Podcasts Government CarahCast: Podcasts on Technology in the Public Sector Blockchain Security with Chainalysis

Blockchain Security with Chainalysis

Published: Oct. 28, 2021, 5:19 p.m.

b'Blockchain is most commonly considered the foundation for cryptocurrency \\u2013 the usual form of payment by ransomware demands \\u2013 because it is a method of recording information that makes it difficult to impossible to change, hack, or cheat records of transactions. It\\u2019s a form of \\u201cdistributed ledger\\u201d that records every transaction to every participant\\u2019s copy of that ledger. As a result, blockchain holds great potential to provide high levels of security for government agencies, provided they understand that transparency of transactions also is one of its characteristics.'