Blockchain Security Workshop
Blockchain Security Workshop is a 2-day course where participants learn how to use a comprehensive risk management framework and system applied to blockchain network.
Blockchain security is a complete risk management system for blockchain networks, incorporating assurance services, cybersecurity frameworks, and best practices to mitigate the risks of fraud and cyber-attacks.
Blockchain technology’s data structures have inherent security qualities because they are based on consensus, cryptography and decentralization principles.
Each new block of information connects to all the previous blocks in a way that it’s nearly impossible to tamper with. In addition, all transactions in a block get validated and agreed on by a consensus mechanism (authorized users), guaranteeing that each transaction is true and accurate.
Consequently, there is no point of failure, and a user can’t change transaction records.
But experts in this field are quick to point out that blockchain security goes even beyond its inherent security characteristics.
Blockchain networks can differ in who can participate and who has access to the data. Networks are typically labeled as either public or private, which describes who is allowed to participate, and permissioned or permissionless, which describes how participants gain access to the network.
Security professional contend that businesses can more securely store and transfer records using blockchain networks with strong, built-in encryption.
This can also sometimes be a cheaper way to store data rather than renting space in a data center.
For example, blockchain can be used to securely share electronic health records. Since the data in blockchain is encrypted and private key codes are needed to access the data, these records would be shared among patients and providers safely.
Blockchain security has also proven to be useful in supply chain management. Supply chains are complex and managing them takes hours upon hours of time from businesses and their teams, especially when different links in the chain are in different states or countries.
A blockchain’s immutable record-holding technology solves many issues associated with supply chain management by eliminating the lack of transparency and inefficiencies in payment processes.
Blockchain security enables decentralization through the participation of members across a distributed network. There is no single point of failure and a single user cannot change the record of transactions.
Blockchain security professionals believe that when organizations are building an enterprise blockchain application, it’s important to consider security at all layers of the technology stack, and how to manage governance and permissions for the network.
However, public and permissionless networks can achieve greater decentralization and distribution.
A key to successfully establishing blockchain security is for organizations to employ experts to help you design a compliant and secure solution and help you achieve your business goals.
Look for a production-grade platform for building blockchain solutions that can be deployed in the technology environment of your choosing, whether that is on-premises or your preferred cloud vendor.
Blockchain Security Workshop by Tonex
Blockchain Security Workshop is a 2-day training program focusing on Blockchain security. Participants will learn how to use a comprehensive risk management framework and system applied to blockchain network.
Blockchain is a Distributed Ledger Technology (DLT) to create trust in an untrusting ecosystem. All nodes or members can record, pass along and view any transactional data that is encrypted onto their blockchain. Using cybersecurity frameworks, assurance services and best practices, we can reduce risks against attacks and fraud.
Blockchain technology enables decentralization, with the participation of members and nodes across a distributed network. Blockchain technologies differ in some critical security aspects.
Networks are typically either public or private, depending on participation. permissioned or permissionless, or how the participants gain access to the network.
Who Should Attend
This course is designed for analysts, programmers, application developers, network engineers, hardware and software design engineers, managers, and employees with little or no blockchain security experience. The course is also useful for those who have experience with blockchain security but have never had any formal training on the standard.
What You Will Learn
- An overview of blockchain technology
- A summary of blockchain security tools and applications
- How to implement blockchain security on a platform or public/private networks
- The difference between Bitcoin and blockchain for business
- Blockchain network and application security
- Private vs. public blockchain networks
- Permissionless blockchains with no restrictions on processors
- Permissioned blockchains with limited to a select set of users who are granted identities using certificates
- Cyberattacks and fraud
- Code exploitation
- Stolen keys
- Computer hacking
- Insider hacks
- Phishing attacks
- Routing attacks
- Sybil attacks
- Enforce security controls for blockchain
- Apply conventional security controls
- Enforce business controls for blockchain
- Blockchain security for the enterprise
- Identity and access management
- Key management
- Data privacy
- Secure communication
- Smart contract security
- Governance model for participating organizations or members
- Regulatory requirements
- Disaster recovery plan for the blockchain participants
- Security posture for blockchain clients for participation
- Blockchain block collisions
- Security controls that mitigate the risks and threats
Blockchain Security Workshop