Soon after its introduction, Blockchain made a lot of buzz with its innovative capabilities and features. Though the new technology was initially thought to be limited to cryptocurrencies, newer avenues such as controlling network communication, Internet of Things (IoT) devices and supply chains were soon discovered. Blockchain has been drawing a lot of attention from all aspects of all industries, and with that being said, there has been a massive upsurge in blockchain solution providers with all their promise for potential. With the solution companies undeterred faith in the technology and their tailored solutions, an incredible amount of arguments were raised concerning the companies which were willing to take their chances with blockchain technology.
Essentially, Blockchain is an online ledger that simplifies transactions by taking away the ‘middle man’ from the equation and thus making the interaction more transparent and secure. This single platform fills all the vital roles of any business deal—from recording transactions and establishing identity to contracts— unlike other platforms that store every minute detail of the process on a centralized network.
The cryptography based technology allows no single authority for any document or file, and changes can only be made with the sanction of the constituting members. So if any error happens in the chain and one of the nodes in the network goes down, the system can still function.
Among these constantly evolving features in Blockchain Technology, organizations need to spearhead themselves to offer the best customer support and partner with the right solution provider. To assist you, our distinguished selection panel comprising of CEOs, CIOs, VCs, industry analysts, and Enterprise Security magazine’s editorial board has selected a list of companies that exhibit innovative technologies and approaches in enterprise security.
We have considered the vendor’s ability in building solutions and services that can effectively yet economically account for innovative and intuitive Blockchain Technology offerings. In this edition of Enterprise Security magazine, we present to you “Top 10 Blockchain Solution Providers - 2018.”