Blockchain technology hit the big stage a few years ago when the cryptocurrency boom was in full effect. The innovative approach to creating something irreproducible on the internet took many by surprise. How can this technology be used in the pursuit of privacy and security?
What is the Blockchain?
A blockchain is a system in which a record of transactions is maintained across computers that are linked in a peer-to-peer network. These two aspects of the technology mean that information generated and stored on the blockchain is singular and immutable.
Blockchains work by exploiting cooperation. Every computer on a peer-to-peer network must verify the information on the blockchain. If something does not match, that inconsistency is immediately noted, and any new machine joining the network must have matching records. This also means that any attempt to falsify data is immediately noted and thrown out.
Using the blockchain to protect your data
Understanding what the blockchain is and what it does is the first step toward understanding how it can be used to protect your privacy and your data. This is done by using the basic principles of the blockchain in a unique way.
Because the blockchain is cooperative and immutable, we can use it to create a record of authorization. These blockchain records can be used to verify the authenticity of a user’s authorization. By comparing credentials to a security ledger, a sort of digital guestbook acts as one of the most diligent first lines of defense.
Blockchain security can note who has the authorization to access data while keeping a conspicuous record of unauthorized attempts. This creates quick response times to any potential breaches and clear records of security lapses.
Join AXEL Go
With AXEL Go, users are protected from bad actors with cutting-edge technology. AXEL Go is built with a decentralized server structure that gives its users security and resilience that Big Tech security solutions simply cannot provide. End-to-end encryption protects files while they are both at rest and in transit, two-factor authentication gives users complete control over their link-based shares, and blockchain-backed security creates an immutable ledger of defense.
Try AXEL Go for free today to see just how safe and secure blockchain-backed security can be.