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, Microsoft Will Use Ethereum Blockchain Against Hackers, Forex-News, Forex-News
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Microsoft Will Use Ethereum Blockchain Against Hackers

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, Microsoft Will Use Ethereum Blockchain Against Hackers, Forex-News, Forex-News

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, Microsoft Will Use Ethereum Blockchain Against Hackers, Forex-News, Forex-News

The technology company Microsoft Corporation, has plans to fight hackers and for this, it will use the Ethereum Blockchain. Thus, the Redmond-based firm announced in a report that it will run a rewards program for people who report irregular activities. It is a pioneering step in trying to stop the growing criminal activity on the Internet.

It is noted that the reward program will work anonymously to protect the people who make the reports. Also, the tool of that network, which the company will use for this task, is Argus. It is an anonymous payment system, developed in partnership with the Carnegie Mellon University of Pennsylvania and the Chinese giant Alibaba.

Once the information is received, the digital signature is able to trace the origin of the pirated content. To do this, it uses a “digital watermark algorithm”, explains the aforementioned report. They explain, at the same time, that this system can work with images, audio and other programs.

What advantages does the Ethereum Blockchain have for Microsoft?

The main advantage for Microsoft with the use of the Ethereum Blockchain is, of course, eliminating hackers. Similarly, by using Argus, they can anonymously pay users who report malicious activity and protect themselves against repeated reports. In other words, the program can defend itself against users who try to report the same event with different nicknames.

One aspect that the software manufacturer highlights is that working with Blockchain is considerably inexpensive. Apart from this, the advantages of using the blockchain also focus on the transparency characteristic of that technology. It should be noted that the Blockchain, apart from being transparent, is also public. This means that anyone can have access to observe all fund movements.

«We believe that full transparency of a campaign is necessary to truly incentivize people»States the report. The initiative to pay people who report criminal activity online is not new. However, the novelty of Microsoft’s plan is that it will use the Ethereum Blockchain for this.

«The basis of Argus is to formulate the objectives of totally transparent incentive mechanisms. In this way, the different interests of all roles are allowed to be safely and fully consolidated.», Highlights the signature.

, Microsoft Will Use Ethereum Blockchain Against Hackers, Forex-News, Forex-News

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