Investigating Blockchain Security for IoT Applications

This report investigates the security aspects of blockchain technology, focusing on its application in the Internet of Things (IoT). It explores the use of blockchain for enhancing data integrity and combating DDoS attacks. The report highlights the importance of blockchain in securing digital identities and improving overall security in a data-driven society. It discusses the challenges and potential of blockchain in the context of evolving cyber threats, particularly the sophistication of malware and cyberattacks. The report also provides insights into how blockchain can be leveraged to secure banking and payment transactions. The research aims to provide a deeper understanding of blockchain's impact on database systems and its role in addressing security vulnerabilities in various applications.

Assessment item 3
Information security
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Table of Contents
Abstract............................................................................................................................................3
Reference.........................................................................................................................................4
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Abstract
Topic: Investigating security of Blockchain enabled applications
The blockchain is known as the technology which meant to store, read and validate
transaction in a distributed database system. Along with this, it is considered to both alluring and
critical for making a sure increase in security and privacy for diverse application in different
domains which includes in the internet of things (Peter and Moser, 2017). This topic was
selected because it helps in providing information related to the implementation of the
blockchain. Blockchain can easily improve everything from the data integrity and digital
identities for making sure safer Internet of things (IoT) device in respect to prevent DDOS
attacks. Issues in this are that technologies have changed each and everything related to the way
people live especially in the data-driven society. This research will help in developing a deep
understanding related to the Blockchain and its impact on the database system. In the present
time, malware designers and cyber attackers are innovative and they are regularly trying to the
avoid existing actions, for instance, producing a diverse version of malware using alteration
(O'Leary, O'Reilly and Cristoforo, 2017). However, the internet is one of the great tools in
respect to the sphere of the modern digital life, it is highly defective in terms of the lack of
security and privacy.
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Reference
O'Leary, K., O'Reilly, P., and Cristoforo, J., 2017, August. Exploring the Application of
Blockchain Technology to Combat the Effects of Social Loafing in Cross Functional Group
Projects. In Proceedings of the 13th International Symposium on Open Collaboration (p.
13). ACM.
Peter, H. and Moser, A., 2017. Blockchain-Applications in Banking & Payment Transactions:
Results of a Survey. European Financial Systems 2017, p.141.
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