Volume 03 Issue 05-2023
65
American Journal Of Applied Science And Technology
(ISSN
–
2771-2745)
VOLUME
03
ISSUE
05
Pages:
65-69
SJIF
I
MPACT
FACTOR
(2021:
5.
705
)
(2022:
5.
705
)
(2023:
7.063
)
OCLC
–
1121105677
Publisher:
Oscar Publishing Services
Servi
ABSTRACT
This article discusses the basic concepts in the field of blockchain technology, analyzes various types of blockchain
and consensus algorithms. The advantages and disadvantages of various technologies are considered, their preferred
areas of application are determined. It is shown how, based on the analysis, the types of blockchain and the consensus
algorithm were selected, which are the most suitable for the implementation of an electronic document management
system.
KEYWORDS
Blockchain, blockchain network roles, secure document flow, blockchain classification.
INTRODUCTION
Blockchain technology, despite almost a decade of its
existence, remains relatively underused. Its idea is a
distributed
database,
which
is
a
chain
of
interconnected blocks, each of which, in addition to
the main data array, contains information about
previous blocks, including their storage location. The
main use of the technology at the present time is
monetary transactions through computer networks,
especially cryptocurrencies. In addition to monetary
transactions, there are also applications that are due to
the following platform features: registration of
transactions; conclusion of contracts; confirmation of
the user's identity at the stage of his identification.
Outside banking, blockchain, in addition to standard
transaction records and block data, can be used to
store any other computer code, such as triggers to
initiate certain actions under certain conditions. For
example, the generation of related documentation,
when two participants in a transaction use their keys
when signing a contract. In addition, special indicators
or parameters are set. When they occur, the
Research Article
BLOCKCHAIN TECHNOLOGY AS A DOCUMENT MANAGEMENT AND
ELECTRONIC DOCUMENT MANAGEMENT SYSTEM TOOL
Submission Date:
May 21, 2023,
Accepted Date:
May 26, 2023,
Published Date:
May 31, 2023
Crossref doi:
https://doi.org/10.37547/ajast/Volume03Issue05-12
S.Sh. Muminova
Nurafshan Branch Of Tuit Named After Muhammad Al-Khwarizmi, Uzbekistan
Journal
Website:
https://theusajournals.
com/index.php/ajast
Copyright:
Original
content from this work
may be used under the
terms of the creative
commons
attributes
4.0 licence.
Volume 03 Issue 05-2023
66
American Journal Of Applied Science And Technology
(ISSN
–
2771-2745)
VOLUME
03
ISSUE
05
Pages:
65-69
SJIF
I
MPACT
FACTOR
(2021:
5.
705
)
(2022:
5.
705
)
(2023:
7.063
)
OCLC
–
1121105677
Publisher:
Oscar Publishing Services
Servi
transaction will be signed automatically. In the field of
intellectual property, a blockchain-based network
allows you to determine how many times a member of
the network is entitled to access the necessary
content.
A distributed data warehouse, due to its security from
changes, anonymity and verifiable mechanisms of
work, may be of particular interest to companies. The
technology, although limited, can be applied in a
variety of ways:
•
Factom succeeded in the field of data
management. Its clients, thanks to the provided
blockchain-based database, have the opportunity
to conduct their activities safely;
•
the Ascribe platform gives creative people more
opportunities to retain ownership of their works;
•
Uphold's solution ensures the security of
transferring funds to other wallets and
transactions with raw materials for individuals and
legal entities;
•
Civic's platform, thanks to blockchain technology,
allows you to register, confirm personal data and
protect your own credit history;
•
LO3 Energy came up with the Trans Active Grid
project - a decentralized platform for creating
applications. In particular, it helps to measure
electricity consumption;
•
Follow My Vote has developed a secure system for
online voting. When using the blockchain, the
results are reliable and accurate;
•
There is a Free My Vunk movement, which has set
itself the task of exchanging virtual property in
video games.
The currency is Ethereum-based tokens;
•
The Advocate platform helps ordinary citizens to
interact conveniently with government agencies;
•
Chronicled helps people improve their consumer
experience;
•
Ubitquity, based on its own blockchain platform,
offers other companies to securely keep records of
property and related ownership.
•
The technology has a number of features that
ensure its reliability and trust. The advantages of
blockchain are as follows:
•
information about chain blocks is stored
decentralized on various servers around the world.
This ensures that when such data gets to strangers,
they cannot do anything with it;
•
in the blockchain, trust is formed not to any
particular node, but to the network as a whole. This
unique property is built, among other things, on
cryptographic
algorithms.
To
change
the
information in any block, it is necessary to change
all subsequent blocks. In order for the network to
recognize these changes, other nodes must
confirm them. Only in the case when most of the
network belongs to the attacker, such operations
are possible, but in practice this scenario is unlikely
and often financially unprofitable;
•
resistance to attacks and data substitutions, which
is due to decentralization and features of the
formation of trusted calculations;
•
acceleration of settlements on transactions, since
the blockchain allows transactions to be carried
out around the clock, 365 days a year. Banks need
several days to complete the main transactions, in
addition, they have working hours and days off;
•
Blockchains almost always have an open source
code that can be modified at the discretion of
anyone with the appropriate skills. However, this
makes it very difficult to discreetly change
previously registered information. The latter
circumstance makes blockchain a reliable
technology;
Volume 03 Issue 05-2023
67
American Journal Of Applied Science And Technology
(ISSN
–
2771-2745)
VOLUME
03
ISSUE
05
Pages:
65-69
SJIF
I
MPACT
FACTOR
(2021:
5.
705
)
(2022:
5.
