Establishing User Authentication Using BlockchainProdigi CTO Edmund Situmorang on Enhancing Fraud Detection
Security leaders are leveraging blockchain's decentralized approach to establish user identity,as it is designed to ensure the correction of transactions through reliable sources that help to contain fraudulent transactions, says Indonesia-based Edmund Situmorang, CTO at Prodigi, Sinar Mas Group.
The new trend in containing transactional fraud is to integrate blockchain with AI to understand the behavioral pattern of the users, he says in an interview with Information Security Media Group.
In this interview, Situmorang discusses:
- How to make blockchain part of your security strategy;
- Applying Distributed Ledger Technology to protect from cyberattacks;
- Integrating blockchain with AI in fraud detection.
Situmorang is managing director and CTO of TechConnect Academy & PRODIGI (Sinarmas Group). He has worked in the U.S. for 11 years as a programmer and strategist, and enthusiastic about technology especially in the field of artificial intelligence.