Blockchain has significant potential to secure military networks, according to Israel Aerospace Industries (IAI), which has announced plans to co-operate with a bank to research the technology.
Blockchain, which is best known as an essential component of virtual currencies like Bitcoin, allows the user to create a data network without a central authority. All the data is spread across the entire network, which depends on every node, or ‘block’. This reduces the potential vulnerabilities associated with concentrating data in a single point. Additionally, each block in the chain is secured with highly sophisticated cryptography, boosting the security of the entire network.
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