Application of Blockchain in Cybersecurity

Some of the most common ways that blockchain is being used in cybersecurity include:

Identity management: Blockchain can be used to create secure digital identities that cannot be counterfeit or stolen. This is particularly useful for protecting user data and preventing identity theft.

Data security: Blockchain’s distributed ledger technology can be used to securely store sensitive data, such as medical records or financial information. This data can only be accessed with the permission of the owner, making it much more secure than traditional centralized storage solutions.

Malware detection: Blockchain can create a decentralised computer network that can scan for malware and viruses. This network can then share this information with all other nodes on the network, allowing for quick and effective malware detection.

DDoS protection: Distributed ledger technology can be used to create a decentralized network of servers that are resistant to DDoS attacks. This is because each node in the network would need to be attacked simultaneously, which is much harder to achieve than with a centralized server.

Originally published: https://vegavid.com/blog/blockchain-use-in-cybersecurity/