Digital Passport and Visa Asset Management Using Private and Permissioned Blockchain (2107.06849v2)

Abstract: Blockchain is currently one of the fastest-growing technologies in the field of Computer Science. It has found a prevalent use in financial applications like cryptocurrency, for example, Bitcoin and Ethereum. They have been able to bring an unforeseen disruption in the field of finance. However, permissionless Blockchains like these have some downsides, namely the computation cost of the Proof of Work algorithm, maximum allowed size for a block, decrease in intelligibility with the increase of the number of blocks in the chain, domination of nodes with higher computing power as miners and validators. These factors have restricted the adoption of permissionless blockchain technology outside the field of finance, such as in medical or legal fields. This paper proposes a solution to these problems using a permissioned blockchain. It does not require a computationally expensive consensus mechanism as permissioned chains call for trust between participating organizations which is achieved via exclusive invitations. We have utilized a third-party orderer to maintain the trust between organizations.