A new method of protecting data stored on a computer network that could allow hackers to steal data is being developed by a company that is working on a blockchain technology that could make data more secure.
Key points:The technology would help companies like Visa, Mastercard, PayPal, and others better protect their data and make it harder for hackers to take itThe company, Chain-Chaine, says it is developing a new security protocol that would prevent malicious code from leaking data stored in the chainChain-Chase is an Australian-based blockchain startup that has developed a technology that allows companies to store data on the blockchain and transfer it to another network.
The technology, called Chain-Chain, would allow companies to secure their data on a public blockchain and prevent hackers from stealing it from the chain they are working on.
The company is currently working on developing the technology, and it has raised $1.5 million in seed funding.
“We believe the new Chain-Blockchain protocol will significantly improve the security of the Bitcoin blockchain, providing a much more secure way to share data,” Chain-chain CEO Andrew Miller said in a statement.
“This will also help us move towards an increasingly ubiquitous, globally distributed blockchain.”
Chain-Chain uses a way of storing data called the blockchain that is secured by a key that can only be changed by a few people who are the sole holders of that key.
It is also a way for companies to manage their own blockchain.
“When you think about it, every piece of data on our computer is an encrypted blob that’s held in a public key that’s shared by everyone in the network.
We could encrypt that blob with a secret key, but the same key wouldn’t be used by anyone else,” Mr Miller said.”
It’s like putting your phone in a box and leaving it there, and no one else could get access to it.”
Chain chains are blocks of data stored by the network in order to move between nodes in a decentralized way.
This means that the network’s participants can’t control how the data moves through the network, but it means that no one can take control of a block and take it down.
The new method is similar to what is currently used by Bitcoin, which uses the blockchain to record transactions and secure the data on it.
“Bitcoin has a decentralized nature, but in a way that it can be used to secure transactions.
It’s really easy to break it, so you can’t really use it for data theft,” Mr. Miller said on the company’s blog.
Chain-chain said it is currently in discussions with banks and other companies to develop Chain-blockchain protocols, which are similar to the blockchain technology used in Bitcoin.
“For our industry to move forward, we need to develop solutions that can make it easy to securely store and share information,” Mr Tynan said.