The blockchain technology is gaining a great attention nowadays, but the question arises about scalability, security, and sustainability of the technology. Blockchain’s current level of security from a system and data perspective for both public and private records.
Blockchain Technology has a concept of privacy and security, it makes sure your personal data will remain anonymous.
The point of view also emphasizes how the technology can provide increased security value in regards to current implementations.
Blockchain, the technology behind the bitcoin digital currency, is a distributed public record of transactions that no one person or company owns or controls. Instead, every user can access the whole blockchain, and every transfer of funds from one account to another is recorded in a secure and testable form by using mathematical techniques retended from cryptography.
No cyber armor or information system can be view as 100 % safe. What is assume safe today won’t be tomorrow given the advantageous nature of cybercrime and the criminal’s ability to seek new methods of attack.
Although some of blockchains hidden capabilities provide data clandestinity, integrity and availability, just like other systems, cybersecurity controls, and standards need to be adopted for organisations using blockchains within their technical infrastructure in order to protect their organisations from external attacks.
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