Multisecret-sharing scheme with two-level security and its applications in Blockchain

Abstract: A $(t,m)$-threshold secret sharing and multisecret-sharing scheme based on Shamir's SSS are introduced with two-level security using a one-way function. Besides we give its application in smart contract-enabled consortium blockchain network. The proposed scheme is thoroughly examined in terms of security and efficiency. Privacy, security, integrity, and scalability are also analyzed while applying it to the blockchain network.