Blockchain is often associated with cryptocurrency. However, the decentralized technology can have a wide range of impacts that go beyond bitcoins and their peers. Many industries, sectors and businesses will reap the benefits of incorporating Blockchain technology into their everyday processes, from finance and banking to healthcare.
This article discusses Blockchain’s potential for transforming the web hosting industry in a positive way, both for end clients and providers.
Your website is a digital version of your brick-and-mortar shop. Your website can help you generate revenue, build business relationships, attract international clients, sell to institutional buyers and individuals, and even make sales.
You will need to purchase a domain name as well as hosting services in order to build and manage a website. Although you control the site’s front-end and its backend, your hosting ecosystem has a profound influence on it.
Although you trust your hosting providers to protect your site’s security, increasing data breaches and cyberattacks are proving otherwise. Hosting providers are not entirely to blame. The current “model” for web hosting needs to be overhauled.
Blockchain In Web Hosting
Blockchain is a viable option and should be considered. The Blockchain is decentralized and protected by cryptographic hashes. This will add a new dimension of security and performance to your website. Here are some ways Blockchain can be applied to the hosting industry.
Blockchain Can Prevent DDoS Attack
DDoS, or Distributed Denial Of Services, attacks have become a popular weapon for threat actors due to their greater impact and speed. This is a sure-fire way to shut down websites and disrupt the digital world. It’s all about volume.
Gather volume and then direct it towards the target site. Bots make it even easier. The victim must continue to stay online by increasing the computing resources, which can cost thousands of dollars for hosting companies around the world.
It is important to note that DDoS attacks are possible because of the current system of centralized servers. Every node can host a certain portion of the site thanks to Blockchain-based decentralized hosting that has thousands of distributed nodes. Because there is no central target, it effectively stops attacks.
DNS servers translate the user’s browser address bar plain English name into a computer language, technically known as IP address. This allows them to connect to the relevant website.
An attacker can disrupt the critical process of converting URLs to IP addresses and cause chaos in the digital ecosystem. These attacks can be both massive and costly in business and geographical terms.
The Blockchain platform is a reliable tool to protect DNS records from being attacked. The distributed model of DNS management will stop threat actors from directing their threats towards one DNS server. It will provide superior protection against other attacks related to DNS manipulation, such as man-in the-middle attacks or URL redirection.
Data Breaches May Become A Thing Of The Past
In the present set-up, we must trust websites with our sensitive data. Users are now discovering that this model is not perfect. A lack of security measures at the provider’s end can lead to data breaches. The stolen data can then be used by cyber-attackers in a variety of ways. These include manipulating your sensitive digital areas, unlocking your passwords, misusing communication IDs, or wiping out your bank accounts using payment card numbers.
Your data can also be sold to providers, which can lead to annoying market communications or requests for specific apps. They may even be able to use your data for their business purposes. These things can happen without you being aware.
Blockchain is a cryptographic system that allows you to retain full data ownership and use different digital apps. Blockchain replaces centralized storage by distributed storage over a large network. The blockchain model allows users to have exclusive data access and digital applications.
Defense Against Cyber-Attack
Point-to-point encryption is a great way to protect mission-critical data from intransit attacks as well as its integrity at resting place. Point-to-point distribution allows for the spread of Blockchain copies over a wider range of cloud networks, which provides significantly higher security against data breaches, especially when compared with single-point storage.
This will add a new dimension to encryption-based security, as mission-critical data can now be shrunk into small pieces before being encrypted. These tiny data bits can be stored on multiple nodes strategically located across different geographies, thanks to the decentralized nature of Blockchain technology. It adds additional security to encryption-based technology, ensuring superior security.
Blockchain is a decentralized platform which replaces the central authority through cryptographic hashes or smart contracts. It provides unrestricted access to all permitted data while providing security for data transactions. Hosting providers can ensure superior security and performance by strategically using Blockchain in the web hosting sector. The end clients will enjoy a smooth and quick experience while maintaining maximum control over their data.