How Blockchain Can Be A Solution For Cyber ​​Crime And More Right Now

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It will be a blockchain and how it can be a resource for the emerging cyber crime space. The issue of cybercrime and blockchain is a plausible solution for many of these types of crime. The Science and Technology Directorate (S & T) arm of DHS announced last month that is seeking innovative solutions from startups to enhance anti-forgery and counterfeiting capabilities for digital documentation through a new solicitation, "Preventing Forgery and Counterfeiting of Certificates and Licenses," under S & T's Silicon Valley Innovation Program (SVIP).

S & T seeks solutions that use blockchain and distributed ledger technology (DLT) to issue digital documentation to prevent fraud, counterfeiting, and forgery. DHS says it is open to startups and small businesses that have a government contract in the past 12 months totaling $ 1 million or more than 200 employees at the time of application.

"SVIP is a bridge between the early-stage startup community and the Homeland Security Enterprise," S & T SVIP managing director Melissa Oh said in a prepared statement. "DHS has need of the innovations coming from the national security threats" By releasing this solicitation, we are asking for the innovation community to contribute to this work through the application of commercial solutions to homeland security use-cases. "

All of this brings up a question we've been wondering lately: what is going on with the blockchain? 2018. Specifically, we have wondered how is blockchain going to achieve scales any time soon, and how is it going to avoid the massive energy expenditure that it currently needs for miners to find bitcoins. For that matter, will it ever achieve enterprise applications, or will it forever remain associated with bitcoins and cryptocurrencies above all?

Arielle Telesmatic is a director of emerging technologies at the Scroll Network, a company that develops blockchain networks. In fact, Scroll's Aster may be just the thing that DHS might find appealing.

She said: "Many companies need to reduce the hurdle to adoption through a clear understanding of how the technology has progressed since the inception of let's say, the power-sucking congested bitcoin Ecosystem," she writes. If you look into the Proof of Work (POW) versus Proof of Stake (POS), you will get a lot of ideas on this topic. using staked tokens in a lock up period to protect and incentivize digital trust is more expensive than traditional mining dependencies. "

Telesmanic continued, "As many companies need to test their capabilities to migrate to existing systems and optimize their systems to test in-simulated real production environments, they may not be able to do this until they are nodes to connect to a test-net integrated into a Decentralized application (DApp) If this is not attainable, then using a small pilot project and scaling up a good solution is what I recommend. "

"A project on a test must be based on carefully defined requirements such as data storage needs, privacy needs and expected velocity. blockchain network), if nodes need to hold all blockchain data to confirm a transaction in the first place, and to stabilize bandwidth the core development team proactively. "

Telesmanic also pointed out the need for transactions with different cryptocurrencies under a network made by Bitcoin Lightning Network, which is promising and directly responding to the fear of mass-use.

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<p>From the technical point of view that heavy computation is pulled from traditional technology. Off-chain. "</p>
<p>"The problem is not just the kind of tech that bitcoin runs on." Blockchain is not Bitcoin, "says economist and best-selling author, Jason Schenker. "Blockchain is a combustion engine, if you're not a fan of tanks or kamikaze engines, but do not blame the combustion engine. There are bad applications. "</p>
<p>For instance, Schenker observes that are being used for money laundering, and they are being used as de facto digital bearer bonds.</p>
<p>Ultimately, however, blockchain can work right now "to reduce transactional friction in the supply chain," Schenker stated.</p>
<p>With limited blockchain, you can be implemented right now. "The same technology can be used to help the global economy." It's a kind of accounting software that can be customized, "said Schenker. "If you have a closed network, it's really great for record-keeping."</p>
<p>He added, "If you have a record it does not mean it will stop being nefarious activity. However, you may have a better chance of finding it. "</p>
<p>Also, we simply do not need blockchain in every aspect of our lives. You need blockchain when dealing with high volume of transactions, which are relatively low in value, which is very much towards cybersecurity applications.</p>
<p>Schenker – which is what Telesmanic means when she argues the heavy load of computation involved. "There are massive bloats on Bitcoin blockchain," he says. "It's growing at like 50-75 gigs a year, Bitcoin can only process about seven transactions per second.</p>
<p>Also, a blockchain "Schenker said. If the reach is limited, it can be used as a party to a group. You can not need to be encrypted on the back-end, you shift to access rather than writing. Maybe it's more traditional means rather than the hash challenges. "</p>
<p>DHS is looking for. It seeks applicants that consider use of documents for travel, identity of organizations and organizational delegates, tribal identity documents for travel, citizenship, immigration and employment authorization, cross-border oil import tracking, and origin of raw material imports.</p>
<p>"The broad Homeland Security mission includes the need to issue entitlements, licenses and certifications for immigration status and supply chain security," said S & T SVIP technical director Anil John. "Understanding the feasibility and utilization of blockchain and distributed technology for the digital issuance of what are currently paper-based credentials is critical to their loss, destruction, forgery and counterfeiting." </p>
<p>Sounds like some smart contract tendering that should be readily achievable by a company with some sensible blockchain approaches. In the end, cybersecurity issues involve making things more transparent and documentable. Right now, there are still obstacles to obtaining the necessary clarity, but all of this is solvable and achievable right now.</p>
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