EPISODE · Oct 28, 2021 · 48 MIN
Blockchain Security with Chainalysis
from CarahCast: Podcasts on Technology in the Public Sector · host Carahsoft, Chainalysis, FedInsider
Blockchain is most commonly considered the foundation for cryptocurrency – the usual form of payment by ransomware demands – because it is a method of recording information that makes it difficult to impossible to change, hack, or cheat records of transactions. It’s a form of “distributed ledger” that records every transaction to every participant’s copy of that ledger. As a result, blockchain holds great potential to provide high levels of security for government agencies, provided they understand that transparency of transactions also is one of its characteristics.
What this episode covers
Blockchain is most commonly considered the foundation for cryptocurrency – the usual form of payment by ransomware demands – because it is a method of recording information that makes it difficult to impossible to change, hack, or cheat records of transactions. It’s a form of “distributed ledger” that records every transaction to every participant’s copy of that ledger. As a result, blockchain holds great potential to provide high levels of security for government agencies, provided they understand that transparency of transactions also is one of its characteristics.
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Blockchain Security with Chainalysis
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