Blockchain is gaining increased traction across industries with the decentralized public-ledger framework opening new use cases daily, extending beyond cryptocurrency into financial services, retail, real estate, healthcare, insurance and more. While it provides a trusted and immutable record, the blockchain is not completely secure. The Blockchain stores assets of value at an address in a public ledger using a private key. Much like a card or account number to access funds, that key is all that is required to access that digital asset, and if it is lost or stolen, that value is gone. This vulnerability undermines consumer confidence and limits the ability for companies to offer products that help comply with regulations and best practices.
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