EXPLORE THE USE OF BLOCKCHAIN TECHNOLOGY TO CREATE SECURE AND TRANSPARENT FRAMEWORKS FOR SHARING SENSITIVE DATA ACROSS VARIOUS INDUSTRIES, SUCH AS HEALTHCARE AND FINANCE

Abstract

This study offered information on how blockchain technology can bring revolution in data security and transparency challenges in industries specifically focusing on healthcare and finance. In that case, by examining concepts like distributed ledgers as well as consensus mechanisms and smart contracts, blockchain technology has been discussed. On the other hand, exploring the range of applications of blockchain in finance and healthcare helps to understand this aspect positively. In that case, this study offers information to enhance data privacy and integrity in healthcare. Here, this tech improves data security and interoperability through improved transaction security and transparency.