How things develop block chain and the protection of personal data
In recent years, monetary and encryption equipment to the things people work and trading has brought fundamental changes. However, it is fair to say that things are not block chain and a relatively new technology. The first created as a decentralized encryption currency Bitcoin in 2009. Similarly, the "Internet of Things" is also the word Kevin Ashton put forward in 1999.
Today, the block chain and networking application development concepts things are growing rapidly in the enterprise. As predicted, research firm Gartner Inc. as the world by the end of 2020 with nearly 20.4 billion networked devices. Similarly, the banking and finance industry will also be eyeing the block chain technology to protect customers' confidential data and to ensure the security of online transactions. People need to understand the block chain of Things application development and integration of how to protect their personal data.
Although the concept of networking is very popular and business-oriented, but has long been subjected to threats and network attacks and vulnerabilities could fight. Growing networking equipment was a key reason behind the data security issues are of Things is a centralized technology. It handles data stored on some of the Internet giants (such as Google, Amazon, Microsoft and Facebook) centralized server. This feature allows hackers to cause serious damage by disrupting users and stakeholders of personal and confidential data.
That's where the block chain technology. This decentralized technology designed to address online security issues. Since the money has been encrypted, it can help prevent data each business process is repeated. Even the smartest hackers, thousands of storage Bitcoin ledger of the server is not possible attacks. And the name suggests, no one can change the information stored in the block chain.
Consider a scenario to understand the block chain network robustness and strong security. If the network attacker wants to destroy data or change information in the server, you must change all the servers in 51% of the ledger immediately. Effort and cost required for such an attempt far more than the profit potential data leakage brought about. This is the miracle of decentralized systems. On the other hand, hackers do not need to spend too much effort to get or change information stored on Google's or Amazon's centralized server.
Things advanced application development process integrates the functions of a tile-based chain, in order to establish trust in the Internet of Things. Things application contains blocks chain concept, eliminating third-party applications considered credible demand. Block chain technology to ensure the safety of Things applications by distributing corporate data. It can prevent the possibility of anyone malicious tampering with data. In addition, compared to other applications, block chains technology allows devices to identify and verify the identity of the application easier.
Although the block chain added functionality, application development costs increased significantly, but in the long run, companies can obtain benefits by obtaining the trust of customers and applications users save valuable data.
In addition, block chain technology to prevent any loss of data due to the resulting loss of Internet connection. Smartphone users may lose valuable data, or they must perform the entire process again, even if the Internet connection is disconnected only a few seconds. How to lose internet connection on autonomous vehicles? It could lead to serious accidents or fatal accidents. Now, the block chain-driven application development things so that people can save valuable data chain, once the connection is re-established, you can retrieve it.
Things block chain with a combination of great benefits
The following functions are integrated in a block chain of Things devices and applications in five major business advantages:
Acceleration data changes
This is the block chain capabilities into one of the Internet of Things applications in relatively large benefits. However, due to the limitations of the processing chain block a certain number of transactions within a certain time, enterprise-class best way to handle massive amounts of data.
cut costs
Block chain can eliminate the middleman in the transaction, thereby reducing operating costs. This technology enables users to transmit data in a peer to peer fashion distributed environment, thereby reducing operating expenses. Dispersed into things it provides a cost-effective way.
Enhanced Security
As mentioned above, block chain technology can provide secure transactions. It will legitimize the data and make sure it is from a trusted source. Block chain and achieve things combined enterprise depends on device authentication and other security measures. By developing applications based on Internet of Things block chain, can effectively comply with these measures.
Simplify accounting processes
This is the main reason for the block chain technology in the field of banking and financial services (BFSI) increasingly popular. It enables users to simplify accounting processes. Timestamp can help companies audit at any time throughout the transaction.
Supply chain efficiency
In many modern enterprises, networking equipment management and maintenance of the entire supply chain. Block chain with a combination of things, eliminating the need for middlemen, improve supply chain efficiency. It further improves the transaction speed and lower operating costs.
In short, in the prevention of personal data, in conjunction with the block chain and things will remain an incredible effect throughout the workplace.
In recent years, data security has been a top priority for the business sector. It is believed that the demand for secure data storage and access will continue to grow each year. Block chain and the development of the Internet of Things applications will further develop. Things block chain is application security problems faced provides a powerful solution. Good things recommended corporate reputation consulting application development companies to take advantage of both technologies.