The response to home work task week 6 by @gbenga. The blockchain serves as security to cyber scams.

in SteemitCryptoAcademy3 years ago (edited)

Leaning unto the blockchain as a method that offers security is something that most of us are aware of, every day more people are desirous of the intense security on the blockchain and they are feeling more secure to carry our transactions therein. This experience is not limited to individuals alone but even industries are taking good advantage of the blockchain to carry out transactions and ensure that every paid worker is carrying out its task effectively.

With the increasing speed of technology, we have our data spread across various lengths and this means exposing our privacy to more attacks. Every day as our exposure to the internet increases, we are also exposed to the risk of getting our account hacked and our information leaked to criminals.

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Using the blockchain which is a distributed ledger is really helping to curb the serious effect of cybercrimes a lot, the ledger system on which the blockchain operates is a decentralized system and this makes every information carried out there completely transparent to everyone available on the blockchain. The extremely decentralized nature of the blockchain makes it a perfect remedy to solve cyber security issues.

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With the blockchain, the entire database of an asset cannot be hacked, the information’s kept well and protected by users on the blockchain is actually not penetrable for hackers to get into. The option of having a private and public key on the blockchain is another important source that promotes security, hackers cannot gain access into a user account except they have access to the private key of that user, if the user is smart enough to keep its private keys safe, it is certain that his account is safe as well.

The scanning of a single retina, a single password on a single smart phone are actions by the blockchain that makes it extremely difficult for a particular account to get scammed, cyber security has remained a big problem with the increased exposure of technology but the blockchain is also closing the doors to this and serving as a big protection and safety to blockchain users.

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Thank you for reading.
Cc:
@yohan2on
@steemcurator01
@steemcurator02
@steemitblog

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Thanks for participating in this week's assignment. Cyber security is important as data is very important.

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These things are widespread at the current time. Besides, development is really important, so I think you should acquire knowledge in cyber security issues. When I became more interested in this problem, a programmer friend decided to advise this resource https://www.clearnetwork.com where I found cyber experts that have helped me to get what I needed. Each creator of different projects should probably know these tips.

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