The idea that blockchains may bring benefits in terms of cybersecurity is a widespread myth. Even the US Department of Defense fell for this myth in a recent report “DoD Digital Modernization Strategy” with plans to build a “Block Chain Cybersecurity Shield” allowing to “transmit secure messages” and “develop unhackable code.” It’s important to set the record straight on these complex topics. But before I get into it properly, let’s begin with a few general points to set the stage: 1) Blockchains are not designed to solve security issues. They minimize trust. They allow unidentified users to exchange scarce digital…
This story continues at The Next Web
Or just read more coverage about: Security
from The Next Web https://ift.tt/2Ohb4ZH
