BLOCKCHAIN TECHNOLOGY AS A TOOL FOR CYBERSECURITY: STRENGTHS, WEAKNESSES, AND POTENTIAL APPLICATIONS
Achuthananda Reddy Polu, Bhumeka Narra, Dheeraj Varun Kumar Reddy Buddula, Hari Hara Sudheer Patchipulusu, Navya Vattikonda, Anuj Kumar Gupta · ACCENT JOURNAL OF ECONOMICS ECOLOGY & ENGINEERING · 2025
Blockchain technology functions as a security solution at the advanced level because its decentralized system along with cryptographic security measures and immutable data storage work together. Blockchain technology reduces security risks because it operates differently from centralized authorities thus protecting against solitary weak points unauthorized data modification and identity theft. The technology handles three main domains including secure communication and identity management with fraud prevention functions which improve data trustworthiness between digital senders and recipients. The widespread adoption of blockchain systems is impeded because they currently deal with scalability problems along with government standards and control regulation needs. The research investigates blockchain's capabilities together with its security boundaries in addition to its preventive measures against contemporary cyber-attacks. The paper explores smart contracts while identifying secure identity frameworks for controlling decentralized access mechanisms. This paper examines blockchain capabilities through strength versus weakness evaluation to explain how blockchain will transform security infrastructure while presenting solutions to current issues.