How Blockchain Technology Enhances Cyber-Defense?

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Blockchain technology is playing an instrumental part in making cyberworld more secure and unbreachable. The name blockchain was primarily attached with cryptocurrency, but this new-age technology can have a transformative impact in providing top-notch cyber-security.


Blockchain and Advanced Cyber-Defense-

Organizations all over the world are utilizing blockchain in a variety of ways and the most popular one is in the field of cyber-security. The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. This could potentially help enhance cyber-defense as the platform can prevent fraudulent activities via consensus mechanisms, and detect data tampering depending on its underlying characteristics of operational resilience, data encryption, auditability, transparency and immutability

Businesses are able to authenticate devices and users without the need for a password with the help of blockchain technology. This eliminates human intervention from the process of authentication, thereby avoiding it from becoming a potential attack vector. Blockchain technology is being used in a variety of ways including Bitcoin, financial, technology, healthcare, and insurance industries as a way to protect cyber data. They are growing in popularity because you can put any digital asset or transaction into a blockchain. It doesn't matter what industry you're a part of.

With blockchain technology, there’s no middleman that could potentially serve as a source of leaks or compromised data. Digital certificates keep every transactional participant completely anonymous, and a private-public key mechanism coupled with powerful cryptographic algorithms keep everything secure. The amount of privacy different blockchain use-types and their users will need is a further complication, and new designs are needed today to supplement the use of ‘private side-chains’ connected to the central blockchain.

The complex structure provides blockchain technology with the ability to be the most secure form of storing and sharing information online that we’ve discovered so far. That’s why innovators have begun applying the technology for boosting cyber-security loopholes.

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