Security prototype for the Central Bank of Ecuador in Hybrid Blockchain

Authors

DOI:

https://doi.org/10.37431/conectividad.v3i2.38

Keywords:

Central Bank of Ecuador, Blockchain, Hyperledger, Ethereum

Abstract

Transactional models of Central Banks in Latin America were reviewed in scientific articles that presented problems in the management of information and new proposals in reliability in digital securities. The problem is that organizations use other transactional models of digital currencies and Ecuador does not adopt a management model on digital transactions, the information of banks loses reliability with issues related to computer theft or vulnerability in financial systems. The objective of this document is to make a prototype model to provide information security in the Central Bank of Ecuador based on hybrid Blockchain. The technique of exploratory research, observation, the deductive method, the inductive method is used to raise the premises in hybrid blockchain to the Central Bank. The results are a prototype architecture for secure transactions in hybrid Blockchain, general functions of the Smart Contract, a data management algorithm expressed in flowchart techniques, and a data structure for storage. It was concluded that the information security prototype for transactions provides a high level of information management and storage of transactions in a secure and immutable manner.

Published

2022-07-12

How to Cite

Mendoza, F., Toapanta, M., Andrade, C., Tandazo, M., Maciel, M. R., Caucha, L., … Orizaga, J. A. (2022). Security prototype for the Central Bank of Ecuador in Hybrid Blockchain. CONECTIVIDAD, 3(2), 27–43. https://doi.org/10.37431/conectividad.v3i2.38

Issue

Section

Research Articles

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