An Investigation on the Utilization of Blockchain in the Field of Digital Forensics
Dharmesh Dhabliya, Vivek Veeraiah, Sukhvinder Singh Dari, Jambi Ratna Raja Kumar, Ritika Dhabliya, Ankur Gupta, Sabyasachi Pramanik · Advances in finance, accounting, and economics book series · 2024
The field of digital forensics is crucial in the examination of cybercrimes, data breaches, and other illicit activities in a world that is becoming more interconnected. The advent of blockchain technology has introduced a novel aspect to the field of digital forensics. This study provides an extensive examination of the convergence of blockchain and digital forensics, investigating the many impacts and obstacles that blockchain technology poses to conventional methods of digital forensic investigations. This chapter starts by clarifying the essential principles of blockchain technology, highlighting its decentralized and unchangeable nature, cryptographic foundations, and its use in cryptocurrency transactions. Afterwards, it explores the possible advantages of blockchain technology for digital forensics, including the provision of transparent and unalterable records of digital activity and transactions. Moreover, this chapter also examines the distinctive obstacles presented by blockchain in the context of digital forensic investigations.