Blockchain still vulnerable to hacks despite security hype, but here are some solutions

Blockchain still vulnerable to hacks despite security hype, but here are some solutions

Blockchain is inherently secure, but there are a lot of vulnerabilities in services and products currently in place. Here are some community- and business-backed trends that will ensure better security in transactions and data.

One of the hallmark features of blockchain is that it is supposedly much more secure, adding remarkable levels of transparency that can quickly identify and mitigate cyber threats. But, at a time when we’re approaching 2,000 blockchain projects in development worldwide, watching thousands of crypto miners do their thing each day, and seeing billions of investment dollars pouring in each year, are we taking threats seriously? Has the greater community taken aspects of blockchain’s security for granted? The hard truths reveal affirmatives to both questions.

By James Nguyen

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