Implementation of Blockchain in Enhancing the Security of Financial Asset Management and Company Transactions Using Python Programming Language

In the current digital era, safeguarding data security is essential. However, some companies still rely on outdated data security systems. This study aims to investigate the implementation of blockchain technology in enhancing the security of financial asset management and corporate transactions. Bl...

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Bibliographic Details
Published in:International Conference on Informatics, Multimedia, Cyber and Information System (Online) pp. 583 - 587
Main Authors: Sanjaya, Louis Vincent, Baskoroputro, Herolistra, Chowanda, Andry
Format: Conference Proceeding
Language:English
Published: IEEE 07.11.2023
Subjects:
Asset management
Blockchain
Blockchains
Companies
Company Transaction
Cryptography
Data Security
Multimedia systems
Proof of Work
Recording
Surveys
ISSN:2837-5203
Online Access:Get full text
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Summary:In the current digital era, safeguarding data security is essential. However, some companies still rely on outdated data security systems. This study aims to investigate the implementation of blockchain technology in enhancing the security of financial asset management and corporate transactions. Blockchain is a technology that provides a secure and transparent distributed database for storing and validating encrypted transactions. The Python programming language will be used for developing the solution. This research will involve a literature review on the basic concepts of blockchain, financial asset security, and corporate transactions. Subsequently, an application for financial asset management and corporate transaction system will be designed and implemented using the Python programming language, aided by GUI tools like Tkinter. The study reveals that the implementation of blockchain applications has successfully elevated the level of security in recording financial transaction data. Moreover, the research findings demonstrate that this application can also be effectively utilized by individuals without prior experience in blockchain systems.
ISSN:2837-5203
DOI:10.1109/ICIMCIS60089.2023.10349002