IEICE Transactions on Information and Systems
Online ISSN : 1745-1361
Print ISSN : 0916-8532
Regular Section
Blockchain-Based Pension System Ensuring Security, Provenance and Efficiency
Minhaz KAMALChowdhury Mohammad ABDULLAHFairuz SHAIARAAbu Raihan Mostofa KAMALMd Mehedi HASANJik-Soo KIMMd Azam HOSSAIN
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2023 Volume E106.D Issue 5 Pages 1085-1088

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Abstract

The literature presents a digitized pension system based on a consortium blockchain, with the aim of overcoming existing pension system challenges such as multiparty collaboration, manual intervention, high turnaround time, cost transparency, auditability, etc. In addition, the adoption of hyperledger fabric and the introduction of smart contracts aim to transform multi-organizational workflow into a synchronized, automated, modular, and error-free procedure.

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© 2023 The Institute of Electronics, Information and Communication Engineers
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