Abstract
Enterprise Resource Planning (ERP) systems serve as the backbone of modern organizations, streamlining critical business processes and managing sensitive data. However, the increasing frequency of cyberattacks poses a significant threat to ERP security. To address this challenge, the integration of blockchain technology into ERP systems has gained substantial attention in recent years. This paper is about the role of blockchain in enhancing ERP security. Blockchain’s immutable and decentralized ledger technology offers several advantages in fortifying ERP security. By storing transaction data across a distributed network of nodes, it ensures data integrity and authenticity, diminishing the aspect of data tampering and unauthorized access Smart contracts, executed automatically when predefined conditions are met, enable secure and transparent transactions within ERP systems. Furthermore, blockchain enhances user authentication and access control mechanisms, mitigating the risk of insider threats. The elimination of central authorities in blockchain-based ERP systems minimizes the susceptibility to single points of failure, enhancing system resilience. This review also examines the potential challenges and limitations of blockchain integration in ERP security, such as scalability issues and regulatory concerns. Additionally, it discusses notable case studies and real-world applications of blockchain in ERP security across various industries. Integration of blockchain technology in ERP systems offers a promising approach to bolstering security, ensuring data integrity, and reducing vulnerabilities. As organizations continue to embrace digital transformation, understanding the implications and opportunities of this integration is crucial for safeguarding critical business processes and sensitive information in the modern era of cybersecurity threats.