>Solve identity theft and data leaks issues with blockchain technology!! Posted by finterraorg on December 12th Wholesale Jerseys China , 2018
We all have heard about identity theft and data leaks cases increasing across the globe day by day. And this has made authentication a major concern. Can you imagine someone using your credit card to make large purchases without your knowledge? Yes, it happens, and all that you are left with is to tackle the mess of convincing credit card companies about the fraud. You would ask them to change all your cards and dispute the charges involved.
Not only the credit cards Wholesale Jerseys , someone may call your cell phone provider with your personal information to commit a SIM porting hack and access all your text messages. In fact, finding access to your personal text messages is the gateway to various online services as service providers use it for two-factor authentication like one-time passwords.
While managing our digital identity, the major risk we face is when the personal systems are compromised. We update our identity proofs every few years. If anybody checks a proof of who we are Cheap Baseball Jerseys , they don’t remember the details for future. But if someone wants to compromise your ID, he will not go from person to person who has seen your proof of identity rather they have to find you personally to hack the information from your wallet or phone.
Blockchain and digital identity
Want to avoid identity threats or insecurities that someone may steal your personal details anytime? If yes, blockchain technology works as a savior for sure.
Advantages of blockchain as authentication provider
Although Cheap MLB Jerseys , use of blockchain technology is at the early stage at present it is increasing at a fast pace. The concerned technology proves to be useful in varied sectors such as banking, voting, insurance and retail etc. And it works great as an authentication provider.
With blockchain technology Cheap Jerseys China , you can easily prove that you are the person you are claiming to be. It would be easier to authenticate yourself at banks, government offices, airports or wherever you need to show your identity proof.
The technology use key-pair for the users to register their respective identity. Basically Cheap Jerseys , information is stored in the form of hashes which can be used for various identity-related attributes such as name, unique identity number finger-print, social security number or any other kind of biometric information.
Once the registration is completed Wholesale MLB Baseball Jerseys , user can request a recognized party to verify hashes through authenticating which confirms that the details provided on the blockchain is real.
All in all, if someone needs user’s identity for authentication purposes or identification mechanism, you can use hashes of the block pre-verified by the reliable recognized party.
Finterra is a credible app with plethora of above discussed benefits involved and a huge credit goes to Blockchain technology. Follow us on Instagram.
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I recently came across W Edwards Deming and have since been doing some homework to discover why there is so much resistance to what is essentially some very basic philosophy.
Deming聮s early work on statistics and quality was built around an ability to analyse complex systems and the use of that analysis to predict complex outcomes.
Deming was a statistician and his work very soon leaves the basic philosophy and becomes bogged in the complex use of numbers to define complex systems.
The very complexity of his approach deters many students but there is a more fundamental problem with complex systems that was identified by the later work on chaos.
There seems to be two approaches to the world.
There is the modern Digital approach where every action and interaction is controlled at the microscopic level by single bites of information.
Below this level it is not possible to go because a single bite of information is not divisible.
But we know from chaos theory that below the level of that single bite of information there is a whole world of complexity that has huge and unpredictable outcomes.
The flaws occur when we begin to realise the limitations of the start point digital data.
When the weather centre at Bracknell decided to tighten up its long range forecasting ability with the purchase of their first computers the reaction of the computers was completely unexpected.
The computers told the forecasters that they should stop issuing long range forecasts because the probability of a correct forecast was no better than chance.
Natural events are far more complex than a digital approach can ever define.
We can take a digital picture that looks great but when we blow it up we start to discover its limitations.
By trying to try to define complex systems in this way we are building in errors that become evident in the variation we encounter and are magnified massively whenever one complex system encounters another.
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06.03.2020 02:50
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