A permissioned blockchain like Hyperledger Fabric network provides more control over data to participants than public blockchain and data subjects have more command over their personal data.
It’s no secret that big tech giants hold some of the world’s biggest data repositories. With an unhealthy concentration of market power in the media industry through their exclusive “walled gardens'' of user data, where can the internet go from here?
How can businesses walk the tightrope between using critical customer data and protecting their privacy? Emerging privacy technologies like blockchain and confidential computing provide an ideal solution.
Researchers from MIT believe that even when electronic voting methods are secured by blockchain technology, they are still far too vulnerable to outside attack.
SSI as a digital identity model not only keeps PII safe but also provides digital guardianship for patients by placing conservatorship of their digital wallet and credentials with their trustees.
Bio-cybersecurity is not to be taken lightly as data breach could lead to healthcare companies buying back patient data from ransomware or hackers using stolen genetic data to blackmail individuals.
Technology should provide us with the tools we need to feel in control of our personal data, not the opposite. Is there any technology available that can actually stop the companies from making money out of our data?
The features that make blockchain so attractive to enterprises are also the very features that could lead to headaches like “blockchain privacy poisoning", which Gartner has named as one of the biggest risks facing organizations over the next few years.
Blockchain can bring the world to a common consensus of “what exactly happened” when it comes to threat intelligence, reducing confusion and complication, and promoting trust in the information.
There is an obvious problem with how we approach cyber security. But blockchain may enable a single marketplace of enterprises, consumers, vendors and geographically-diverse security experts to help revise the hiring model, make cyber security more efficient, and decrease the impact of malicious attacks globally.
