Will Blockchain Secure the Internet of Things?

Andre De Castro, CEO and Founder at “Blockchain of Things” participates in “Risk Roundup” with Jayshree Pandya to discuss “Blockchain and Internet of Things”.

Overview

It is reported that the World Wide Web (WWW) and its ecosystem seems to have been initially aimed to share confidential information amongst trusted individuals. That was then. Now, the world wide web has fundamentally transformed the way we the humans live and do things.

The computer code, connected computers and the web has brought each individual and entity across nations: its government, industries, organizations and academia (NGIOA) a digital global marketplace. This digital global marketplace is rapidly growing beyond nations geographical boundaries. In this digital global marketplace, the digital products and services from e-commerce, e-banking, e-voting, e-government, e-socialization, e-education to Internet of Things (IoTs) and more are increasing in numbers and already a global reality.

As the digital global age witnesses’ transformative technological advances that is disrupting entities across NGIOA, countless business and trade transactions are already happening in the digital global marketplace. And of course, protecting these digital records and transactions from corruption, manipulation, theft has become a vital necessity for each nation: its government, industries, organization and academia (NGIOA).

Now, to be able to protect these digital transactions requires fundamental understanding of risks—understanding about where the risks comes from and how can we manage it effectively. The critical security risks of the web originate from not only the digital transactions but each digital initiative, product and service that goes through world wide web or cyberspace. Understandably “Security” for all these initiatives, products, services and applications on world wide web is of greatest importance today and in coming tomorrow.

As the world wide web expands and goes global from local: and beyond the closed knit circle of trusted individuals, the fundamental trust between the web users, that is individual from across nations disappears. In other words, with the fading trust within, between and from across  web users, everyone using the web is now vulnerable to its security risks. As the vulnerability to the web security increases, there is a growing feeling that the “Security: is rapidly becoming a myth.

Now in response:

  • Some may say that lets not digitalize or be on world wide web. Can that be even an option today for any individual or entity across NGIOA?
  • Can any individual or entity across NGIOA survive and sustain without going digital in a digital global age?

 


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About the Guest
Andre De Castro is the CEO and Founder at Blockchain of Things.

About the Host of Risk Roundup
Jayshree Pandya (née Bhatt) is a visionary leader, who is working passionately with imagination, insight and boldness to achieve “Global Peace through Risk Management”. It is her strong belief that collaboration between and across nations: its government, industries, organizations and academia (NGIOA) will be mutually beneficial to all—for not only in the identification and understanding of critical risks facing one nation, but also for managing the interconnected and interdependent risks facing all nations. She calls on nations to build a shared sense of identity and purpose, for how the NGIOA framework is structured will determine the survival and success of nations in the digital global age. She sees the big picture, thinks strategically and works with the power of intentionality and alignment for a higher purpose—for her eyes are not just on the near at hand but on the future of humanity!
At Risk Group, Jayshree is defining the language of risks and currently developing thought leadership, researching needed practices, tools, framework and systems to manage the “strategic and shared risks” facing nations in a “Global Age”. She believes that cyberspace cannot be secured if NGIOA works in silo within and across its geographical boundaries. As cyber-security requires an integrated NGIOA approach with a common language, she has recently launched “cyber-security risk research center” that will merge the boundaries of “geo-security, cyber-security and space-security”.
Previously, she launched and managed “Risk Management Matters”, an online risk journal and one of the first risk publications, publishing “Industry Risk Reports of Biotechnology, Energy, Healthcare, Nanotechnology, and Natural Disasters” over the course of five years. Jayshree’s inaugural book, “The Global Age: NGIOA @ Risk”, was published by Springer in 2012.

About Risk Roundup

“Risk Roundup” is an “integrated strategic security risk dialogue” for nations: its government, industries, organizations and academia (NGIOA) in cyberspace, geospace and space (CGS). Risk Roundup is released in both audio and video format and is available for subscription at (Risk Group WebsiteiTunesGoogle PlayStitcher RadioAndroid, and Risk Group Professional Social Media).

About Risk Group
Risk Group believes that risk management, security and peace walk together hand in hand. Though security is related to management of threats and peace to the management of conflict, risk management is related to management of security vulnerabilities as well as management of conflict, and it is not possible to conceive any one of the three without the existence of the other two. All three concepts feed into each other. Risk Group believes that the security we build for ourselves is precarious and uncertain until it is secured for everyone across nations. Tradition becomes our security-so if we build a culture of managing risks effectively it will lead us to security and security will lead us to peace!

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