By Steve Bassi of Polyswarm
Blockchain is often conflated with cryptocurrency as a speculative asset. Most media publications tend to focus on the market volatility and potential value of a currency while dragging blockchain and smart contracts into the discussion. However, they neglect to discuss the real importance benefits of the technology. The utility of smart contracts has spurred a burst of innovation across several markets. And although there is a lot of noise and overhyped value, don’t discount the practical benefits of the technology could bring to information security.
There is uncertainty in the blockchain marketspace, but most analysts concede that the underlying technology is here to stay. The infosec community must consider how blockchain might support the advancement of cyber security. Moreover, it must proactively explore partnerships and solutions to these mounting security problems.