Issue Details
BLOCKCHAIN TECHNOLOGY: ENHANCING CYBERSECURITY AND TRANSPARENCY IN DIGITAL TRANSACTIONS
Dr. Tanvi
Page No. : 63-70
ABSTRACT
Blockchain technology is transforming the landscape of digital transactions by providing enhanced security, transparency, and decentralized control. This paper explores the role of blockchain in improving cybersecurity and transparency across various sectors, with a particular focus on financial services, supply chain management, and data security. By decentralizing data storage and utilizing cryptographic techniques, blockchain offers robust solutions for preventing cyberattacks, data breaches, and fraud. The paper also addresses the challenges of blockchain implementation, such as scalability, regulatory uncertainty, and high energy consumption, while examining future directions for blockchain, including its integration with artificial intelligence (AI) and the Internet of Things (IoT). Overall, blockchain has the potential to revolutionize secure digital transactions, but widespread adoption requires addressing the associated challenges and ensuring regulatory clarity.
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