Blockchain: Cyber Security Innovation or Cybercrime Weapon? by Alexandre Francois

Many see Blockchain as more than merely the enabling technology for cryptocurrency. It is regarded as a bona fide platform that can deliver an entire spectrum of secure applications to disrupt entire industries.  But while it promises to protect our data in ways that are more secure than ever before, does a threat lie hidden within it, ready to be exploited by those whose intentions are questionable, at best? Is Blockchain a boon to cybersecurity, or can it be used to commit cybercrime? Let’s take a closer look. The Next Big Thing First off, let’s talk about the possibilities Blockchain brings to the table. First and foremost, the technology provides a reasonable level of protection against fraud. Its heavily encrypted data and distributed ledger implementation are solid enough to deter common attempts like pharming, botnets, injecting malware and other such exploits. It’s just too much trouble and too much work....