Trust Takes Center Stage
Blockchain was originally conceived as the distributed ledger technology that powers Bitcoin. But its applications go far between cryptocurrency, with the potential to bring more transparency to business thanks to its tamper-proof qualities and ability to provide a single source of truth for multiple parties.
Six cloud security CEOs, sales leaders and technical experts told CRN that businesses can use blockchain to record whether or not a user or device should be trusted, which takes on additional importance when dealing with items such as workload processing and firmware updates where the manipulation of information could cause great harm.
From ensuring that data is fresh at all times and simplifying the management of consent to cutting out third party intermediaries and reducing the likelihood of fraud, here's how blockchain could be a security boon for businesses.