Abstract

Since the publication of Satoshi Nakamoto's white paper on Bitcoin in 2008, blockchain has (slowly) become one of the most frequently discussed methods for securing data storage and transfer through decentralized, trustless, peer-to-peer systems. This research identifies peer-reviewed literature that seeks to utilize blockchain for cyber security purposes and presents a systematic analysis of the most frequently adopted blockchain security applications. Our findings show that the Internet of Things (IoT) lends itself well to novel blockchain applications, as do networks and machine visualization, public-key cryptography, web applications, certification schemes and the secure storage of Personally Identifiable Information (PII). This timely systematic review also sheds light on future directions of research, education and practices in the blockchain and cyber security space, such as security of blockchain in IoT, security of blockchain for AI data, and sidechain security.

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