How Blockchain Can Prevent Data Breaching

Figure 1; https://medium.com/@feelium/blockchain-technology-will-support-cyber-security-to-prevent-data-tampering-c99aa3f611bb

Blockchain can be described as a database that exists on multiple computers and can be seen in all the devices at the same time. Over the years, data has been getting into the wrong hands of hackers who end up losing sensitive information such as financial credentials. Millions of people have found themselves in this trap of hacking such as the Equifax breach of 2017. Although data security may sound like an issue to do with technology, it all comes down to personal control and individual privacy.

In our world today, a lot of people do not trust fellow human beings with their data. That is why a significant number has embraced the Blockchain platform that helps people secure their data in a well secured and inaccessible location. Nevertheless, a lot of people have hyped the use of Blockchain and have thus overlooked the probable benefits and losses associated with it.

Benefits of using Blockchain

  • Provision of data security. Data is one of the most crucial assets in the world today. This is seen in big companies such as Facebook, Apple, and Amazon. Securing the data of this business is, therefore, a top priority. When compared to other services such as Cloud, Blockchain can be chosen over them.
  • It will reduce the costs of security
  • Increased transparency
  • Increased efficiency

How Blockchain Works to Ensure Strong Security on Data

  1. Decentralized way of securing data

Blockchain is decentralized in nature meaning it does not rely on one point of location for its control. This means that it relies on varieties of protocols all across the globe to validate any transactions and reliably record all manner of data. Being a ledger of information, it becomes only crucial for a company to store only honest and accurate data. Blockchain is very reliable because if one of the computer malfunctions, you can still get your data on multiple computers.

  1. Encryption and validation

Blockchain ensures that all your data is encrypted before storage. This makes it very difficult for any modification. To make it more secure, Blockchain gives one a chance to save a cryptographic signature of all the files. This means that your data will remain un-tampered, meaning you don’t have to save your entire file on Blockchain. Due to its decentralized nature, one has an opportunity to cross-check that the file signatures have not been changed from any part of the network.

By merely looking at a file, it is very easy to tell that the file is in the original form that you left it before. Once a crook decides to change the signature, it will be declared invalid, and the individual will be denied a chance to change anything in your file. Blockchain ensures reliable and independent data verification which is very hard to find in other systems of data security.

  1. Difficulties in hacking

Looking at the name, ‘Blockchain’ means a stack or blocks of digital records of transactions. Being contained in one location, it becomes challenging to change the algorithms of any data from a single computer. These ledgers are distributed all across the networks and are continually updated and synced now and then. It is prevalent for hackers to get into traditional systems and find all the data stored in one piece. However, with Blockchain, it becomes tough to get past the security walls.

Technology has been in constant growth over the past years. This means that companies have also developed more data for their business. Unfortunately, it becomes tough to store this vast data without fear of data breaches. Blockchain comes in to ensure that your data is not only secure but also reliable and transparent. In case you need professional help in backing up MySQL Databases and Files, try ottomatik.io.

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