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The secure and encrypted storage of personal data within blockchain ecosystems can offer a decentralized system and more control over their private information than if stored by profit-driven companies such as Google or Amazon. But how can experts ensure internet security following the developments in artificial intelligence? We are examining this together.
Security Measures in the Field of Artificial Intelligence
It is suggested that blockchain technology could enhance the concept of self-sovereign identity. The theory of self-sovereign identity is that individuals could have more control over their personal data by leveraging the benefits of blockchain, thus being more decisive about what data can be accessed and how it is used when they choose to access online platforms. Raheel Govindji, CEO and founder of ModClub, stated in his remarks:
“Centralized systems like Google have full control over your data, including how it is used and who can access it. In decentralized systems, you have control over your own data. You can choose what to share with whom, enhancing privacy and autonomy.”
Modclub is preparing to test biometric identity scanning with the decentralized chat application OpenChat to overcome the Proof of Humanity challenge. Isaac Patka, one of the founders of blockchain security company Shield3, made a striking statement that although decentralized systems can offer people more control over their data, security vulnerabilities do not disappear:
“A decentralized system is not necessarily more secure just because it is not centralized. However, it reduces potential exposure. If there is no central data pool, an attacker would have to take over multiple systems one by one.”
Blockchain and Internet Security
Some experts argue that the immutability of the blockchain field also naturally makes it more resistant to risks such as identity theft and fraud. Therefore, the resilience of blockchain technology in terms of security can help ensure that recorded information is not altered or tampered with at a later date, potentially restricting malicious activities. Govindji commented on the issue:
“Unlike centralized systems where access records can be more easily manipulated, the blockchain ensures that all interactions are permanently recorded. This feature is especially valuable in applications like Proof of Humanity. Changes or updates are securely recorded in the blockchain field; this allows for trust without the need for repeated data exchanges, thereby increasing both security and efficiency.”
