Blockchain-Integrated IAM Systems: Mitigating Identity Fraud in Decentralized Networks
Keywords:
Blockchain Technology, Identity and Access Management (IAM), Identity Fraud, Decentralized Networks, Cryptographic Security.Abstract
The rapid proliferation of decentralized networks has underscored the need for robust Identity and Access Management (IAM) systems capable of mitigating identity fraud. Traditional IAM solutions, often centralized and vulnerable to single points of failure, struggle to meet the security demands of these evolving ecosystems. This paper explores the integration of blockchain technology with IAM systems to enhance the integrity, transparency, and security of identity management processes. By leveraging the immutable nature of blockchain, the proposed framework addresses key challenges in identity verification, authentication, and access control within decentralized environments. Through a comprehensive analysis of blockchain's unique features—such as distributed ledger technology, cryptographic security, and smart contracts—this study delineates a novel approach for establishing trust and accountability in identity management. Additionally, the paper presents a case study demonstrating the practical application of blockchainintegrated IAM systems in real-world scenarios, showcasing their potential to reduce identity fraud significantly. The findings reveal that this innovative integration not only enhances security but also promotes user autonomy and control over personal data. Ultimately, this research advocates for the adoption of blockchain technology as a foundational element in future IAM solutions, paving the way for safer, more resilient decentralized networks.