705
)
(2023:
7.063
)
OCLC
–
1121105677
Publisher:
Oscar Publishing Services
Servi
•
Governments of all countries of the world are
trying to control the blockchain, but so far it is not
working out well. Therefore, the technology
immediately fell in love with most users.
In addition to such advantages as openness, security
and security, blockchain also reduces transaction costs
and allows organizations to get rid of unnecessary
expenses.
It is also possible to use network platforms based on
blockchain technology. There are even business app
builders for both start-ups and established companies.
As part of the use of blockchain technology in
electronic document management systems, several
areas seem promising. Firstly, authentication systems
for providing access to materials and cloud data
storages such as Sia, which provide much more reliable
storage of information than centralized databases.
This is due to the peculiarities of the blockchain
network structure, which are most clearly described in
the functioning of the Bitcoin network. For ten years,
there has not been a single software failure of the
actual system blocks, only problems associated with
software add-ons and associated platforms.
Systems for signing documents of various types. Unlike
an electronic signature that already has regulatory
support, similar cryptographic data protection
technologies in blockchain services are not yet able to
give legal force to protected information. This
argument may lead to the conclusion that in the
current situation, electronic document management is
incompatible with blockchain technology.
Another point of view is also possible, based on the
assumptions of the current civil law regarding
cryptographic algorithms of the electronic signature.
Judicial practice confirms that the types of electronic
signature - simple and unqualified - are recognized if
the parties to the interaction have agreed on this.
To sign transactions in blockchain systems, public key-
private key pairs are used. All generated transactions
must be signed using a private key. This mechanic is no
different from a simple or enhanced unqualified
electronic signature in the presence of a duly certified
electronic interaction agreement of this type. It has the
following stages:
•
each party generates a pair of "public key - private
key";
•
the agreement on electronic interaction or the
main agreement establishes the possibility of
exchanging messages signed with a simple
electronic signature;
•
details of the parties are registered in the
blockchain network;
•
the procedure for the formation of an electronic
document and its signing is established.
The BlockSign registry platform is already functioning,
containing electronically signed documents. Each such
signature is stored on the blockchain of the Bitcoin
network and is therefore unique and unmodifiable.
In building an EDMS, in addition to giving legal force to
electronic documents, it is also important to
implement the exchange of unstructured documents.
In this aspect, the blockchain is not very suitable for
storing a large number of heavy files in their original
form, therefore its use is limited to storing the hash
sums of documents and their verification using both
electronic signature tools and hash sums. It is also
useful to speed up transactions, i.e. the blockchain is
suitable for records management to a much greater
extent than for document management.
Volume 03 Issue 05-2023
68
American Journal Of Applied Science And Technology
(ISSN
–
2771-2745)
VOLUME
03
ISSUE
05
Pages:
65-69
SJIF
I
MPACT
FACTOR
(2021:
5.
705
)
(2022:
5.
705
)
(2023:
7.063
)
OCLC
–
1121105677
Publisher:
Oscar Publishing Services
Servi
In the workflow between companies, blockchain can
be used to speed up transactions and, ultimately, build
trust between the parties. A good example of projects
that use this property of the blockchain are Legium and
BlockSign. Blockchain technology, in the presence of
an appropriate regulatory framework, will reduce the
need for intermediaries and a third trusted party when
conducting transactions in electronic form to zero. It is
not known whether this will happen in the near future,
since the obligatory presence of operators in the
exchange chain and the use of a qualified electronic
signature is prescribed by law.
The use of technology directly in the exchange of
electronic documents is limited and requires further
study. Here are a few situations in which the use of
blockchain technologies may be considered justified:
•
tokenization of settlements - the issuance of
electronic means of payment in the form of tokens
- the absence of control over the registry by the
issuer is guaranteed. Therefore, the issuer will not
be able to delete records of notes issued, which
creates a credibility in electronic bills comparable
to that in a paper bill;
•
certification of documents - the blockchain acts as
a guarantor of the accuracy of information in the
electronic certification system. Such a system
would solve the problem of verifying the
authenticity of a document by removing the need
for an intermediary person;
•
tracking of goods along the supply chain - the
blockchain would solve the problem of
authentication, combating counterfeiting and
exchanging information about the location and
quality of goods, since, due to immutability, the
chronological order of blocks and decentralization,
all participants can enter their own information
and trust someone else's.
In the future, smart contracts can become very useful
in carrying out economic activities, which can replace
both classical contracts and procedures and
regulations governing business processes. In fact, this
is an environment for developing rules according to
which certain events, such as transactions, occur or do
not occur. Thus, inside the blockchain, it is possible to
develop rules, conditions, work protocols, according to
which network participants will interact.
Nevertheless, the prospects for using blockchain in
providing electronic document management are
already being seen in several aspects at the present
time. These are records management, systems for
signing and verifying documents, tokenization of
settlements, tracking supply chains, as well as the use
of smart contracts when making various transactions.
The expansion of the use of blockchain is possible with
the improvement of the regulatory framework and
overcoming technical problems and limitations, which
will allow for fast, reliable and secure electronic
transactions. At the same time, further possibilities of
its use within the framework of electronic document
management remain at the level of assumptions and
prospects.
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Volume 03 Issue 05-2023
69
American Journal Of Applied Science And Technology
(ISSN
–
2771-2745)
VOLUME
03
ISSUE
05
Pages:
65-69
SJIF
I
MPACT
FACTOR
(2021:
5.
705
)
(2022:
5.
705
)
(2023:
7.063
)
OCLC
–
1121105677
Publisher:
Oscar Publishing Services
Servi
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