A trusted and regulated data trading scheme based on blockchain and zero‐knowledge proof

Abstract

Abstract To meet the demand for high‐quality healthcare services, data trading can effectively promote the circulation of medical data and improve the level of healthcare services. To address the existing problems of data regulation difficulties and data privacy leakage in medical data trading, a trusted and regulated data trading scheme based on blockchain and zero‐knowledge proof is proposed. In this scheme, a regulatory institution is introduced to control the issuance of authorized tokens and ensure the controllability of data sharing activities. The blockchain takes over the task of generating public parameters to reduce the computational overhead of the system. Based on homomorphic proxy re‐encryption technology, users can perform data analysis in the cloud to ensure data security. Smart contracts and zero‐knowledge proof technology can automatically verify the validity of data to protect the rights and interests of data users; at the same time, efficient consensus algorithms can also increase the rate of transactions processed by the blockchain system. Finally, as the security and performance analysis shows, the scheme in this paper has better security, higher efficiency and more comprehensive functions.

Keywords

• blockchain applications and digital technology
• data privacy
• IoT (Internet of Things)