Data Security is Receiving A lot of Hype within Blockchain Community, Reports iTrue Limited

Data Security is Receiving A lot of Hype within Blockchain Community, Reports iTrue Limited

It's easy to lose sight of the underlying purpose of any new technology when the hype reaches a level that blockchain has reached. Data security, on the other hand, is currently rising on the hype cycle as investors and companies are realizing the importance of utilizing blockchain and distributed ledger technology to secure confidential data and ensure complete user privacy. You still get the benefits of a decentralized peer-to-peer network, but anyone accessing a private blockchain must authenticate their identity to gain access privileges and it can be restricted to specific transactions.

Craig Smith