enterprisesecuritymag

| | MARCH 2021ENTERPRISE SECURITY6A Formidable Technology for OrganisationsEditorialMARCH - 03 - 2021, Volume 07 - 01 Published by ValleyMedia, Inc.(ISSN 2691-4034) To subscribe to ENTERPRISE SECURITYVisit www.enterprisesecuritymag.com Copyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorRussell ThomasEditorial StaffAaron PierceAlex D'SouzaAva GarciaJustin S GonsalvesJoshua ParkerSurajit Narayan DekaVisualizersChris LynnSalesAlena D'Souzaalena@enterprisesecuritymag.comEmail:sales@enterprisesecuritymag.comeditor@enterprisesecuritymag.commarketing@enterprisesecuritymag.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffBlockchain technology arose as a radical innovation, eventually affecting and disrupting every industry, from banks and financial institutions to healthcare. Just two years ago Blockchain was attracting a lot of public attention, and many companies showed an interest in the technology. However, almost all of them in no time rejected it as it seemed overhyped. But fast forward to 2021, blockchain is no longer a bold experiment -- it has become much more serious, grounded, and mature. Besides, Blockchain has been associated with the potential for transformation of supply chain management, reduction of identity theft, or digital rights management. The principal elements in the Blockchain that stimulate its applications in these areas include transparency and trust.On the other hand, one of the promising blockchain trends in 2021 is BaaS, short for Blockchain As A Service. It is a new Blockchain trend that is currently integrated with a number of startups as well as enterprises. BaaS is a cloud-based service that allows users to establish their digital products by working with Blockchain. These digital products may include smart contracts, decentralized applications (Dapps), or even other services that can work without any setup requirements of the entire Blockchain-based infrastructure. The idea of the Blockchain is also very attractive to government authorities that have to administrate very large quantities of data. Further, the implementation of Blockchain technologies for effective data management will improve the functioning of such agencies. The IoT tech market will witness a renewed focus on security as complex safety challenges crop up. These complexities arise out of the diverse and distributed nature of the technology. Device and IoT network hacking will become commonplace in 2021. It is up to network operators to restrict trespassers from doing their business. Moreover, number of IoT based companies adopts Blockchain technology for their business solutions as Blockchain offers new hope for IoT security. On another note, the integration of AI (Artificial Intelligence) with Blockchain technology will show a level of improvement in Blockchain technology with adequate number of applications. Additionally, Blockchain can also make AI more consistent and simpler, and businesses can track and ascertain why decisions are made in machine learning. Among other things, AI, ML, Data Sciences are extremely trending technologies whose applications can be made economical, secure, transparent and very efficient only with the integration of Blockchain. As an independent technology too, Blockchain will be a mighty technology.In this edition of Enterprise Security Magazine, we bring to you some of the leading companies that have excelled through innovation in providing promising Blockchain solutions in Europe. We hope the inspiring success stories of these providers benefit our readers in pursuit of an ideal collaboration.Let us know your thoughts!Russell Thomas Managing Editor editor@enterprisesecuritymag.com
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