Information leaks from servers of different companies are constantly being discussed. However, data encryption and digital identification methods are also continually manageable for improvement. One of the possible innovations for improvement is blockchain. Information hashing methods used in the blockchain are ideal for digital identification as well.
- Benefits and advantages. One of the most optimal uses is the use of digital signatures over a closed network, especially when it comes to large corporations working with colossal data amounts. The use of unique digital signatures will allow, first of all, to get rid of the risk of using the system by someone outside, and secondly, to understand exactly which of the employees could be involved in the data leak, since each of them has their own unique digital signature.
- Disadvantages. Speaking of a closed network, there is still a certain probability that it could be hacked with a 51% attack. Of course, this requires adding up a large number of factors, but in a small closed blockchain network, it is quite possible to carry out such an operation, partially reorganizing it.
- Conclusion. Blockchain may well cope with the role of an irreplaceable assistant in digital identification processes, but first, you need to carefully study the issues related to a possible 51% attack and secure your company's data.
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