With Bitcoin picking up steam, the technology that fuels it, the blockchain, is being explored as an opportunity for many businesses out there. Let’s take a look at what some of the benefits and shortcomings of this technology are, as well as how they are commonly used.
NSN Management Blog
Cryptocurrencies--especially those that have recently surged into relevance--rely on blockchain technology, but what many people do not know is that blockchain is far more than a way to exchange digital currencies. In fact, cryptocurrency was just the beginning. Let’s take a look at the other practical uses for blockchain technology, including what it is and how it can help businesses.
In today’s business, your data is your number one asset. For this reason it is important that you take steps to protect it. One case that accentuates this is the case of Xiaorong You, which is currently playing out in a Tennessee court. The accused is charged with stealing trade secrets and committing corporate espionage, as she is accused of allegedly stealing almost $120 million worth of BPA-free technologies from several companies, among them the Eastman Chemical Company and Coca-Cola.
Facebook is by far the largest social media network and it does bring a lot of value to a lot of people. Whether that be for personal use or professional use, Facebook has staked a claim as the most successful technology company in the world. With this comes scrutiny, especially if you’ve operated the way Facebook has over the past few years. Let’s take a look at a situation that Facebook is dealing with in 2021.
When you are looking to buy a new computer, you need to consider the options available for data storage. This is especially true if you are looking to replace a computer used by several users. The more people that use a computer the more files will likely be stored, after all. Today, however, there is another determination to be made: how fast is your storage device?
Individuals are increasingly understanding the value of their data, and that is a good thing. Unfortunately, a lot of small and medium-sized businesses are operating today without any type of data backup protecting their business’ data, and that, of course, is bad. It is important that if you don’t have a dedicated data backup and recovery strategy in place, that you work to fix that immediately. Today we’ll tell you why.
While nobody wants their company to suffer a data breach, the nature of today’s workplace makes these occurrences harder and harder to avoid. In fact, chances are that you’ll eventually encounter one, which makes it important to prepare to deal with it when it comes about.
Here, we’ve outlined a few steps to help your business weather the storm:
Data is one of the most valuable assets there is today, which is why any business should consider its security a prerogative. This can admittedly be a lot, which is why we’ve taken the liberty of preparing a few tips to help you get started on the right path. These may also help those in the middle of the process who need a little reminder.
When you take a long look at cybersecurity, you need to understand that the main purpose of it is to protect people’s ideas, people’s identities, and people’s effort. It isn’t all about protecting money, even though that obviously is a consideration. This notion led us to a thought experiment that Gizmodo recently undertook: What would happen if all the data stored in the world was suddenly leaked, open for the world to see? We’ve put together some of the responses.
Blockchain was all the rage for five years. You couldn’t talk about technology without someone bringing it up. At that point, it was listed as the remedy for all the world’s problems. Five years later, it’s not being mentioned quite as much, but it has been used to create some very useful products. Let’s take a look at what is going on with blockchain technology in 2020.
It seemed that, not so long ago, everything was going to be associated in some way to blockchain and blockchain technology. All online transactions and data were going to use the blockchain for security. However, as 2020 has provided some very effective distractions from the thought of blockchain, it seems to have slipped from the public consciousness. Let’s look at how blockchain is still being used today to drive innovation as a quick reminder.