Trust Chain: A private blockchain for secure data exchange

Abstract

This study investigates the development and deployment of TrustChain, a private blockchain framework designed for secure data exchange within a decentralized peer-to-peer network. The research evaluates the system's performance in 3-node and 10-node configurations, focusing on data synchronization efficiency and latency. Asymmetric encryption (RSA) was implemented to ensure message confidentiality and integrity. Results demonstrate system stability and efficient data synchronization with low latency. While the framework lacks transaction processing capabilities, it proves robust for secure data transfers. The architecture provides a foundation for potential enhancements in secure messaging and file sharing. The findings suggest TrustChain's applicability in sectors prioritizing secure communication, such as healthcare, finance, and supply chain management. This research emphasizes the importance of scalability and robust data management in blockchain systems, particularly for real-time applications, and highlights the need for efficient blockchain solutions in data-sensitive industries.