How Jason Hope Sees Blockchain Being Used In The Internet Of Things

By now there are a number of cryptocurrencies that have become almost household names. The main ones people know about are Bitcoin and Ethereum. The total value of all of these digital currencies combined is estimated to be more than $100 billion. However, not everyone wants to get on board the cryptocurrency train. For example, JP Morgan Chase & Company just pointed out that there is nothing backing these currencies and they will all eventually shut down.

Some other people have been saying similar things about the Internet of Things. One champion of IoT is Jason Hope, a tech entrepreneur located in Arizona. He says some people are worried about the hacking risk of these devices, such as someone being able to take control the cameras in a person’s home to spy on the occupants. However, Jason Hope says there are ways to mitigate the risks involved and it is worth it because this technology will change many things for the better.

Jason Hope says that he sees IoT positively impacting society in a really big way. He acknowledges the big security risks involved and how hackers will be very much attracted to these types of devices. Jason Hope says that presently the security in IoT devices is not high enough which places them at risk of being hacked remotely. He says people need to use very good passwords when using IoT devices and he also believes that manufacturers of IoT devices need to be held to high standards. He says at the least the developers of these devices need to use digitally signed and encrypted firmware.

Some are talking about using Blockchain, which underlies cryptocurrencies, as a way to secure IoT devices. Jason Hope says that Blockchain shows that data is legitimate. He says that using Blockchain would result in a decentralized platform which will provide reliable connections to IoT devices. This removes the issue of a centralized platform which can be hacked putting all of the data it has at risk. Some industries are already using Blockchain in their IoT devices such as manufacturing and agriculture. Jason Hope’s Hard Line Stance On the Internet of Things.

The internet as it exists today wasn’t really made for the types of transactions people routinely now use it for. There isn’t enough information about who each person and device is which is a big security risk. Using Blockchain in IoT will provide a way to prove who each person and device is which will make it much more secure.

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The Way Forward with IT Development

As we advance in age and technology, innovations in hacking come in handy. It has come to a point where IT experts are taking the Internet of Things (IoT) seriously. Many people have been left vulnerable to cyber-criminals. Jason Hope, a futurist, wrote an article at the beginning of this year expressing some of his concerns about security threats brought about by some IoT devices. Hackers are attracted to a combination of sensitive information and an infrastructure that is not strong. He went ahead to say that most of the time, devices connected to the small internet are too weak to support encryption.

Jason Hope analyses how advancement in technology drives economic trends. He says that continued security breaches in most companies will result in consumers demanding better IT securities for their equipment. Most of the time when people talk about security breaches, they assume that their email passwords were stolen or their credit cards were compromised. This, however, is not the case. Devices such as fitness trackers or security cameras that were meant to help us can be used to spy on the user. It is important for people to know that security breaches do not merely affect our financials, it also affects one’s social aspects of life.

Many devices when first introduced to the market have high-security standards, but lack support for automatic updates. Jason Hopes says that saving information on the cloud makes it easier to be obtained by hackers. It is high time that software and hardware companies become responsible and safeguard users’ data. Jason Hope’s suggestion to individuals is to protect themselves by for instance configuring each device with a unique signature. The admin can hence be notified if an unknown computer attempt to have access. IT developers ought to stay steps ahead of hackers if they need to stay profitable.

Besides being a believer of the internet of things, Jason Hope is an entrepreneur as well as a philanthropist. He is a resident of Tempe, Arizona. Mr. Hope received his degree from the Arizona State University. Jason later went to Carey School of business from where he received his MBA. Many people have come to know Jason Hope due to his entrepreneurial skills. He has been actively involved in charity work. He stands behind SEN Foundation, which aims at taking anti-aging to the next level. He has been active at the Tony Hawk Foundation as well as the Arizona Science Center.

Learn More: www.linkedin.com/in/jasonrhope

Jason Hope-A Man of Many Hats

In the article “Jason Hope Explains How Europe Is Leading The Way For The Internet Of Things,” the acceptance and production of the Internet of Things is observed between Europe and America. The Internet of Things, as explained in the article, equips electronics to collect and exchange data. Meanwhile, the furtherance of IoT will reduce production costs and create leeway for new products. With the perpetual rapid incline of technology, the article analyzes how the IoT will mold the future. After a survey of 500 executives between the two regions was conducted, the results revealed that Europeans are more optimistic in implementing IoT for analytical causes. However, the United States expressed less concern for security issues and regulatory barriers than the Europeans, which was not surprising considering the previous challenges Europe has faced with technology. Jason Hope is optimistically convinced that these concerns will encourage innovation in Europe and that other countries will follow suit. In fact, Europe is already investing more money in the IoT technologies with Siemens, Schneider, and the ABB spending millions of euros on IoT to advance their individual operations. As America observes the success of the Internet of Things in Europe, Jason Hope firmly believes that America will be inspired by Europe’s progression.

Jason Hope exemplifies what a true citizen should encompass. From a philanthropist, to an entrepreneur, to an investor, to a futurist, he desires to truly make our world a better, healthier place. A commendable aspect of Hope is his action on his beliefs. While many express their wishes, they do not always seek to accomplish them. However, Jason Hope invests his entire being into advancing the nations and the people. Hope lives in Scottsdale, Arizona and received his degree in finance from Arizona State University and his MBA from ASU’s Carey School of Business.

As a philanthropist, Jason Hope has invested his time and passions to organizations that work toward the betterment of society. Hope actively supports the SENS Foundation, for example, which focuses on anti-aging and finding cures for diseases such as Alzheimer’s and lung disease. However, this foundation admirably will not settle for medicinal cures, but rather they desire to discover ways to prevent the diseases from ever occurring! Hope wishes to be involved in helping others lead a prosperous, healthy lifestyle.

Additionally, Jason Hope is an entrepreneur for mobile technology. While entrepreneurship is intimidating to many, Hope set aside those fears and pursued his desires. Inspired by the benefits and large amount of people technology reaches, he decided to create his business around these technologies. Even though his business is no longer new, he willingly accepts any way of improvement, which is crucial for any entrepreneur. Hope allows any doubt to fuel his drive for change. He also invests in technology businesses such as Internet of Things. As a futurist, he envisions this business to grow and benefit the nation. In everything Jason Hope funds, he has a vision for its success and usefulness to the world.