The Repository @ St. Cloud State

Open Access Knowledge and Scholarship

Date of Award


Culminating Project Type

Starred Paper



Degree Name

Information Assurance: M.S.


Information Assurance and Information Systems


Herberger School of Business

First Advisor

Susantha Herath

Second Advisor

Jim Chen

Third Advisor

Erich Rice

Fourth Advisor

Abu Hussein Abdullah

Creative Commons License

Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Keywords and Subject Headings

Blockchain, Cybersecurity, CIA triad, IoT


A blockchain is a decentralized public ledger facilitating secure transactions between untrusted network nodes. It has garnered significant recognition for its pivotal role in cryptocurrency systems, where it ensures secure and decentralized transaction records. Over the past decade, blockchain has attracted considerable attention from various industries, as it holds the potential to revolutionize multiple sectors, including cybersecurity. However, this field of study is relatively new, and numerous questions remain unanswered regarding the effectiveness of blockchain in cybersecurity. This research adopted a qualitative research design to investigate the current implementations of blockchain-based security and their applicability in the current cybersecurity context. Additionally, this work explored the mechanisms employed by blockchain to uphold the security triad. Findings indicate that blockchain exhibits substantial potential in addressing existing challenges in cybersecurity, particularly those related to the Internet of Things, data integrity and ownership, and network security. Nonetheless, widespread adoption faces limitations due to technological immaturity, high-cost complexity, and regulatory hurdles. Therefore, utilizing blockchain-based solutions in cybersecurity necessitates a thorough analysis of their applicability to an organization's specific needs, a clear definition of implementation goals, and careful navigation of challenges.