Category: BLOCKCHAIN TECHNOLOGY

Blockchain is much more than Bitcoin. Yes, Blockchain Technology was first used for cryptocurrencies like Bitcoin or Ethereum. However, based on Distributed Ledger Technology (DLT), Blockchain provides the highest level of cybersecurity (information security) in many areas. But how does it work? In short, a Blockchain is made of different „blocks“ to store data in a decentralized manner on many different servers. This way, it cannot be hacked and manipulated anymore! In sharp contrast to a common centralized server, where data is stored in only one place, that can be hacked much easier.

So, Blockchain Technology can protect data more effectively and is indeed one of the most valuable technologies for our future. Therefore, the ivault App is based on a highly scalable and sustainable Blockchain Solution as well.