A Decentralized Framework for Secure and Autonomous Asset Management
The growing inflation rate requires a financial entity that generates future value and is stable. For this scenario, assets are crucial entities that come into play. With management of these crucial entities comes concerning problems such as transparency, operational overhead, and wire fraud. This paper deals with autonomous management of assets, eliminating the dependency on intermediaries through a blockchain-based decentralized approach. The proposed model not only reduces cost, improves efficiency, and cuts down manual intervention but also provides enhanced trust, prevention from data tampering, and streamlined assets transactions achieved through a decentralized consensus mechanism and cryptographic security. It is a comparative study between traditional and proposed framework and also highlights the framework's advantages in terms of speed, governance, and security. With real-world evaluation, we here demonstrate its scalability and reliability, making a strong case for decentralized approaches in asset management. This work had paved a new road for a more secure, autonomous, and transparent asset ecosystem
Authors
- D. Chandrasekhar Rao (ORCID: https://orcid.org/0000-0001-7414-3360)
- Amiya Kumar Rath (ORCID: https://orcid.org/0000-0002-9956-6973)
- A.K. Mohanty (ORCID: https://orcid.org/0000-0002-6737-6075)
Institutions
- Biju Patnaik University of Technology (IN)
Publication Details
- Published
- 2025-05-29
- DOI
- https://doi.org/10.1109/netcrypt65877.2025.11102742
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 0.00