Is Blockchain Technology the Future of Two-Factor Authentication?
altcoins

Is Blockchain Technology the Future of Two-Factor Authentication?

THELOGICALINDIAN - Making the systems and platforms acclimated by accustomed consumers added defended is proving to be absolutely a difficult assignment Several platforms accept implemented some anatomy of twofactor affidavit ensuring that alive somebodys username and countersign is not acceptable to accretion admission But back all of these platforms and systems alpha to accomplish their own proprietary twofactor affidavit apps for adaptable things assume to get out of duke

Also read: Bitcoin and the Sharing Economy Go Hand-in-Hand

Relying on Standard Two-Factor Authentication Providers

Bitcoin.com_DigIDWhenever you ask a accidental being thet blazon of two-factor affidavit they use for assertive services, there are two acceptable answers. Either they use SMS verification, which is the best accepted anatomy of “verifying” somebody’s identity, or they use Google Authenticator. The closing is of appropriate concer — alike admitting it is a commonly-used solution, and there are no inherent bugs or issues to be found. Just because Google Authenticator or SMS two-factor affidavit are commonly-used accoutrement doesn’t accomplish them the best defended solutions either. Granted, for the accustomed consumer, these are two of the best convenient forms of affidavit they accept admission to. However, both of these affidavit accoutrement await on a third-party provider, which may not be the best advance of action.

With adaptable software threats on the acceleration and malware actuality able to log all types of conversations and abstracts from adulterated devices, SMS analysis may actual able-bodied be one of the affliction solutions accessible to date. Malware on adaptable accessories can “hide” itself in the background, accession abstracts while the use thinks the SMS artlessly didn’t appear through.

Or, in the affliction case scenario, addition accidentally accessed the adaptable accessory to apprehend an SMS cipher as they requested admission to this belvedere by application the consumer’s credentials. Erasing all advance of this SMS actuality beatific isn’t absurd either, already somebody is accidentally affiliated to a malware-infected device.

Google Authenticator does not anon ache from malware on adaptable devices, yet it is not chargeless of abeyant aegis risks. Commonly-used aegis solutions become above targets for hackers who would like annihilation added than to acquisition a bug or backdoor in Google Authenticator. Even admitting this has not happened aloof yet, it is not absurd for it to happen in the future.

With all of the aloft actuality said, added companies are starting to advance and cycle out their own proprietary two-factor affidavit solutions. For example, bounded governments can affair “citizen tokens,” a account of about generated codes that one needs to be entered every time you log in on a government-run platform.

In The Netherlands, addition proprietary two-factor affidavit app has been announced, with the sole purpose of authoritative government-related platforms added secure. This appliance — alleged the DigiD App — will be accessible in the additional bisected of 2016, and acts in agnate appearance to Google Authenticator. Random two-factor affidavit codes will be generated aural the appliance itself, and will alter the SMS analysis advantage for those who adopt to do so. Doing so seems to serve a additional purpose as well, as the Dutch government acknowledges SMS two-factor affidavit is a cher measure.

As of columnist time, the alone another for Dutch association is to use SMS verification, yet not every aborigine is agog on giving their adaptable buzz numbers to the government.

 

Decentralized Two-Factor Authentication a Solution?

Bitcoin.com_DecentralizedHaving assorted options for two-factor affidavit is never a bad thing, but if anew created apps can alone be acclimated aural assertive ecosystems, it begs the questions whether or not an another band-aid ability be preferable. A blockchain-based solution, for example, could be chip into any belvedere in the world, and abide a appropriately decentralized and defended anatomy of verification.

Such a decentralized band-aid would assignment in the anatomy of arising a agenda badge over the Bitcoin blockchain, which contains claimed advice of the consumer. Upon accouterment this token, by application it to digitally assurance the login action for example, the user is again accurate to admission the platform. Because every badge would alone be accounted accurate through its clandestine key, which is owned by the user, no one abroad can admission the belvedere through their credentials.

Companies such as BitID are alive on a activity that lets users assurance up to any account application their different Bitcoin wallet addresses and clandestine keys. Such a belvedere could calmly be acclimatized to serve as a two-factor affidavit agreement on top of the Bitcoin blockchain. Overall, the action would still be actual user-friendly, action added aegis and privacy, and be added cost-effective.

What are your thoughts on two-factor affidavit in general? Do you anticipate there will be added of these proprietary apps in the future? Let us apperceive in the comments below!

 

Source: Tweakers (Dutch)

Images address of DigiD, Shutterstock