When Ethnicity becomes Blockchain — In relation to Bigdata and IoT
A well-known definition of Blockchain — A record keeper that keeps stamping the blocks to undo any data trespassing without the knowledge of the user. It simply keeps the growing number of records without letting them getting corrupt, forged and leaky. It’s done when time stamped.
Blockchain and IoT — Implicit Relation: The hacker knows when you get in and get out of the house. He knows your credit card details, he knows where you shop and what you shop and much more than you know about yourself. It is your smartphone that lets him connect to your details. But, keeping your phone away won’t give you a remedy to the situation.
It is IoT and it keeps us connected everywhere with every device we own. Thus, our privacy is at stake especially monetary. To keep it going well and swift, many IoT companies are leveraging blockchain to make their IoT safe.
How Blockchain rescues IoT?
Blockchain as a book-keeper faithfully does its business. Being designed on transparency and permanence model, people rely on its working and country like Japan is working advanced in the direction to develop the technology for their use in every domain. The blockchain creates device identity to avoid malicious devices to enter the ring and act proxy to steal the data or to cause other mayhem. This technology enable two or more devices to communicate directly thus, making established connection safe and true in nature.To transfer the data, the device is synchronized with another thus, creating new identity chain.
This newly created identity chain for each device is on the permanent record and through the means of cryptography only authorized devices are set to receive the access. If new devices are added, the new identity chains will be created ensuring the genuine flow of the data without data forge.
Blockchain and BigData
Bigdata, as the name implies, contains lots of precious data to manage the records. For example, in a medical institution like hospitals, there are innumerable records like the medicine of the patient, patient demographics and medical details of the patients, which are sensitive in nature. In 2015, the USA lost millions of patient’s data to the hackers.
To make the patient’s data safe, the medical institutions have tried blockchain technology at some par. The blockchain technology had made mandatory for all the doctors to make multiple authorized digital signatures to access the patient’s records. Apart from enveloping the medical records from the hackers, the blockchain-enabled healthcare system is powerful enough to present the patient’s data to courts, insurance office, employers and other required sectors without dining on any risks.
Bigdata and blockchain may seem to be a happy future for the digital assets, but to turn them into reality there is a huge requirement of documentation, data maintenance, and staff to delicately handle the data.
When Ethnicity turns to Blockchain: Bigdata or IoT. The concept is data security at no loss. To keep it terminally unexchanged the professionals have developed multiple level encryption where only designated user can access the data vault. In a case of Internet of Things, the different devices are synchronized to the genuine device leveraging blockchain technology to avoid malware interruption. Similarly, in the case of Bigdata, the precious data is guarded by the block chains keeping the rightful data secure providing access to the authorized person upon providing right credentials.