This idea of decentralising data – in an age where a centralised platform for managing an increasing number of elements of security is preferred – may seem counterintuitive . Yet decentralisation offers benefits that could offer additional strengths .
Blockchain ’ s security benefits Blockchain ’ s cryptographic algorithms ensure that data stored on the blockchain cannot be altered without detection . Consensus mechanisms like Proof of Work or Proof of Stake ensure
“Despite seeing acceptance of blockchain based solutions in multiple business areas , for the Cybersecurity domain , there are few critical challenges we have foreseen ”
UMASHANKAR LAKSHMIPATHY EXECUTIVE VICE PRESIDENT , INFOSYS