The SECURING FINANCIAL CLOUD SERVICES: A NOVEL APPROACH USING IDENTITY-CHAIN TECHNOLOGY AND CLUSTER EVALUATION
FINANCIAL CLOUD SERVICES USING IDENTITY-CHAIN TECHNOLOGY
Keywords:
FINANCIAL CLOUD SERVICES, IDENTITY-CHAIN TECHNOLOGY, CLUSTER EVALUATIONAbstract
To improve the security and functionality of financial cloud services, the suggested solution makes use of Identity-Chain Technology (ICT) and the Cluster Evaluation Method (CEM). ICT lowers the dangers of identity theft and illegal access by decentralizing identity management with blockchain technology. In cloud systems, CEM uses sophisticated data clustering techniques to identify abnormalities and improve resource allocation. Together, ICT and CEM tackle the issues raised by centralized financial data management, emphasizing the protection of private data and enhancing system performance. Critical performance indicators are utilized to assess the system, including resource consumption, anomaly detection rate, and identity verification accuracy. These technologies work together to minimize false positives and improve overall cloud performance, while providing safe, real-time access to financial data stored in the cloud. Particularly in sectors like finance that handle sensitive data, this innovative method has the power to completely alter cloud computing security regulations. Modern financial organizations that largely rely on cloud services can benefit from the system's scalability and effective resource management