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ISC2Congress: The Promise of Blockchain

October 10, 2018 / Kacy Zurkus

Blockchain is revolutionizing the global economy, according to Nitin Uttreja and Ashish Dwivedi of CA Technologies. In their session, How Blockchain Is Revolutionizing Cybersecurity, Uttreja and Dwivedi said that blockchain companies enable banks to transact with other banks for improved efficiency of cross-border transactions. “The distributed-ledger technology is not just restricted to the banking or financial world. Blockchain technology has the potential to disrupt nearly every industry, including healthcare, supply chain management, media, advertising, gambling, cloud and cybersecurity,” the presenters wrote. Because it is so difficult to change or remove data once it is entered into the blockchain, the technology mitigates the risk of a single point of failure.