Blockchain and cyber security
Greetings to you all!
Blockchain and cyber security have strong link with each other so with the help of this content it would be clear for you.
We all know that from the few years blogging is a technology which is getting significant attention by people and not only it has effect on different industries but also have great impact at discipline of cyber security and we all know that how much there is security in blockchain being ecentralised and being having record of all the transactions so it can give significant benefits to cyber security also in this way.
• Most important thing that we all have discussed many time is decentralised nature of blockchain which provides enhanced level of security to its architecture. If I compare traditional centralised system with blockchain then there are more point of failures and different bridges in centralised traditional systems than in blockchain that don't give access to any unauthorised person so in this way to becomes difficult to manipulate any data by any malicious person.
• Cyber security also have link in Data integrity and privacy and for this act blockchains there are cryptography techniques used that have different algorithms which are also cryptographic in their nature. Not only security or intellect of blockchain transactions remains protected but also privacy of sensitive information remains safe.
• When we talk about smart contract concept then it is also present in blockchain technology and it is also providing cyber security in this way because these contracts are self executing and they have their own set rules that enable automated transactions without any need of Central entity. By the elimination of any Central single entity blockchain potential surface area for Cyber criminals attack reduces because their remains many few vulnerability points.
• By the improvement of Identity management and authenticity process cyber security can be enhanced by blockchain. We all know about some of that traditional authentication methods which includes second password or usernames but they are more suspetible to hack by hackers but block chain based identity systems are very secure because they use cryptography techniques for ensuring integrity of Identity of users.
• In realm of data integrity and provenance blockchain can contribute to cyber security and for creation of immutable record of data for ensuring origin of data and its authenticity blockchain is utilised. There are different chains like supply chain management in which there is requirement of verification for integrity of products. In this way organisations can create transparent system for tracking movements of goods by giving leverage to blockchains.
From start I have just talked about benefits of blockchain at cyber security or in the field of cyber security but despite these benefits there are some of the challenges also that's why it is very important to keep in mind that blockchain technology is not like everything for cyber security challenges but block chain could be a way of enhancement of security in different sectors,because it is not immunity every kind of attack.
As an example I can say that for social engineering attack and for vulnerability or other issues blockchains are also still susceptible so with the passage of time development and improvements can be made.
That was all about blockchain basics which we all already know in which I have linked field and chapter of cyber security with blockchain that how blockchain have its impact in the field of cyber security and at last I have made it clear that cyber security and blockchain both are the fields in which there is need for a lot of improvements and both these are not everything for each other.
https://twitter.com/sahar78147909/status/1780991147961196548?t=Pc4xylfd_2VW-wm3wWLlag&s=19
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Regards,
@jueco