The Crypto Industry Needs to Solve Custody and UX Problems | HackerNoon

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In this Slogging AMA, we had the pleasure of receiving David Schwed, the COO at Halborn, an award-winning blockchain cybersecurity firm. - blockchain security

My role within Halborn is to lead the Operations of the company and ensure our continued growth and maintain our position as the leader in the industry.Hey David L. Schwed. What do you think are some of the major differences between web2 and web3 from a cybersecurity perspective?At the end of the day, may of the Web3 specific threats are similar in nature, but one must fully understand the ecosystem in order to effectively mitigate those risks.

Outside of financial service use cases, I think we will see DLT used in the legal sector as a means to effectuate contractual obligations. It can potentially reduce litigation since the "contracts" are now somewhat programmatic. Gaming is another area where we will see growth. Whether it's in-game economics/items or simply using a large decentralized infrastructure.Hello, David L.

David L. Schwed, immutability in the sense that transactions stored on the network cannot be manipulated, replaced, or falsified.David L. Schwed, with regards to DeFi and to further understand it, if it depends on the smart contract, that means essentially, the smart contract has to be effective right?Dec 9, 2022, 5:53 PM

 

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