Posts

Showing posts from February, 2018

DIW; YOUR RELIABLE SECURITY PLATFORM IN BLOCKCHAIN TECHNOLOGY

Image
THE IMPACT OF BLOCKCHAIN TECHNOLOGY IN SECURITY The world has changed so much from the olden unsecured ways of transactions. Gone are the days when a single transaction had to pass through series of channels before it got to the deserved owner. This caused a lot of panic on the part of the parties involved in the transactions since the transaction could be halted at any moment without their knowledge and control. Now with the help of blockchain technology, transactions can be made easier, faster and more secured. Blockchain technology can be described as tamper resistant, distributed, shared databases in which every participant on a network can share, but no one can control. It could also be referred to as a database used to store digital records or assets.  Blockchain technology has not only addressed the transaction problems but has also helped and continues to help with private informations security. There has always been the problem of reliably exchanging information