1. BLOCKCHAIN
TECHNOLOGY
Prepared by:
KRUPAL PATEL-200339616189
RUTUL GANDHI-200339616145
RUSHIK PATEL-200339616196
ASHVI PATEL-200339616179

2. INTRODUCTION
 Interconnected blocks of data, each containing a record of
transaction or data, form a secure chain of events and
information.
 The chain is immutable and resistant to tampering, allowing for
secure data storage and secure exchange of information.

3. Abstract
 Blockchain has promise as an approach to developing systems for a
number of applications within cybersecurity. In Blockchain-based
systems, data and authority can be distributed, and transparent and
reliable transaction ledgers created. Some of the key advantages of
Blockchain for cybersecurity applications are in conflict with privacy
properties, yet many of the potential applications have complex
requirements for privacy. Privacy-enabling approaches for Blockchain
have been introduced, such as private Blockchains, and methods for
enabling parties to act pseudonymously, but it is as yet unclear which
approaches are suitable in which applications. We explore a set of
proposed uses of Blockchain within cybersecurity and consider their
requirements for privacy. We compare these requirements with the
privacy provision of Blockchain and explore the trade-off between security
and privacy, reflecting on the effect of using privacy-enabling approaches
on the security advantages that Blockchain can offer.

4. Working of Block Chain
 Block chain works by using
a distributed ledger, which
is a shared record of data
and transactions that is
shared among a network of
computers.
 This ledger is immutable
and cryptographically
secure, meaning that it can
not be changed or tampered
with.

5. Advantages
 Blockchain technology offers a secure and efficient way to store
and transmit data across a distributed network.
 It offers unparalleled transparency and trust, enabling users to
securely access and manage their data without the need for a
third-party intermediary.

6. Disadvantages
 Although blockchain technology offers users a secure and
efficient way to store and transmit data, it also has certain
drawbacks.
 The cost of maintaining a distributed ledger can be high, and
the technology is still in its infancy.

7. Use of Blockchain Technology
 Blockchain technology can be used to securely store and
transmit data, create digital contracts, and facilitate secure
digital transactions.
 It is being used in a variety of applications, from healthcare to
banking and finance, to ensure secure and efficient data
storage and transmission.

8. Conclusion
 Blockchain technology has the potential to greatly improve the
security and efficiency of data storage, transmission, and digital
transactions.
 As the technology develops, it will become increasingly
important for businesses, governments, and individuals to
understand the benefits and challenges associated with
blockchain technology.

9. You