GO DIGITAL! Has been a slogan for
every country across the world. Well, you know the currency in this world is
more in the form of electronic data rather than a tangible piece. A couple
years ago to make the transactions more sophisticated, cryptocurrency has been
introduced in the Internet world. To keep this currency safe, BlockChain
Technologies has been introduced and have been used it extensively. Basically,
Blockchain is used to distance your personal information from fraudulent and
avoids to tamper your sensitive data from hackers.
Usually, your footprint on the internet leads to a collection of all the data, which
includes financial history, social work, and medical history. There is BlockChain
management technology out in the market that keeps a hand of the hackers from
your information in the form of the database. As you know that you can let the
access to your loved ones which can benefit the member if you get involved in
some of the mishaps. Let’s take an example, if you are afflicted with a rare
disease, the doctors tend to jump in front of your family members with numerous
tests which had been done in the past. But you don’t have the results with you.
In this case BlockChain tokens for the family,
i.e. the family members you have permitted to use your data and cryptocurrency
will have tokens and will readily access your cyber data. This can act as a
time-saver and can ultimately lead to a lifesaver.
Previously to have access to your
data, login and password were enough to have a toll over your life. Blockchain
technology has revived itself with the revolutionary technology across the
world. Identity Management with Blockchain has eliminated the chances of
hackers to mess with your data. Nowadays the leading example of the data breach
which has been tolling over the list is by Facebook, where personal information
was used to influence the U.S.A Election polls. Hence, save yourself and your
data until it’s too late.
As a citizen of the country, our government
has a responsibility to save us from the fraudulent. Identity Management for the government
has been a need of an hour. As our government endeavors to save from the
thefts, they have been adopting new technology to make us feel safe. By the use
of technology, you can give a character of road-runner to the economic growth.
And with the help of this, you can lessen down the time and decrease the
liabilities needed to run constituents.