
<p>The BSV Blockchain Association recently <a href="https://coingeek.com/vip-reception-in-uae-ras-al-khaimah-to-shine-light-on-bsv-blockchain-adoption-in-the-middle-east/" target="_blank" rel="noopener">hosted a VIP Reception event in Ras Al-Khaimah in the United Arab Emirates</a>. The event, which took place on 8 October 2022, was invite-only and included members of the Royal Family, C-level executives and select media members.<br>The event included an evening of talks and panels from project owners and key stakeholders in the region and from around the world. Attendees were also allowed to have one-on-one sessions to learn more about the <a href="https://bsvblockchain.org/enterprise/" target="_blank" rel="noopener">BSV blockchain (BSV) and find out more about its business use cases</a>.</p>



<p>One of the first presentations was given by <a href="https://www.linkedin.com/in/bwdaugherty/" target="_blank" rel="noopener nofollow">Bryan Daugherty</a>, <a href="https://smartledger.solutions/" target="_blank" rel="noopener nofollow">Co-Founder and CEO of SmartLedger Solutions</a>. SmartLedger is dedicated to solving governmental problems through custom-made blockchain solutions.</p>



<p>As part of his presentation, Daugherty gave them an overview of Certihash &#8211; the world’s first real-time anti-hacking tool and the world’s first blockchain cybersecurity solution.</p>



<p>&#8216;Cyber attacks are a huge problem for governments and businesses worldwide. The average time to detect a network break is 21 days. This comes with a cost of $5 million for any breach that goes beyond 30 days.</p>



<p>&#8216;Certihash can reduce any data breach to near-instantaneous detection. The compounded damage and disruption to the government can be completely avoided. This is significant when applied to critical government data such as medical records or financial data.&#8217;</p>



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Detecting network breaches instantly with Certihash and BSV | RAK VIP Reception 2022" width="500" height="281" src="https://www.youtube.com/embed/qi7rg79b72Q?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
</div></figure>



<h2 class="wp-block-heading" id="h-the-bsv-blockchain-is-the-perfect-fit">The BSV blockchain is the perfect fit</h2>



<p>BSV is the only public blockchain capable of unbounded scaling with low transaction fees and high data throughput. It also offers a stable and reliable protocol, and an immutable record of transactions secured by proof-of-work, making it the ideal protocol on which to build the Sentinel Node cybersecurity detection tool &#8211; a component of Certihash.</p>



<p>Daugherty notes that the time taken to detect cybersecurity breaches is one of the primary factors in the overall cost and severity of an attack. This is backed up by a recent study by IBM, which found that it requires an average of 212 days to identify a security breach and then a further 75 days to contain it.</p>



<h3 class="wp-block-heading" id="h-find-out-more-about-certihash-and-sentinel-node-for-information-security">Find out more about Certihash and Sentinel node for information security</h3>



<p>&#8216;After a simple installation on your system, the parameters and time interval to monitor the system is chosen,&#8217; said Daugherty. &#8216;At the first sign of any unauthorised changes, Certihash prompts an alert in real-time, eliminating the trailing costs of an attack.&#8217;</p>



<p>Daugherty and SmartLedger’s Greg Ward unpacked more details about Certihash in the latest episode of <a href="https://www.youtube.com/watch?v=_3VF07s9w4A&amp;list=PLZ0pwNHAaRfn6LVwfk6moHngyvPqAJmbV&amp;index=2" target="_blank" rel="noopener nofollow">Blockchain Hustlers</a>.</p>


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