Published Paper Details:

-- Utilising cryptographic principles, blockchain is a type of distributed record-keeping system that runs point-to-point. The combination of the publicly accessible blockchain ledger with statistical methods such as data mining as well as demographic mining, however, poses a major danger to users' privacy. As a result, contemporary blockchain technology development has turned its attention to privacy protection. In the realm of privacy protection, ring signatures technology is a frequently utilised encryption technique. Thus, this research develops a blockchain framework for protecting privacy based on ring signatures. This technique developed a privacy information retention system based on an ellipse curve that ensures data security & user identity confidentiality in blockchain applications by using the complete anonymity of the ring signature. A safety proof investigation and an analysis of the proposed scheme's accuracy were conducted. Implementing ring signature approaches with blockchain technology is a practical approach to optimise memory consumption, reduce storage requirements, enhance privacy, and expand the scalability of applications powered by blockchain