BLOCKCHAIN TECHNOLOGY AND ITS IMPACT ON SECURE DIGITAL TRANSACTIONS

Daminova Barno Esanovna, Ruziyeva Oynisa Rahimkul Kizi and Hamidova Nozima Ulugbek Kizi

GREEN ECONOMY AND DEVELOPMENT, 2026, vol. 4

Abstract: Blockchain technology has emerged as one of the most significant innovations in the field ofdigital information systems, providing a decentralized, transparent, and secure framework for conducting digitaltransactions. As organizations increasingly adopt digital platforms for financial operations, data exchange, andbusiness processes, ensuring transaction security has become a critical challenge. This study aims to analyzethe impact of blockchain technology on secure digital transactions, identify its advantages and limitations, andevaluate its role in enhancing trust and transparency within digital ecosystems. The research methodologyis based on a systematic review of scientific literature, comparative analysis of blockchain applications, andassessment of empirical findings from various industries. The results indicate that blockchain significantlyimproves transaction security, reduces fraud risks, enhances transparency, and eliminates the need forintermediaries. However, challenges such as scalability, regulatory uncertainty, and energy consumptioncontinue to affect widespread adoption. The study concludes that blockchain technology has substantial potentialto transform digital transaction systems while requiring continuous technological and regulatory development.

Keywords: blockchain technology; digital transactions; distributed ledger; smart contracts; cryptocurrency; cybersecurity; data integrity; decentralization; financial technology; information security (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:4:y:2026:id:11262

DOI: 10.5281/zenodo.20796626

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