ITC571 Project: Blockchain Technology for Enhanced Financial Security

This ITC571 capstone project report investigates the use of blockchain technology to enhance cybersecurity within the financial industry. The research employs a secondary research methodology, utilizing qualitative data from various sources to analyze the potential of blockchain in addressing security challenges. The findings suggest that blockchain offers a robust security measure for financial institutions, improving data protection and operational security. The report concludes that blockchain technology can significantly boost confidence in the security of financial processes and is poised for future growth and increased security applications within business operations. Desklib provides access to similar project reports and solved assignments for students.

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Table of Contents
Final Report - Value: 35%
Full Name
Student ID
Subject ITC571 – Emerging Technology and Innovations
Assignment No Capstone Project Report
Due Date 06-May-2019
Lecturer’s Name Malka N. Halgamuge
1. Aim of the project-
The aim of the undertaken project is studying the main role that the
blockchain plays in financial industries.
2. Method used in the project-
The method that is included in this project is secondary research
method. The secondary research method in this paper helps the
researcher to carry out study by different papers written by different
authors. Qualitative data has been carried out for this research.
3. Results Obtained-
The results obtained from this research states that cyber security of
blockchain is the most security measures that can be implemented by
the financial sectors to provide security to the data.
4. Discussion-
From the research, it can be analyzed that the blockchain is an
important security measures to be included in financial sector for
providing security to the operations. The concept of Blockchain helps
the organizations to solve all the security problems that are included
in the business operations.
5. Conclusion-
From the discussion, it can be concluded that the concept of
blockchain will help the organization to earn their confidence in the
working process of the organization. The concept of blockchain will
improve in the future providing more security in the business
operation.
REFERENCES
Ahram, T., Sargolzaei, A., Sargolzaei, S., Daniels, J., &
Amaba, B. (2017, June). Blockchain technology
innovations. In 2017 IEEE Technology &
Engineering Management Conference (TEMSCON)
(pp. 137-141). IEEE.
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Li, X., Jiang, P., Chen, T., Luo, X., & Wen, Q. (2017). A
survey on the security of blockchain systems. Future
Generation Computer Systems.
Sadouskaya, K. (2017). Adoption of Blockchain Technologyin
Supply Chain and Logistics.
Scott, B., Loonam, J., & Kumar, V. (2017). Exploring the rise
of blockchain technology: Towards distributed
collaborative organizations. Strategic Change, 26(5),
423-428.
Role of Blockchain Technology in Cyber-
Security in Financial Industries
School of Computing and Mathematics,
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