TECH SUPPLIER Jul 2020 - Market Presentation - Doc # EUR145774520

How Blockchain Can Enhance Cybersecurity Across Multiple Digital Scenarios

By: Radoslav DragovSenior Research Analyst, European Customer Insights & Analysis, European Blockchain, Claudio StahnkeSenior Research Analyst, European Security Services

On-line Presentation

Abstract

This IDC Market Presentation looks at how blockchain relates to cybersecurity and how the technology can be used to enhance cybersecurity across multiple digital scenarios. Blockchain has a number of intrinsic properties including immutability, non-repudiation, and decentralization that make it suitable for cybersecurity purposes. The presentation explores in detail how blockchain can be used to strengthen Internet-of-Things (IoT) security, improve Public Key Infrastructure (PKI), protect against distributed denial-of-service (DDoS) attacks, and secure online storage. Blockchain also has a number of cybersecurity issues of its own, and we recommend active steps that companies can take to ensure the cybersecurity of their blockchain solutions. The market presentation ends with a look at prominent European providers of blockchain-based cybersecurity solutions and makes predictions for the future of blockchain and cybersecurity.


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