It’s a sign of how far blockchain technology has come within a decade since the publication of a pseudonymous paper describing bitcoin and the blockchain ledger that would record transactions in it. SECURING SHARED DATAThe closest most law enforcement agencies have come to the blockchain has been working with start-up firms to analyze it for evidence of criminal deals. The United States Air Force (USAF) has funded research into how blockchain could ensure its data isn’t changed. Marcus Ralphs, a former soldier and now CEO of ByzGen, which makes blockchains for the security sector, said he was working on projects with the MoD using blockchain to track the status and level of individuals’ security clearance. That said, blockchain’s association with the criminal underworld has not dented its appeal to those who see its potential, said ByzGen’s Ralphs.

Source: The Express Tribune December 03, 2017 06:27 UTC