Abstract
Application-based mobile banking is a very commonly used term in the world. The data taken by the server are the personal sensitive data of the user. These data are very sensitive and should not be disclosed, so it must be stored securely. Moreover, the transactional data/metadata of the user should also be kept secured, and it has to be ensured that only the user can access and see his/her transactions. This paper introduces a secured system for application-based mobile banking. We are using blockchain to store the transactional data and bank server to store the personal data of the users. Cryptographic functions have been used here to encrypt the user data in this system to reduce the loss of transactional data and also to make the users reliable to the application-based mobile banking.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Al Omar A, Bhuiyan Md ZA, Basu A, Kiyomoto S, Rahman MS (2019). Privacy-friendly platform for healthcare data in cloud based on blockchain environment. Future Gener Comput Syst 95:511–521
Al Omar A, Rahman MS, Basu A, Kiyomoto S (2017) Medibchain: a blockchain based privacy preserving platform for healthcare data. In: International conference on security, privacy and anonymity in computation, communication and storage, pp 534–543. Springer
Alam SB, Kabir HMD, Sakib Md N, Rafi Sazzad ABM, Shahnaz C, Fattah SA (2010) A secured electronic transaction scheme for mobile banking in Bangladesh incorporating digital watermarking. In: 2010 IEEE international conference on information theory and information security, pp 98–102. IEEE
Bloom JA, Cox IJ, Kalker T, Linnartz J-PMG, Miller ML, Traw CBS (1999) Copy protection for dvd video. Proc IEEE 87(7):1267–1276
Chen Y, Weixiang X, Peng L, Zhang H (2019) Light-weight and privacy-preserving authentication protocol for mobile payments in the context of iot. IEEE Access 7:15210–15221
Claessens J, Dem V, De Cock D, Preneel B, Vandewalle J (2002) On the security of todays online electronic banking systems. Comput Secur 21(3):253–265
Daniel D (2017) Blockchain basics. Springer
Ehrsam WF, Matyas SM, Meyer CH, Tuchman WL (1978) A cryptographic key management scheme for implementing the data encryption standard. IBM Syst J 17(2):106–125
Eslahi M, Rostami MR, Hshim H, Tahir NM, Naseri MV (2014) A data collection approach for mobile botnet analysis and detection. In: 2014 IEEE symposium on wireless technology and applications (ISWTA), pp 199–204. IEEE
Etaher N, Weir GRS, Alazab M (2015) From zeus to zitmo: Trends in banking malware. In: 2015 IEEE Trustcom/BigDataSE/ISPA, vol 1, pp 1386–1391. IEEE
Yining H, Manzoor A, Ekparinya P, Liyanage M, Thilakarathna K, Jourjon G, Seneviratne A (2019) A delay-tolerant payment scheme based on the ethereum blockchain. IEEE Access 7:33159–33172
Defta Costinela Luminita (2011) Information security in e-learning platforms. Procedia Soc Behav Sci 15:2689–2693
Miller VS (1985) Use of elliptic curves in cryptography. In: Conference on the theory and application of cryptographic techniques, pp 417–426. Springer
Mohan C, Haderle D, Lindsay B, Pirahesh H, Schwarz P (1992) Aries: a transaction recovery method supporting fine-granularity locking and partial rollbacks using write-ahead logging. ACM Trans Database Syst (TODS) 17(1):94–162
Obaid M, Bayram Z, Saleh M (2019) Instant secure mobile payment scheme. IEEE Access 7:55669–55678
Panja B, Fattaleh D, Mercado M, Robinson A, Meharia P (2013) Cybersecurity in banking and financial sector: Security analysis of a mobile banking application. In: 2013 international conference on collaboration technologies and systems (CTS), pp 397–403. IEEE
Putra DSK, Sadikin MA, Windarta S (2017) S-mbank: secure mobile banking authentication scheme using signcryption, pair based text authentication, and contactless smart card. In: 2017 15th international conference on quality in research (QiR): international symposium on electrical and computer engineering, pp 230–234. IEEE
Sanchez JLC, Bernabe JB, Skarmeta AF (2018) Towards privacy preserving data provenance for the internet of things. In: 2018 IEEE 4th world forum on internet of things (WF-IoT), pp 41–46. IEEE
Singh K, Singh N, Kushwaha DS (2018) An interoperable and secure e-wallet architecture based on digital ledger technology using blockchain. In: 2018 international conference on computing, power and communication technologies (GUCON), pp 165–169. IEEE
Tasnim MA, Al Omar A, Rahman MS, Bhuiyan Md ZA (2018) Crab: blockchain based criminal record management system. In: International conference on security, privacy and anonymity in computation, communication and storage, pp 294–303. Springer
Yli-Huumo J, Ko D, Choi S, Park S, Smolander K (2016) Where is current research on blockchain technology? a systematic review. PloS One 11(10):e0163477
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Shahin Uddin Talukder, M., Islam, N., Sharmin, S., Al Omar, A., Hasan, S. (2020). Bringing a Change in Digital Mobile Banking Through Distributed Technology. In: Uddin, M.S., Bansal, J.C. (eds) Proceedings of International Joint Conference on Computational Intelligence. Algorithms for Intelligent Systems. Springer, Singapore. https://doi.org/10.1007/978-981-15-3607-6_48
Download citation
DOI: https://doi.org/10.1007/978-981-15-3607-6_48
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-15-3606-9
Online ISBN: 978-981-15-3607-6
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)