Industry experts believe blockchain is a technology that has the potential to affect the business of most IT professionals in the next five years. Pick an industry you feel will be most affected by blockchain and how blockchain may be used in that industry. As an IT manager, how would you embrace blockchain? For instance, how would training occur for your team, what strategies might you use, what security methods may you recommend be used?
Your paper should meet the following requirements:
Be approximately 2-3 pages in length, not including the required cover page and reference page.
Support your answers with the readings from the course and at least two scholarly journal articles to support your positions, claims, and observations.
Even though this technology allows organizations to have an accurate and secure record of their transactions, it is still susceptible to cyberattacks (Tarzey, 2019). If the infrastructure of the blockchain network heavily determines how safe it is. In most cases, hackers and other unauthorized parties take advantage of the vulnerabilities in an organizations blockchain network infrastructure to cause damage. To avoid this, my organization’s blockchain network should include traditional security controls and technology-unique controls. These controls will help mitigate the threats and risks faced by the company’s blockchain network. They will prevent any person without the requisite clearance or authority from accessing sensitive data, make it harder for people to alter data, and finally protect the network’s encryption keys (Tarzey, 2019).
