Towards Securing Information in the Digital Era Using Blockchain Technology

N. G. Bhuvaneswari Amma · Advances in web technologies and engineering book series · 2023

The world is full of data and the value of extracted knowledge is high in the digital society. As the value of data increases, threats of privacy and data breach have also increased. In today's businesses, there is a major requirement for technology that can manage and secure data. Blockchain technology is one such attempt towards improvement of information security in businesses. Blockchain is an assortment of secure, shared, and appropriated records connected with one another that empowers recording and following assets without the need of a unified confided in power. Each additional transaction in the blockchain contains a hash esteem from the past block. In the event that the substance of the transaction is adjusted, it will change the hash worth of the current transaction. This makes blockchain unchanging. In this way, blockchain first validates the transaction and safeguards it, and at last, these entries are preserved as records.

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