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Blockchain Technology and its Impact on Cyber Security

   

Added on  2023-03-17

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Running head: CYBER SECURITY
CYBER SECURITY
Name of the Student
Name of the University
Author Note:
Blockchain Technology and its Impact on Cyber Security_1

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Introduction
Blockchain Technology can be stated as a distributed database of records or public
ledger, which is completely based on various digital events. It is mainly needed for execution
and share of participants of parties. In this, each of transaction in public ledger is completely
verified by large number of participants of the system. As soon as the information is entered it
will be never being completely erased (Crosby et al. 2016). Blockchain technology aims to
maintain the record of each and every transaction that is made by the user. Blockchain to
decentralize peer-to-peer currency which is make use of blockchain technology. Digital
technology is very much controversial topic which has blockchain technology that has worked
flawlessly. It is mainly needed for wide range of application in both the terms that is financial
and non-financial domain (Zheng et al. 2017). Blockchain technology aims to create a proper
system by establishing a consensus in the whole digital world. It will be merely help the parties
for understanding certain number of digital events that is needed for recording public ledger
(Pilkington 2016). This particular technology aims to open up a door which is needed for
developing a democratic open and digital economy instead of centralized one. At present, there
are large number of benefits in the domain of disruptive technology and the whole revolution in
the space that has come into picture. Blockchain technology comes up with huge number of
application in both kind of sector that is financial and non-financial.
In the coming pages of the report, an idea has been provided concerning how blockchain
technology will shift the overall offence-defence balance in whole cyberspace. A proper debate
has been provided with cyberspace, which is dominating the whole offence-defence theory. A
proper description has been providing concerning the working mechanism of blockchain
technology from the perspective of distributed ledger technology to a government firm. The
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application of blockchain technology to data integrity has analysed both direction and
magnitude.
Discussion
Blockchain will shift offence-defence balance in Cyberspace
With time, government are becoming very much involved in its cyberspace for military.
It is considered to be a cyber-domain, which is known to be an important part of security
strategies (Biswas and Muthukkumarasamy 2016). Due to growth of reliance of cyber-assets
there is a need for much deeper investigation on the overall features of cyberspace along with
call for impact on state rivalry. In the coming pages of the report, offence-defence theory for
discussion of cyberspace that has become an incentive for making use of force. The theory of
offensive and defensive is considered to be very much expensive in comparison to offence.
There are mainly three important features for the advantage of over the defence for the place of
vulnerabilities (Wright and De Filippi 2015). There is large number of areas of overall
improvement for defence and offence technologies which is known to be a difficult attribute. In
the coming days, the areas of cyber-attack in the future will become very much common.
Government has become very much conscious about the overall capabilities that are more
specifically, the vulnerabilities in the whole cyberspace. In the coming years, it is expected that it
will ultimately the overall strategies. Offence Defence theory is completely concerned with the
issues in the international topics that have dilemma and escalation (Sikorski, Haughton and Kraft
2017). ODB theory aims to predict the systematic outcome and overall possibility of the wars
and tendency to increase the overall aims of the wars. In some cases, defence is considered to be
very much easier in comparison to offence where the states will have many incentives to
cooperate. It is all about binding huge number of strategies and engaging various policies.
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Cyberspace will affect the offence-defence dominant
Cyberspace can easily provide someone with the ability for attacking with the given
keystroke. It comes up with need of deployment of a physical force by which there can be easily
physical access to some of the important region. There is a need for deploying some physical
force can have physical access to region (Raval 2016). Cyber is not generally affected due to
environment concern or any kind of weather condition. For some given value, they can have
things undertaken relentlessly without a period. Cyberspace needs to be virtually constrained that
work by against most of the target. It does not require any kind of physical resource for working
with physical action (Zhang and Wen 2017). At present, there are wide variety of actors that
tends to operate in the whole cyberspace. The whole cyberspace comes up with three main areas
like physical network, logical network and cyberspace persona.
Physical Network: It mainly comprises of hardware like cables and system that exists in
various places of the world (Meng et al. 2018). It merely tends to exits in the state that has
sovereignty for its given components. They need to obey all the required law of the state in
which it tends to reside.
Logical Network: It can be stated as the software which tends to operate in the given
network along with manifestation of the given web pages. In this election aims to make the
logical bound of the network.
Cyber- Persona: It is completely made up list of people who are completely operating in
the given cyber-space (Treleaven, Brown and Yang 2017). Similar to physical network, it comes
up with states for required laws and policies.
There is mainly four main kinds of cyberspace that aims to space the cognition of cyber-
space that is CSR (Cyber Surveillance and Reconnaissance), OPE and lastly cyberspace attacks.
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