You are viewing a single comment's thread from:

RE: Equifax Security Breach / Reasons for the Bitcoin Price Drop / Thoughts on Waltonchain

in #bitcoin8 years ago (edited)

Thanks for the reply! I was actually thinking about ways to introduce blockchain as a step in maximizing the security of traditional systems. For example if there was a blockchain layer of security that would require a valid transaction to be made to a unique address to then enable one to get access to a unique one time key that allows one to access encrypted information regarding credit history or PII it would be a much better system. At the end of the day I think the security did not reflect the confidentiality of the information that was being stored and that's what led to the breach.

Coin Marketplace

STEEM 0.08
TRX 0.30
JST 0.035
BTC 109634.13
ETH 3837.74
USDT 1.00
SBD 0.53