Blockchain technology for optimizing security and privacy in distributed systems

Abstract

Blockchain technology is increasingly recognized as an effective solution for addressing security and privacy challenges in distributed systems. Blockchain ensures information security by validating data and defending against cyber threats, while guaranteeing data integrity through transaction validation and reliable storage. The research involves a literature study, problem identification, analysis of blockchain security and privacy, model development, testing, and analysis of trial results. Furthermore, blockchain enables user anonymity and fosters transparency by utilizing a distributed network, reducing the risk of fraudulent activities. Its decentralized nature ensures high reliability and accessibility, even in node failures. Blockchain enhances security and privacy by offering features like data immutability, provenance, and reduced reliance on trust. It decentralizes data storage, making tampering or deletion extremely challenging, and ensures the invalidation of subsequent blocks upon any changes. Blockchain finds applications in various domains, including supply chains, finance, healthcare, and government, enabling enhanced security by tracking data origin and ownership. Despite scalability and security challenges, the potential benefits of reduced costs, increased efficiency, and improved transparency position blockchain as a promising technology for the future. In summary, blockchain technology provides secure transaction recording and data storage, thus enhancing security, privacy, and the integrity of sensitive information in distributed systems.