Blockchain-Based Security

The Rise of Blockchain-based Security: An Overview In recent years, the world has witnessed a significant surge in cyberattacks, with hackers targeting everything from individual computers to large enterprises. According to a report by Cybersecurity Ventures, the global cost of cybercrime is expected to reach $10.5 trillion by 2025, up from $3 trillion in 2015. This staggering statistic highlights the need for robust security solutions that can protect against increasingly sophisticated cyber threats. One technology that has emerged as a potential game-changer in the cybersecurity landscape is blockchain. In this article, we will conduct a competitive analysis of blockchain-based security solutions, exploring their features, benefits, and limitations. ...