BitVPN, a self-described “decentralized VPN service on the blockchain which guarantees absolute anonymity and enhanced cybersecurity to the user,” is working to prevent cyber attacks in the corporate space, according to a press release from the group.
As there is an increase of VPN services that have faults, we’re seeing more hackers take advantage of these weaker ones.
In fact, as the release notes:
“During the first half of 2020, the coronavirus and social distancing practice have forced many companies and workers to adapt to the sudden shift of the entire workplace to remote work. Although the remote work is a necessary measure during the COVID-19 pandemic and the associated declaration of public emergencies, it appears that the increasing number of accessing corporate VPN from multiple destinations and devices has caused cybersecurity risks.”
Of course, this is a massive problem, and BitVPN wants to help address it. Decentralized VPNs are the big solution to this, the release continues “the decentralized structure of BitVPN offers guaranteed privacy for users. DVPNs do not have a singular point of control and depend on multiple parties (nodes) to run the system. It works as a peer-to-peer (P2P) network where users are both clients and nodes. Since there is no centralized server to relay information, there is no possibility of data-logging in a single repository.”