Innovation Insight for Blockchain Security


Archived Published: 30 August 2016 ID: G00308535

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Summary

Blockchain has the potential to become a significant trust enabler in the CISO's arsenal. However, solutions are unclear, standards have yet to coalesce and regulation is far on the horizon. CISOs must make informed technology decisions that align with the organization's risk appetite and tolerance.

Table of Contents

  • Analysis
    • Definition
    • Description
      • Decentralized Consensus
      • The Blockchain (and Ancillary Blockchain Services)
      • Smart Contracts (and Smart Assets)
      • Trusted Computing and Trustless Transactions
      • Proof of Work/Proof of Stake
    • Benefits and Uses
      • Mitigating Trust and Transparency Issues
      • Managing and Ensuring the Integrity of Digital Assets
      • Increasing Fault Tolerance and Resilience
    • Risks
      • Marketing Hype and an Inconsistent Definition
      • Scalability
      • Blockchain Is Not Immune to Cyberattacks or Fraud
      • The Difficulty in Assessing Risk and Exposure Across the Range of Blockchain Offerings
    • Recommendations
    • Representative Providers
  • Gartner Recommended Reading
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