From finance and insurance, to retail and healthcare, blockchain technology has been all pervasive since emergence. Recent reports indicate that the global market for this technology is projected to reach 20 billion USD by the end of 2024, while the overall market is expected to grow at a CAGR of 58.7%.

No matter how large or small your business, data thefts, hacks and breaches have become the order of the day. Almost every single day, we wake up to news of cyber-attacks that originate in different parts of the world and cripple businesses, institutions and even non-profit organizations for varying lengths of time. Such massive scale data thefts not only impact the credibility and continuity of your business, but also pose serious privacy concerns for the impacted parties, such as your clients, employees, shareholders, associates and vendors.

Have you ever wondered whether sci-fi movies inspire new technology or reality happens to be portrayed in movies slightly ahead of time? There are massive digital transformations that we see around our personal lives, as well as businesses have become intertwined with the Internet of Things (IoT). From smart homes, driverless cars and auto-calibrated stoplights, to app-based alerts for shopping, social interaction and professional requirements, gadgets and appliances have made our lives easy, intelligent and efficient. Virtually every device that we use hooks up to the internet through sensors, electronics, software, actuators or other embedded items that enable non-stop connection, collection or exchange of data and information.