Posts

Showing posts with the label blockchain test automation

What factors determine the quality of Blockchain Testing?

Image
Blockchain Testing With technology having a disruptive and transformational impact on businesses and their end users, its acceptance and adoption depend on a variety of factors. Among these are the social and cultural mores, economic prosperity, and risk taking ability. If the world of the Internet and increased digitization have brought attributes like convenience, value for money and speed, they have also created challenges. These are in terms of generating trust, accountability and transparency for online transactions.  Furthermore, even if more number of people are switching onto online digital transactions, the inherent fear of being shortchanged or targeted by cyber criminals is always there. However, if digital technologies per se have created challenges of trust and reliability, the answer too has been provided by technologies such as blockchain. Though in its infancy, blockchain has been touted as the next big thing in ushering in a greater adoption of digital...

Why should Blockchain be used to prevent issues of Cybersecurity?

Image
BlcokChain Testing Blockchain or Distributed Ledger Technology is touted as the next biggest thing arguably after the advent of the internet. This is mainly to do with its potential scale of impact in multiple verticals like healthcare, government, manufacturing, energy, and financial services among others. In fact, blockchain is expected to provide a benchmark in financial services as far as recording transactions or any digital interaction in a transparent and secure way is concerned. Of late, the drive towards digital transformation by corporates, organizations and governments has led to increased digital transactions and interactions. And no point in guessing that the ease of carrying out online transactions coupled with its cost effectiveness has driven this transformation in a big way. However, with an increase in global online transactions, there is a commensurate threat to cybersecurity as well. If statistics are to be believed then the total revenue lost on accoun...