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Blockchain Technology and Security Compliance

Haritha Madhava Reddy

2024 · DOI: 10.55041/ijsrem24353
INTERANTIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT · 0 Citations

TLDR

This paper looks to examine the intricate relationship between blockchain technology and security compliance, exploring the challenges, solutions, and future implications of this Blockchain technology.

Abstract

The current digital landscape is

constantly under cybersecurity risks and data

breaches, making trust and security systems of

paramount concern. Blockchain technology

offers promising solutions to enhance security

and transparency in various sectors. However, it

is important to understand the risks associated

and proceed with caution with this revolutionary

technology, as countless individuals and

organizations may be left vulnerable to the fear

of data breaches and regulatory pitfalls. This

fear, therefore, should not be taken lightly. The

struggle to ensure this technology aligns with

security compliance regulations is not just a

technological challenge- it is integral to

safeguarding personal identity, businesses, and

our futures in an increasingly uncertain world.

As such, this paper looks to examine the intricate

relationship between blockchain technology and

security compliance, exploring the challenges,

solutions, and future implications of this

Blockchain technology.

Keywords— Blockchain technology, security

compliance, data privacy, GDPR, selective

mutability, zero-knowledge proofs, smart contracts,

auditing, industry-specific approaches, healthcare,

supply chain management, AML, KYC