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Securing Blockchain Transactions Using Quantum Teleportation and Quantum Digital Signature

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Abstract

Blockchain is the new disruptive technology which is gaining momentum in several domains of real-world applications such as Bitcoin—the most well-known example, and primarily in the financial sector. Distributed ledger system which is the main feature of blockchain technology protected across harmful updates using cryptographic techniques, e.g. hashing and digital signatures, is spread over the network so that no one is the owner of the ledger. This poses a significant challenge in the areas of performance, security, and privacy using this emerging technology. We propose an algorithm to provide a secure mechanism for performing transactions on the Blockchain network by adopting quantum digital signatures (QDS) and quantum teleportation phenomenon of quantum computing. The proposed algorithm uses key pairs to generate private keys and corresponding public keys; the quantum digital signatures are used to sign the message which are then distributed over the blockchain network using the teleportation phenomenon. The security of the keys is dependent on the fundamental principles of quantum mechanics that doesn’t allow forging. The Einstein–Podolsky–Rosen (EPR) pair of particles is used to communicate the quantum information via a quantum channel for teleportation, which is generated by operating Bell measurements with corresponding EPR pairs. The original state of the particle (sender) is destroyed once the information is transported to the other particle (receiver) and the QDS scheme also validates the qubits received. The twofold validation process thereby provides high-level security in the transactions.

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Notes

  1. https://blockonomi.com/mt-gox-hack/.

  2. https://www.research.ibm.com/ibm-q/system-one/.

  3. https://www.research.ibm.com/ibm-q/.

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Authors and Affiliations

  1. Department of Computer Science, Ramanujan College, University of Delhi, New Delhi, 110019, India

    Sheetal Singh, Nikhil Kumar Rajput & Vipin Kumar Rathi

  2. Department of Computer Science, Edge Hill University, Ormskirk, UK

    Hari Mohan Pandey

  3. Institute for Research in Applicable Computing, University of Bedfordshire, Lancashire, UK

    Amit Kumar Jaiswal

  4. Department of Information Engineering, University of Padova, Padova, Italy

    Prayag Tiwari

Authors
  1. Sheetal Singh
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  2. Nikhil Kumar Rajput
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  3. Vipin Kumar Rathi
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  4. Hari Mohan Pandey
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  5. Amit Kumar Jaiswal
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  6. Prayag Tiwari
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Correspondence to Nikhil Kumar Rajput, Vipin Kumar Rathi or Prayag Tiwari.

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Singh, S., Rajput, N.K., Rathi, V.K. et al. Securing Blockchain Transactions Using Quantum Teleportation and Quantum Digital Signature. Neural Process Lett 55, 3827–3842 (2023). https://doi.org/10.1007/s11063-020-10272-1

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  • DOI: https://doi.org/10.1007/s11063-020-10272-1

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