Questions
Q. How can a lack of IoT security compromise data in a blockchain network?
A. Sometimes, companies don't focus on security when they work with IoT. Perhaps because it's a new technology, they don't believe it comes with imminent risk. The fact is, however, that businesses are bringing insecure devices into their networks and then failing to update the software. Not applying security patches isn't a new phenomenon, but insecure IoT devices with a connection to the internet is a disaster waiting to happen; think hackers and DDoS attacks. A strong security plan should be developed for IoT devices, similar to the one for internet services. Strong device identification and updates can help mitigate most problems.
Q. Is blockchain technology mature enough for this application?
A. Today, there're a number of blockchain platform providers available on the market. Carrefour, Walmart, and others are already members of these platforms. So, this indicates that big companies are already running...
