Blox Labs Inc. C.BLOX

Decentralized Identity: Security

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The availability of one's personal data online could become prone to breach. Before, as people do things physically, physical security was needed. Now, as the world could be shifting to a more and more digitalized world, digital online security could also be a need in order to keep private and personal data be secured and protected from breaches and hackers. So, if there could be a potential need in this kind of industry, could there be enough potentials to be seen in its market as well? See details of security here.

 

Because things could get a lot easier by the use of technology, things like transactions, especially financial ones with personal and important data could be easier to breach as well. Internet being open and decentralized, it could not be avoided that some of the data is spread.  However, the concern is what if the data gathered could be used in unethical actions?  Those could be the questions that have surfaced with the continuous existence of several online systems. 

 

Standardized identity technology solutions could be one of the eyed solutions to these security problems. Identity theft isn't something that could be considered a piece of cake. So, these platforms and projects of security could be needed in order to be on the right and secured phase when using the internet at its fullest.Have a good look at how technology could counter the unethical use of technology itself here.

 

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