Why blockchain holds ‘great promise’ for securing connected devices and systems

Blockchain technologies hold ‘great promise’ for securing connected devices and systems, according to a new paper from the Cloud Security Alliance (CSA). The report, put together by the alliance’s Blockchain/Distributed Ledger Technology Working Group and titled ‘Using Blockchain Technology to Secure the Internet of Things’, explores the intersection between the two technologies, as well as giving an extensive overview of deployment options. As the report puts it, a cloud-enabled blockchain network can be divided into two sections; the blockchain service, which has communications between transaction and mining nodes – such as enterprise servers, smart devices, or cloud-based VMs – and the blockchain clients.