THE ROLE OF BLOCKCHAIN IN DATA GOVERNANCE: EXPLORING ITS IMPACT ON DECENTRALIZED DATA INTEGRITY, PRIVACY, AND COMPLIANCE ACROSS INDUSTRIES
Keywords:
Blockchain, Data Governance, Decentralized Systems, Data Privacy, Compliance, Smart Contracts, Healthcare, Supply Chain, Immutability, AuditabilitySynopsis
As data volumes and regulatory scrutiny intensify across sectors, robust data governance frameworks are becoming indispensable. Blockchain technology, with its foundational characteristics of decentralization, immutability, and transparency, has emerged as a potential enabler of enhanced data governance. This paper investigates the application of blockchain in facilitating decentralized data integrity, ensuring privacy, and improving compliance across various industries. Through a comprehensive review and analysis of current implementations, the study explores how blockchain can reinforce trust, mitigate risks, and streamline regulatory adherence in sectors such as healthcare, finance, and supply chains. The study also includes visual models and a comparative table to highlight practical use cases and adoption challenges. Key findings reveal that while blockchain introduces novel solutions to data integrity and auditability, concerns remain about scalability, interoperability, and legal accountability.
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