Blockchain Technology and Security Compliance
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 databreaches, making trust and security systems ofparamount concern. Blockchain technologyoffers promising solutions to enhance securityand transparency in various sectors. However, itis important to understand the risks associatedand proceed with caution with this revolutionarytechnology, as countless individuals andorganizations may be left vulnerable to the fearof data breaches and regulatory pitfalls. Thisfear, therefore, should not be taken lightly. Thestruggle to ensure this technology aligns withsecurity compliance regulations is not just atechnological challenge- it is integral tosafeguarding personal identity, businesses, andour futures in an increasingly uncertain world.As such, this paper looks to examine the intricaterelationship between blockchain technology andsecurity compliance, exploring the challenges,solutions, and future implications of thisBlockchain technology.Keywords— Blockchain technology, security
compliance, data privacy, GDPR, selectivemutability, zero-knowledge proofs, smart contracts,auditing, industry-specific approaches, healthcare,supply chain management, AML, KYC