BLOCKCHAIN AND THE DECENTRALISATION OF THE CYBERSECURITY INDUSTRY

Abstract

This paper aims to analyse the potential impact that blockchain technology will have on the cybersecurity industry. We will look at different applications of blockchain technology in the field of cybersecurity, as well as a new trend of decentralisation of cybersecurity services. Blockchain is precisely a cybersecurity architecture that enables the decentralisation of processes and business models, which could have a direct consequence on cybersecurity services, as well as on the industry itself. Cybersecurity companies will have to adapt to a new ecosystem in which the blockchain technology will enable crowdsourcing of cybersecurity services. Keywords: Blockchain, Cybersecurity, Disruptive Technology, Technology Innovation, Technology Strategy