Murphy’s law states: “Anything that can go wrong will go wrong.” It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data. We will see it many times more with other services. The recent Twitter hack underscores this once again. The accounts of Elon Musk, Bill Gates, Jeff Bezos, Kanye West, Kim Kardashian, Mike Bloomberg, Joe Biden, Barack Obama, among others, were recently hacked. However, there are new technologies that could protect data and digital identity, using the example of Australia and the European experience and how public key certificates could be protected with blockchain technology against distributed denial-of-service and man-in-the-middle attacks. Blockchain provides certain components, such as Decentralized identifiers, Selective disclosure protocol, Self-sovereign identity, which provides reliable protection from hackers. Knowledge is power. Users should know that their cybersecurity is not only in their hands, as one might say. Software and social media giants ought to make the shift to improve security standards, and users ought to demand it. If your company is looking to improve it’s data security – contact Lider Token today. Together we can access your data security and design an advanced, Blockchain based security solution, which will provide bullet proof security to your data and the data of your clients
