Comparative Analysis of Secured Hash Algorithms for Blockchain Technology and Internet of Things

Abstract

Cryptography algorithms play a vital role in Information Security and Management. To test the credibility, reliability of metadata exchanged between the sender and the recipient party of IoT applications different algorithms must be used. The hashing is also used for Electronic Signatures and based on how hard it is to hack them; various algorithms have different safety protocols. SHA-1, SHA-2, SHA3, MD4, and MD5, etc. are still the most accepted hash protocols. This article suggests the relevance of hash functions and the comparative study of different cryptographic techniques using blockchain technology. Cloud storage is amongst the most daunting issues, guaranteeing the confidentiality of encrypted data on virtual computers. Several protection challenges exist in the cloud, including encryption, integrity, and secrecy. Different encryption strategies are seeking to solve these problems of data protection to an immense degree. This article will focus on the comparative analysis of the SHA family and MD5 based on the speed of operation, its security concerns, and the need of using the Secure Hash Algorithm.