Cryptocurrency holders are the main targets of hackers, most cryptocurrency companies no longer rely on phone numbers and text messages for two-factor authentication.

Instead, some encryption platforms use new forms of biometrics to verify the identity of end users. These same tools can be used in a wide range of devices and services to authenticate users and protect users' personal data.

In addition, concerns about encryption security have prompted some phone companies to develop specialized hardware for the secure storage of digital assets on mobile devices.

Major mobile phone vendors like HTC and Samsung have even begun to add encryption processors to their phones - the sole purpose of these processors is to securely maintain the private keys on personal devices .

Blockchain innovation is strengthening online privacy protection

Too many companies have difficulty keeping up with the best practices of network security and failing to protect personal online privacy. These companies-companies that people entrust to manage personal and financial data-have accumulated a large number of online databases of highly sensitive user information. If these databases are compromised, the consequences may be catastrophic.

Thanks to encryption technology, there are better ways to ensure consumer privacy. Zero-knowledge proof is a security protocol developed by blockchain engineers. Its explicit purpose is to coordinate public responsibility (maintaining a balanced ledger that everyone can see) and personal privacy (hidden in the ledger for all parties involved in the transaction) identity of).

Zero-knowledge proof enables Party A to prove to Party B that they know a secret without revealing to Party B what the secret is. This allows both parties to verify the data without disclosing the actual data.

In enterprise and consumer software environments, zero-knowledge proofs can enable individuals or organizations to prove their identity to applications without these applications having to store weak authentication devices such as usernames and passwords on their servers. In this way, even if a company's server is compromised, customer data is still safe.

In short, zero-knowledge proof has the potential to completely change the way we authenticate users online and protect personal data.

Encryption technology is restoring data sovereignty

In addition to protecting data, the decentralized architecture of blockchain may be the key to real data sovereignty.

Now more than ever, many of us spend a large part of our lives online. We send photos and videos to friends and family. We store and share important files. We conduct sensitive business conversations via video chat. The entire history of conversations with colleagues and relatives is backed up with a centralized protocol. The question here is what happens to all this information (information that belongs to us) when the centralized provider fails.

Bitcoin, the original blockchain use case was proposed in response to the 2008 financial crisis. Part of its value proposition is to enable ordinary people to accumulate and protect their wealth without a central intermediary.

By using a unique private key, holders of Bitcoin (and other digital assets) retain full ownership of their encrypted assets, as well as in peer-to-peer transactions The ability to conduct transactions.

Private keys and blockchain networks can help Internet platforms and online applications restore the data sovereignty of their customers .

Although important technical infrastructure must be established before consumer-oriented applications can be transferred to the blockchain network, existing use cases indicate that the mainstreaming of the blockchain network may be closer than you think.

The future of the Internet remains bright

With the development of the Internet to the point where it is ubiquitous today, it has done immeasurably good things. It has created extraordinary wealth for enterprises and entrepreneurs. It has become a source of unparalleled convenience.

It provides new educational opportunities for anyone in contact. Personal security, privacy, and data sovereignty are just three aspects of the Internet that need to be improved.