Blockchain Technology – best weapon to fight online threats and a strong cybersecurity technology

In this digital era cybersecurity the utmost concern of every online service provider in the industry. According to some of the best cybersecurity solutions providers in India, the incorporation of blockchain technology in the online process does have the potential to secure the most sensitive information from malicious programs. Several industries across the globe are now inclining towards the use of blockchain technology in providing protection from different online threats and promises to further enhance online security as well.

For several years the transactional data has been at a risk and constantly deteriorated with the advancement of technologies. In terms of cybersecurity, the blockchain technology could help you in protecting data, as the name suggests there are chains of digital blocks in the network containing real-time information of the online transactions.

Some tit-bits about the Blockchain technology –

Blockchain is a simple and distributed network with millions of users across the globe, and every user of the network can easily add information to the network and the data is strictly secured using cryptography. The most interesting thing about blockchain is that every member of the network verifies the information or data which is added into the network in real-time. The entire process of securing data is completed using a system of keys such as private, public, and the receiver. Using this lock and key technique allows the members of the network to verify the data and confirm the source of it as well.

Why use blockchain technology for preventing cyber threats?

Here are some of the best security features of blockchain as suggested by the best blockchain company in India helping in protecting your data from cyber threats –

•       Decentralized network

The blockchain network is totally based on the decentralized system, dispersing any regulatory power from a governing body. Any amount of data passing through the network gets updated to all the participants of the network consistently. This is the reason why every participant of the network receives updated information at all times. If any changes happen, it will be validated by all the network participants, and then only it will be adjoined in the blockchain network. Hence, this technology is best at securing all your online data in an effective manner.

•       Highly Immutable

The best blockchain company in India providing blockchain cybersecurity securities suggest the blockchain technology is an interesting security feature of blockchain which makes your data tamper-proof. In other words, it means that once data enters the blockchain network, it cannot be tampered with or deleted. If any changes are made it becomes visible to all the network participants who may prevent any further unauthorized actions. This security feature of a blockchain network lets the data remain unchanged and unaltered. Moreover, this feature of a blockchain network helps in the data audit process in an effective and cost-effective manner, and the integrity of your data is restored.

•       Use of cryptography and hashing

Cryptography is a complex mathematical algorithm computed for preventing cyber-attacks. Each transaction is cryptographically hashed and included in the blockchain. Hashing takes an input value and applies it in the form of a hashing algorithm to produce a new value named as a hash digest and the digest is of fixed length as per the algorithm. Taking security into account it will be quite tough to guess the value, and even a slight change in value input will completely change the digest in

an unpredictable manner.

Service providers working as the best cybersecurity solutions providers in India use the blockchain technology as the best tool to protect your information from the hackers online. This way you are able to prevent potential frauds and decrease the chances of your data being looted or

compromised.