The Blockchain Paradigm: Assessing Adoption Barriers and Strategic Opportunities in the Digital Economy

Abstract

Blockchain technology provides an extensive network with inherent security attributes, including cryptography, decentralization, and consensus, which enhance trust in transactions. The Internet of Things (IoT) is increasingly recognized as an emergent use of blockchain in finance and security. The fundamental requirement for every blockchain user is to prioritize data security, integrity, and availability. In 2025, trust is essential for the protection of third parties managing private and public privileges. The identified advantages and disadvantages prompted us to conduct an advanced and thorough examination of the applicability of blockchain technology. This study examines security challenges related to blockchain technology and categorizes the security threats across six layers by comparing and analyzing current security methods. The pa per examines and delineates numerous security dangers and challenges related to the implementation of blockchain technology, promoting the oretical exploration and the development of robust security protocols in present and future distributed work environments.