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Blockchain Technology to Improve Cybersecurity: Opportunities and Challenges

S. Jagadish,Dr.Somanchi Hari,4 Authors,Prasanna Kumar Lakineni

2023 · DOI: 10.1109/ICI60088.2023.10420983
International Conference on Intelligent Control and Instrumentation · 1 Citations

Abstract

Blockchain technology has gained widespread acceptance in numerous fields, most notably finance, thanks to the use of cryptocurrencies. The technology, on the other hand, can be used in cybersecurity. In order to enhance business processes and transform business operations, BCT is investigating cybersecurity issues and opportunities. This scoping review study was conducted with the intention of determining the scope of the current research and classifying various kinds of cybersecurity opportunities and challenges in BCT. A combination of phrases was used to search the Research Gate, IEEE, Science Direct, Elsevier, and ABI/INFORM Collection (Pro Quest) databases. After a thorough screening, 55 research studies were determined to be relevant. According to our findings, the majority of publications discuss cybersecurity issues in BCT as a whole, whereas only a small number of papers discuss BCT's opportunities and challenges in cybersecurity in relation to specific industry sectors. In addition, previous research only briefly examined BCT's cybersecurity opportunities and challenges and solutions. Future study directions for researchers were suggested based on gap identification.The primary objective of this scoping review was to ascertain the current survey's size, scope, and gaps regarding BCT cybersecurity challenges.