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UNDP And Blockchain For Good Put Public-Service Security Ahead Of New Payment Rails

By NewsBTC Editorial Team

UNDP and the Blockchain for Good Alliance announced a two-year cybersecurity programme on October 19. The initiative brings a practical question into blockchain adoption by public institutions: whether the people operating a service can prevent failures, respond to them and restore access.

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Blockchain

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

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Cybersecurity

The practice of protecting computers, networks and data from attacks, theft and damage.

Breaches can expose personal data, halt businesses and threaten public services.

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