A Secure Data Sharing Platform in the Era of Web 3.0 by Leveraging the Power of Blockchain Technology
Christensen Choong Ming Jie, Daveena Sri A-P Michael Rajah, Gyvayhni A-P Ganisen, Tharanitharan A-L Chandran, Ahmad Sahban Rafsanjani, Muhammed Basheer Jasser · 2024
In the ever-evolving landscape of the internet, the emergence of Web 3.0 has ushered in a new era of decentralized applications. As researchers navigate through Web 3.0, the criticality of secure data sharing becomes evident, necessitating a robust solution to address vulnerabilities present in current methods. The existing methods grapple with vulnerabilities, especially in centralized repositories susceptible to breaches due to intricate and less secure authentication processes. Furthermore, the compromise of data integrity and privacy during the process of data sharing exacerbates the challenges faced by current methods. This research conducts a thorough examination of the pivotal role played by blockchain in enhancing security measures and empowering consumers with control over their data. Furthermore, it introduces a novel approach by proposing a secure Web 3.0 data-sharing platform, leveraging IPFS, Pinata, Smart Contracts, Meta Masks, and decentralized principles. To evaluate the security of the proposed secure data sharing platform, this study utilized two smart contract vulnerability detector tools, namely Slither and Echidna. The findings revealed a minimal presence of issues, with Slither identifying only five low-level, nonthreatening problems and Echidna indicating no critical failures. This demonstrates the platform's robustness against significant vulnerabilities such as the reentrancy attack and integer overflow and validates its ability to facilitate safe, decentralized data sharing in the context of the Web 3.0 paradigm.