Consensus Networks Benefits: Blockchain Data Integrity

Posted by Mitchell Krum on 1/22/19 3:52 PM

The ability for someone to forge, copy, delete, or modify a company's data is universally threatening. Both hackers and trustworthy employees have the ability to destroy the integrity and trustworthiness of your data history, which can make it difficult to stay compliant with government standards, make business decisions, and avoid legal challenges. Worldwide spending on information security products and services is projected to exceed $124 billion in 2019 according to the latest forecast from Gartner Inc. The market previously increased 12.4% from 2017 to 2018, and this newest forecast expects an additional 8.7% growth. Organizations with sensitive data have understandably been seeking out new ways to use technology to  protect and prove the accuracy of their data. Blockchain technology just might be the answer on how to reduce cost and prove data integrity.

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Topics: Security, Benefits, Data Integrity

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