Dr.Senthil Pandian The Acute Factors of Blockchain Technology by Improving Cybersecurity in E-Business

Abstract

Blockchain technology has emerged in e-business as a revolutionary force in the realm of cybersecurity, offering novel solutions to the escalating challenges posed by the ever-evolving modern technology landscape. This study delves new e-business into the critical determinants that drive the application of blockchain technology in enhancing cybersecurity. With the proliferation of digital assets and sensitive information, safeguarding data integrity, confidentiality, and accessibility has become paramount.

The research employs a multidisciplinary approach in e-business, drawing from the fields of cybersecurity, blockchain technology, and data management. It examines the intricate interplay between blockchain's fundamental features and their direct impact on fortifying cybersecurity measures. Key determinants explored include:

• Decentralization: Blockchain's decentralized architecture reduces the vulnerability of a single point of failure, rendering it more resilient against cyberattacks.


• Immutable Ledger: The immutable ledger ensures the integrity of stored data, making it exceptionally challenging for malicious actors to tamper with information.


• Smart Contracts in E-Business: The automation capabilities of smart contracts enhance the enforcement of security protocols, bolstering the protection of digital assets.


• Cryptography: Robust cryptographic techniques underpin blockchain security, safeguarding data from unauthorized access.


• Transparency: The transparent nature of blockchain allows for real-time monitoring and auditing, facilitating the early detection of security breaches.


• Data Privacy: Blockchain's data privacy features, including permissioned networks and zero-knowledge proofs, address concerns surrounding privacy in cybersecurity.

The study also investigates real-world applications and e-business of blockchain technology in cybersecurity across industries, from financial services to healthcare and supply chain management. It highlights successful case studies and identifies the challenges and limitations faced in implementing blockchain solutions.

In conclusion, this research underscores the transformative potential of blockchain technology in e-business by fortifying cybersecurity measures. By examining the critical determinants that drive its application, organizations and policymakers can make informed decisions regarding the adoption of blockchain to enhance cybersecurity in the modern technology era. The study encourages further exploration and innovation in this dynamic and rapidly evolving field to secure our digital future.