RDBMS) regarding data integrity, security, and auditability, and evaluate how blockchain technology can address these shortcomings. Key challenges related to scalability, data privacy, and interoperability between blockchain and existing DBMS are also addressed. Our approach involves optimizing data storage on the blockchain through data compression and encryption techniques, enhancing both security and efficiency. Data retrieval involves secure decryption and decompression, ensuring both data integrity and performance. Through rigorous analysis and empirical evaluation, we demonstrate the practical feasibility and performance benefits of integrating blockchain technology into database systems, proposing a hybrid architecture that leverages the strengths of both technologies.

Keywords: ledgers, blocks, crypto, chains, grids, algorithm, p2p, nodes, transaction, records, versioning.

Paper Id: 232041

Published On: 2020-02-05

Published In: Volume 8, Issue 1, January-February 2020

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