Blockchain and Cybersecurity: Safeguarding Fintech Transactions in the Digital Age

The rise of financial technology (fintech) has revolutionized the way financial transactions are conducted, offering greater efficiency, accessibility, and innovation. However, with these advancements come significant cybersecurity challenges, as the increasing digitization of financial services makes them vulnerable to cyber threats. Blockchain technology, known for its decentralized and immutable nature, has emerged as a promising solution to enhance the security of fintech transactions. This review explores the intersection of blockchain and cybersecurity, examining how blockchain technology can be leveraged to safeguard fintech transactions, the challenges associated with its implementation, and future directions for integrating blockchain into the fintech ecosystem.