Blockchain Based User Authentication, REMME makes it possible

Did you know that hacked passwords cause 95% of data breaches today? It is estimated that by 2019, over 80% of organizations will use access management software or services to avoid such cybersecurity issues. And, it will be made possible by the use of cryptocurrency’s underlying blockchain technology.The blockchain technology is revolutionizing our cybersecurity in unprecedented ways; after all, it is the result of years of research and development in cryptography and security.Take this case for instance, in May this year; the WannaCry virus attack hit the British National Health Service NHS, with software that targeted Microsoft’s widely used Windows operating system. On the other hand, the largest U.S. hospital operator, Community Health Systems Inc, claimed Chinese hackers broke into their computer network and stole the personal information of 4.5 million patients in 2014.The recent spate of cyberattacks has raised concerns about the existing security features. In the recent days, there have been numerous discussions and even whitepapers drafted on the use of blockchain technology for securing the IT infrastructure. With the increasing adoption of IoT devices capable of generating lots valuable data continuously over a period of time, the industry is forced to come up with better ways to secure and even monetize the gathered data. REMME has a solution that can meet these needs. The platform has already proven its capabilities at the recently held Microsoft Blockchain Intensive hackathon by winning the first place. The company partnered with Infopulse to come up with a traffic collision awareness solution using REMME authentication technology. TO KNOW MORE INFORMATION CLICK HERE VISIT REMME WEBSITE via /r/icocrypto https://ift.tt/2IKZtkU