In addition to the possibility of having peer-to-peer transactions in the payment sector, permissionless blockchains also offer advantages in the world of messaging and chat with regard to distributed protection of user data privacy.
According to what was presented at the event Atronocom European Congress, held on Saturday, October 26 in Milan, by the company Atrom Network Switzerland based in Zug, it seems that the current problems related to the protection of personal data of users, in this technological age, can be solved by public blockchains, such as the Bitcoin blockchain itself.
Together with the introduction of the new AtromG8 blockchain-based messaging app by the Swiss project, the event was attended by national and international experts such as Herbert Sterchi, President of the company, Jorge Sebastiao, CTO Eco-System of Huawei Technology and William Nonnis, Full Stack & Blockchain Developer for the Ministry of Defence in Italy.
After that Atronocom‘s Founder, Milivoje Batista De Oliveira, described the benefits of the blockchain-based app in the world of messaging versus the current major centralised apps such as Messenger and WhatsApp, Sebastiao explained to those present the importance of blockchain technology in the field of cyber security.
In his speech, Sebastiao compares the role of cyber security as the seat belt of a car, including the latest model of the more high-tech Tesla, with the utility of self-protecting from external attacks.
After mentioning crypto-jacking, a particular hacker technique that allows attackers to mine cryptocurrencies by exploiting the computing power of computers or mobile devices of unsuspecting users, and a brief list of the various hacker attacks that have occurred in the crypto world, where everything is a code, Sebastiao says that any centralised application or platform is not secure.
“Exchanges are not safe, Messenger is not safe”.
And finally, Sebastiao concludes by saying that the blockchain, with its bitcoin transactions defined as pseudo-anonymous, is at the moment the tool that would mostly improve data security, making them less and less violable or hackable by any external attacks, intentional or not.
William Nonnis, on the other hand, expanded the meaning of the blockchain stating the following during the event:
“Only a blockchain that is permissionless or freely accessible has value, the rest does not exist. Permissionless blockchains with millions of nodes help withstand hacker attacks, since when a node is hacked it doesn’t alter the whole structure. When thinking about creating a public blockchain with 70 or 150 nodes, there’s no guarantee that the whole structure will not be hacked”.
Nonnis suggests to use the blockchain protocol only if there’s a basic understanding of the change of social and cultural paradigm, which also involves seeing mining as an increasingly necessary activity in the near future. This change interacts directly with Artificial Intelligence and Internet of Things.
Moreover, Nonnis states that the current problem that prevents the adoption of blockchain for data protection, also comes from the IoT sector where there is no certification or guarantee on the destination of the data by the manufacturer of the devices that record the data.
Once the IoT industry overcomes this situation that seems to have become political in nature, blockchain technology will be increasingly adopted, entering the homes of all users and becoming a critical part of the infrastructure that interconnects AI and IoT.