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In the current era of rapid technological advancement, while numerous problems have been addressed, the issue of data security has emerged as a significant challenge. This concern is prevalent across various sectors, including finance, healthcare, and daily activities, where protecting sensitive data is paramount. Against this backdrop, blockchain technology, characterized by its decentralized nature, presents a compelling solution to these security difficulties. This paper aims to shed light on the efficacy of blockchain as a robust security tool, emphasizing its potential to safeguard data in an increasingly vulnerable digital landscape. In this paper, we explore the strengths of blockchain security and the prospective advancements that promise to fortify data protection shortly.
Benaich et al. (2024) studied this question.