How Can Blockchain Be More Secure?
Blockchain technology is unarguably one of the most potent innovations in the past few decades. It has opened up a plethora of use cases in various industry verticals with the help of blockchain projects that brings exceptional utility for global users. However, a blockchain project requires several ingredients in the right proportions to be successful. One of the essential ingredients is funding, which is done using different crowdfunding processes. Like any other investment, crowdfunding also acts as a monetary vote of confidence from the investors for the project. However, crowdfunding....
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Nations working to decommission nuclear weapons should turn to blockchain to build trust and make the verification process more secure, a new policy report says.
Edward Snowden's public leakage of intel from the National Security Agency (NSA) has been one of the biggest threats to the institution's security and reputation. Cryptocurrency industry experts say that blockchain technology can be employed to prevent this scenario from ever happening again. Blockchain refers to the public ledger of transactions for bitcoin, as each block is added for every verified transaction. This verification process is done by a network of computers solving complex algorithms in a system initially introduced by Satoshi Nakamoto back in 2008. Blockchain Technology....
IBM has introduced a cloud-based blockchain service for business-to-business networks that allows companies to test performance, interoperability and privacy of blockchain ecosystems. The company noted in a press release that the service is suited to organizations in regulated industries. IBM’s blockchain cloud is supported by IBM LinuxOne, which IBM considers the industry’s most secure Linux-only server. LinuxONE addresses the security requirements of the healthcare, government and financial sectors. Cloud Gives Secure Access. IBM’s cloud services are designed to run blockchain in a....
Tech giant Microsoft has established a partnership with Blockchain identity startup Tierion to secure sensitive pieces of information on a public Blockchain. Daniel Buchner from the Microsoft Azure Identity team will be leading a project called decentralized identity initiative which features extensive collaboration with Tierion and its developers. Cooperatively, the Microsoft and Tierion development teams are looking to build a Blockchain-based platform wherein anyone can sign data, claims and agreements in an immutable and transparent ecosystem. Commercialization. Ultimately, Microsoft....