Blockchain and privacy: How decentralized systems reshaped data security

Arfi Siddik Mollashaik *

Solution Architect at Securiti.ai.
 
Research Article
International Journal of Science and Research Archive, 2024, 12(01), 3191-3205.
Article DOI: 10.30574/ijsra.2024.12.1.0989
Publication history: 
Received on 21 April 2024; revised on 29 May 2024; accepted on 31 May 2024
 
Abstract: 
This research evaluates how blockchain technology transforms data security functions, especially regarding privacy protection. The rise of decentralized systems led to Blockchain emerging as an answer for resolving traditional data security problems from breaches to centralization risks. This research investigates blockchain technology, which advanced from its initial cryptocurrency framework into an all-encompassing data protection solution. Research shows that Blockchain improves privacy through encryption methods and distributed operations. A qualitative research approach enables examination of blockchain solutions with privacy components alongside analysis of zero-knowledge proofs and decentralized storage facilities. Technology solutions provide users with comprehensive data visibility and reduce exposure to unauthorized intruders and free them from central control systems. The adaptive security structure of blockchain technology functions as the industry-leading answer to privacy breaches by establishing strengthened data protection protocols for all operational activities.
 
Keywords: 
Blockchain Privacy; Data Security, Decentralized Systems; Privacy Solutions; User Adoption; Technological Advancements
 
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Copyright information: 

Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0