Iranian Journal of Information Processing and Management

Iranian Journal of Information Processing and Management

Blockchain Beyond Cryptocurrency: Emerging Applications in Secure Data Sharing

Document Type : Original Article

Authors
1 Al-Turath University, Baghdad 10013, Iraq
2 Al-Mansour University College, Baghdad 10067, Iraq
3 Osh State University, Osh City 723500, Kyrgyzstan
4 Al-Rafidain University College Baghdad 10064, Iraq
5 Madenat Alelem University College, Baghdad 10006, Iraq
Abstract
ABSTRACT
Background: Blockchain, mainly known for supporting cryptocurrencies, has a much broader role, as seen in this paper. These fundamental features of decentralization and immutability guarantee improved security and transparency in multiple spheres of human life.
Objective: The article seeks to review current literature on new prospects of using blockchain as a secure way of sharing data with the purpose of establishing its advantages and disadvantages in this field.
Methods: Relevant academic articles and papers published in the last 5 years were considered, and research cases of blockchain applications in numerous fields including healthcare, finance, supply chain, etc. This incorporates a review of blockchain within the capacity of data integrity, confidentiality, and availability.
Results: The results show that blockchain can greatly improve the security and credibility of data in data sharing by reducing common vulnerability and offering reliable traceability. The technology ensures safe transactions of data and minimizes the possibilities of manipulation of data in fields which involve sensitive data processes.
Conclusion: Opportunities for the blockchain for secure data sharing are demonstrated across several industries through current advancements. However, it also has limitations that includes size ability, compatibility and legislation issues which still has to be solved. The study should therefore consider the following recommendations about the barriers outlined above in order to enhance the application of blockchain in secure data sharing in the future.
Keywords

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