Jan 24, 2018
Has blockchain become a trusted approach for IoT companies? Scott Schober, president and CEO, Berkeley Varitronics Systems Inc., says the whole concept of blockchain emerged in 2008 or 2009, and it is a buzzword. He says while people say it is not hackable, it is, but it is harder to hack. Hackers are looking for the lowest hanging fruit to compromise. Schober explains the fundamentals of a blockchain is good because people can only see parts of it and it is encrypted, but it is depending on other people in the chain to protect it.