Cited by 442Blockchain Technology Applications and SecurityBlockchain Technology in Education and LearningCryptography and Data Security

The Blockchain as a Decentralized Security Framework [Future Directions]

Puthal, Deepak, Malik, Nisha, Mohanty, Saraju P., Kougianos, Elias, Yang, Chi·2018·IEEE Consumer Electronics Magazine

Abstract

The blockchain is emerging as one of the most propitious and ingenious technologies of cybersecurity. In its germinal state, the technology has successfully replaced economic transaction systems in various organizations and has the potential to revamp heterogeneous business models in different industries. Although it promises a secure distributed framework to facilitate sharing, exchanging, and the integration of information across all users and third parties, it is important for the planners and decision makers to analyze it in depth for its suitability in their industry and business applications. The blockchain should be deployed only if it is applicable and provides security with better opportunities for obtaining increased revenue and reductions in cost. This article presents an overview of this technology for the realization of security across distributed parties in an impregnable and transparent way.

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Crossref · 10.1109/mce.2017.2776459

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Authors
Puthal, D., Malik, N., Mohanty, S. P., Kougianos, E., & Yang, C.
Affiliations
  • University of Technology Sydney (AU)
  • University of North Texas (US)
  • Unitec Institute of Technology (NZ)
Venue
IEEE Consumer Electronics Magazine
Published
2018-03
Volume
7
Issue
2
Pages
18-21
ISSN
  • 2162-2248 (ISSN-L)
  • 2162-2256
OpenAlex
W2786885474
Cited by
442
References
10
Citations by year
2026: 14 · 2025: 37 · 2024: 33 · 2023: 50 · 2022: 66 · 2021: 69 · 2020: 79 · 2019: 64 · 2018: 29 · 2017: 1
FWCI
97.17
Type
journal article
Language
en
Open access
closed
Locations
  • IEEE Consumer Electronics Magazine (publishedVersion)
  • UTS ePRESS (University of Technology Sydney) (submittedVersion)
Topics
  • Physical Sciences › Computer Science › Information Systems › Blockchain Technology Applications and Security
  • Physical Sciences › Computer Science › Information Systems › Blockchain Technology in Education and Learning
  • Physical Sciences › Computer Science › Artificial Intelligence › Cryptography and Data Security
Keywords
blockchain, cybersecurity, decentralized security, distributed systems, information sharing, transparency, business applications of blockchain

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