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Top Blockchain Use Cases in Cybersecurity
Blockchain can prevent hacks common in centralized DNS by decentralizing the website's DNS entries, providing the customers with a secure and problem-free customer experience.
Fremont, CA: Everyone is familiar with blockchain as the technology that underpins Bitcoin. However, many people are unaware that, as its popularity grows, new applications to keep people and businesses safe are on the horizon. Today, blockchain is blossoming into a promising cybersecurity mitigation technology.
Cyber threats are still a constant source of concern today. Security breaches are becoming more common than ever in industries and businesses of all sizes. That doesn't even take into account tech startups and large IT conglomerates! Fortunately, blockchain has a growing number of applications in cybersecurity. Let's see how blockchain technology is helping the situation.
- A More Secure DNS
Customers can be turned off by a Domain Name System (DNS) attack instantly. It's because hackers have discovered how to exploit the link between an IP address and the name of a website. Blockchain can prevent hacks every day in centralized DNS by decentralizing the website's DNS entries, providing the customers with a secure and problem-free customer experience.
- IOT And Connected Device Security
Hackers have historically used edge devices to take control of entire systems. To avoid malicious attacks, we can now incorporate blockchain into the security framework of IoT and connected device systems. The extra layer of security provided by blockchain minimizes the danger of data breaches in both commercial and personal smart devices.
- Securing Data in Transmission
Using blockchain's encryption feature ensures that the data does not fall into the hands of anyone who is not authorized to see it.
- Decentralized Form of Data Storage
Nowadays, storing data in a centralized database is the best way to avoid cyber attacks. Users can use blockchain to store distributed, decentralized, and automated ledger data. Hackers will find it nearly impossible to gain access to the company's data storage systems due to this.