7 cutting-edge encryption techniques for reimagining data security
IT leaders can rely on the algorithms for updating the chain for any scenario that requires building trust between users who may be suspicious. Some are building out ways to invest or wager on events. Others want to simplify complex transactions such as buying a car that require synchronizing multiple parties, like lenders, insurance agents, or title service agents.
The costs for using some of the most prominent chains such as Ethereum can be significant, but there are now a number of good secondary or tertiary chains like Arbitrum that offer much the same security at dramatically lower prices. Some options to check out are Solana, Arbitrum, Gnosis, or Skale, but there are too many to list here.
Private information retrieval
Securing a database is fairly straightforward. Protecting the privacy of the users, however, is a bit more difficult. Private information retrieval algorithms make it possible for people to search the database for specific blocks of data without revealing too much to the database owner.
