SwanBitcoin445X250

blockchain

Over the years, blockchain[1] has received a lot of coverage, although the concept of blockchain is often quite misunderstood. From a more technical perspective, blockchain is nothing more than a data structure which is used to track interactions between devices on a distributed network.

One of the best-known examples of how blockchain technology works are cryptocurrency transactions like Bitcoin[2]. The security that blockchain technology offers makes it a positive solution for many other different industries, pretty much all where there’s data. For example, blockchain could be used to secure, retrieve, and transfer medical records, mobile communication, border control, insurance, banking, and many others.

Network security has become an increasingly complex challenge to tackle over the past few years. As cyber attackers get smarter and new ways of hacking are released, network operators are on the front line of this movement and have to continually stay one step ahead of the game to avoid a network meltdown—which, let’s face it, will put many customers at a halt. Here are a few ways that blockchain technology can be adapted and used for mobile network security.[3]

Personal Data Protection

Recent research has identified a different approach that could allow blockchain to be used to protect the personal data of network users. Research carried out by MIT looked into creating purposes-based blockchain as an access-control moderator with the ability to offer an off-blockchain storage solution. This gives users transparency of their data as they would not be required to turn to any third-parties with their data and would always be aware of what is being collected, and more importantly, how sensitive data is being used. By implementing blockchain in this way, it could be viewed as

Read more from our friends at Crypto Currency News: