Does Blockchain Qualify as Secret-free Immutable Storage?

Kazumasa Omote · 2022 IEEE 11th Global Conference on Consumer Electronics (GCCE) · 2022

In this study, we demonstrate that blockchain is an efficient secret-free immutable storage system that guarantees not only the integrity of data but also the integrity of the smart contract and its execution results (i.e., transaction receipt) without a secret key. In short, blockchains eliminate the need for secret key management by storage managers. For example, the secure storage of non-fungible token (NFT) history on a blockchain can also be achieved without the secret key of the NFT marketplace

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