Blockchain Strategy & Security (BS)
Protect and secure Smart Contracts, Distributed Applications (DApps) and Digital Assets
What is Blockchain Security?
Blockchain is a distributed ledger technology (DLT) designed to engender trust and confidence in an environment. Blockchain technology gathers and stores information in "blocks," and each block can hold a certain amount of data. When the block reaches capacity, it is chained to the previous full block, creating a chain of data, hence the name "blockchain."
Blockchain security is a complete risk management system for blockchain networks, incorporating assurance services, cybersecurity frameworks, and best practices to mitigate the risks of fraud and cyber-attacks.
What is a Private Blockchain?
Private blockchain networks require an invitation. Businesses that use private blockchains typically set up a permissioned network to limit who can participate in the network and the types of transactions they can initiate. Participants need either an invitation or permission to join.
Private blockchains typically use a "Proof-of-Authority" (PoA) consensus approach and are often used in internal, business secure environments to handle tasks such as access, authentication, and record keeping. The transaction data is typically kept private.
What is a Public Blockchain?
Public blockchains focus on participation and transparency. Transaction consensus is "decentralized," meaning anyone can participate in validating network transactions, and the software code is open-source and available to the public (e.g., Bitcoin and Ethereum).
Governance considerations cover who develops the software code, who can work in the consensus mechanism, and who can participate in the communal governance activities that maintain the network. Public blockchain consensus mechanisms are primarily "Proof-of-Work" (PoW) or "Proof-of-Stake" (PoS).
What is Cryptocurrency?
Cryptocurrency is a Digital Asset designed to work as a means of exchange for buying and selling Products and Services over the Internet.
Bitcoin, a digital currency, uses Blockchain Technology.
Ethereum is more than a digital currency.
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Find out what makes a Blockchain Use Case, Project or Solution successful and determine its suitability for your target market.
P2C Web & SaaS Development provides an effective strategy to deal with internal and external stakeholders of your blockchain project and solution that gives you a competitive advantage. We will help you evaluate the business case of your blockchain use case, project or solution.
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Find out what you can do with our Blockchain Security Services. We help you build secure Blockchain solutions and become part of the new revolutionary digital economy by making your solution secure and desirable in the crypto industry to attract more customers and create the network effect you desire.
We perform control assessment to ensure compliance with Blockchain information security standards such as ISO/TR 23576:2022 and ISO/TR 23244:2022.
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