Will Blockchain Secure the Internet of Things

Andre De Castro, CEO, and Founder of Blockchain of Things participates in Risk Roundup to discuss whether Blockchain will secure the Internet of Things.

Blockchain and Internet of Things

Will blockchain secure the internet of things? As the digital global age witnesses, transformative technological advances that are disrupting entities across NGIOA, countless business and trade transactions are already happening in the digital global marketplace. And of course, protecting these digital records and transactions from corruption, manipulation, theft has become a vital necessity for each nation: its government, industries, organization, and academia (NGIOA).

Now, to be able to protect these digital transactions requires a fundamental understanding of risks—understanding where the risks come from and how can we manage it effectively. The critical security risks of the web originate from not only digital transactions but each digital initiative, product, and service that goes through the world wide web or cyberspace. Understandably “Security” for all these initiatives, products, services, and applications on the world wide web is of the greatest importance today and in the coming tomorrow.

As the worldwide web expands and goes global from local: and beyond the closed knit circle of trusted individuals, the fundamental trust between the web users, that is individuals from across nations disappears. In other words, with the fading trust within, between, and across web users, everyone using the web is now vulnerable to its security risks. As the vulnerability to web security increases, there is a growing feeling that security is rapidly becoming a myth. Time is now to talk about whether blockchain will secure the internet of things.

For more please watch the Risk Roundup Webcast or hear the Risk Roundup Podcast

About the Guest

Andre De Castro is the CEO and Founder of Blockchain of Things.

About Risk Group

Risk Group is a leading strategic security risk research and reporting organization.

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