Written by Evan Schindler

From Pittsburgh with a background in payments, mobile applications and marketing technology. My future is in blockchain.
October 26 2018

The Importance of Security in the Blockchain Space

Driving adoption with crypto-ready companies, TLDR Global is an advisory firm that specializes in building companies and infrastructure for the new token economy.

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We've already bought into the idea of blockchain; security issues are one of the leading reasons that it exists and tech-enthusiasts believe it has the power to change the world. In fact, improvements in security against fraud and cybercrime make up 56 percent of the reason business leaders are currently using or considering adopting blockchain in their organizations.¹

But what about security for companies built on blockchain? New blockchain-related companies are popping up more and more, many of them being open-source software projects, and their security needs are slightly different than most. That's where companies like TLDR Global come into play. TLDR brings a wealth of security knowledge to the crypto space. We caught up with Jason Truppi, TLDR Partner, and former FBI Cyber Special Agent, at HoshoCon to learn more about their business.

"The majority of the companies I talk to really trust the security that's inherently in the blockchain itself, but they forget about different kinds of security issues that come with software development and securing your people and your devices and your assets.

Really, when you think about it, in blockchain for a startup, you need to think about security from day one. You can't wait until you're a 50-100 person company before you start thinking about security. So what we try to do is we take enterprise knowledge from protecting all the Fortune 500 and Global 2000 companies and try to apply that to these smaller entities and startups in a way that doesn't stifle innovation, but gives you that maximum benefit to reduce your risk as much as possible." 

—Jason Truppi, Partner, TLDR

Check out the interview below, subscribe, and leave a comment if you have questions about security challenges in the blockchain space.

 

 

 

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¹Blockchain in Cyber Security: Who is Who, https://medium.com/polyswarm/blockchain-in-cyber-security-who-is-who-269d89feadc1

Topics: Blockchain, Video, Conference, Blockchain Technology, Security