Network Infrastructure, Network Management
Article | July 27, 2023
Blockchain technology has the potential to transform the way businessesoperate.As a result, it has gained tremendous momentum and is no longer the utopian dream of a few crypto enthusiasts. According to a Deloitte report that surveyed more than 1300 senior executives worldwide, 53% said blockchainin businessis a priority. Also, PwC highlights thatblockchain alone can add $407 billion to the GDP of the USA by 2030.
Blockchain is cementing its position in the market and is expected to be worth $163 billion by 2027, according to Statista. The time has come for digital businesses to harness the power of decentralization and incorporate it into their everyday processes.
You simplycan’t lose out on the business opportunities that this technology has tooffer simply because you are living under a rock. In this article, we will discuss how using blockchain for business can make a huge difference in your business process. Let’s first begin by looking at the challenges faced by traditional business models.
Challenges Traditional Business Models Face
A growing business encounters several challenges, and different problems demand different solutions. Mentioned below are some of the challenges that traditional business models often encounter.
Time-Consuming Processes
In a business operation, all processes function as separate entities. Teams often find themselves looking for, gathering, and analyzing the same data to make decisions.
As a result, the teams must rely on a lot of third-party intermediaries to runtheir business processes smoothly. This adds to the time and complexity of the processes.Use of blockchain technology can help to effectively do away with this challenge.
Lack of Security
Data security is another area of concern that can be taken care ofby storing data on the blockchain. Data that is storedin the cloud or a centralized storage facility, is vulnerable to security breaches. The traditional business ecosystem, data, and stakeholders are unprepared for the considerably more intelligent and ever-changing hackingtechniques. As a result, important and confidential data can get breached and compromised.
Payment Barriers
Payment transactions are often more complicated, time-consuming, and costly due to the diversity of currencies and parties involved. Blockchain technology promises to make processing payments and other transactions around the world faster, safer, and cheaper by getting rid of the need for mediators like correspondent banks and clearing institutions.
Payment barriers are another problem that the adoption of blockchain business models can ease.
Shoot-up Your Business Growth with Blockchain Technology
Blockchain in business is aiding the transformation of business across industries all around the globe. Blockchain is transforming supply chains, banking and financial services, healthcare, government, retail, and other industries.
Here are some statistics that demonstrate blockchain's significance in strengthening industries:
The financial sector contributes to around 30% of the market value of blockchain. (Statista)
By 2028, the value of blockchain in healthcare will be $1189.8 million. (Vantage Market Research)
By 2026, the value of blockchain in agriculture and food will be $1.48 billion. (BIS Research)
In 2022, the blockchain market in the manufacturing industry will be worth $85.64 billion. (Globe Newswire)
Accelerates Your Business Processes
Blockchain is taking a central role in the ongoing digital transformation process. In digital transformation, time is one of the most critical factors that keeps you ahead of the curve. Moreover, business operations that use a blockchain to store and transfer data provide high levels of security.
On this basis, you can create completely automated transactions in various business domains. This method is not only dependable and safe, but it is also exceedingly fast.
Improves Your Online Security
Encryption and validation are two significant advantages of mainstreaming blockchain technology. Every operation and communication that happens online will be encrypted. It protects against data alteration. Due to its distributed nature, you can verify that no one has altered even a bit by checking signatures across all nodes.
Blockchain in business will be helpful for storage, private messaging (between companies/clients or friends on social media), safer DNS, and IoT security. Blockchain use in business will enhance cybersecurity, but this transformation won’t happen overnight, it will take years before it impacts the ways in which we use the internet.
Eases Online Payments
While online transactions are safer than ever, users' data is still at risk. However, this decentralized platform can make payments transparent and tamper-proof in the financial ecosystem.
Decentralized blockchain technology protects data. Simply put, it allows you to make payments without a payment processor.
Blockchain technology protects financial transactions by removing central points of failure and minimizing errors. This helps in saving time and money. In addition, blockchain technology ensures that transactions remain unaltered and only those involvedcan see the history.
A Game-Changer in the Supply Chain & Logistics
Anything that can conceive of as a supply chain, blockchain can vastly improve its efficiency - it doesn’t matter if it’s people, numbers, data, money.”
- GinniRometty, CEO of IBM.
The integration of blockchain simplifies supply chain and logistics work. The blockchain's decentralized nature ensures maximum transparency in every transaction in the supply chain, from raw material purchase and manufacture to distribution and sale of the finished product. At a minimal cost, each transaction can be promptly and readily documented on the blockchain. There are very few risks this way, because the final buyer can track a product's origin along the whole supply chain.
Reduces Operational Cost
Blockchain-based smart contracts are a boon. Businesses can make and receive online payments through some set guidelines. Brokers, escrow agents, and other intermediaries are excluded through smart contracts. Smart contracts are self-executing programs that safeguard the interests ofall parties. These contracts use unbreakable cryptographic code and automatically implement contract terms.
Lastly, smart contracts keep track of all consumer, worker, and stakeholder activities. Many global corporations use smart contracts to perform essential HR and administrative tasks.
What Does Blockchain Mean for Entrepreneurs?
Blockchain technology is so much more than just a technology used for cryptocurrencies. For a commoner, whenever we talk about blockchain, the first thing they think of is bitcoin or cryptocurrency. However, for businesses and entrepreneurs, blockchain is more than just a cryptocurrency. Let's take a look at the ways in which blockchain technology can empower business leaders.
Case Study
Blockchaintechnology is being rapidly usedin the logistics industry.The main advantages include higher confidence in the system due to greater transparency, improved product traceability, and cost savings by eliminating manual and paper-based administration.
One such example Tradelens, a blockchain-powered open and neutral supply chain network, is one example. It was founded by IBM and Maersk and has expanded to 150 members, including some of the world's largest logistics companies, including CMA CGM, MSC, ONE, and Hapag-Lloyd. In 2020, it claims to have made businesses 15% more efficient by letting them get rid of legacy data systems, manual document processing, and limited visibility. By 2050, it claims to have made them 15% more efficient.
Final Thought
Blockchain technology is theinevitable future, and its use is no longer restricted to crypto transactions. In the coming years, blockchain development solutions will be used ineCommerce marketplace, peer-to-peer financial transactions, content distribution, healthcare data exchanges, supply chain, and customer services.
Blockchain applications are no more the pie-in-the-sky dreams of early adopters. This technology has the potential to revolutionize practically every sector and solve your company's greatest challenges. Smart and strategic use of new technologies, can make your company more secure, transparent, and ready for whatever comes next.
FAQ
What Is the Impact of BlockchainTechnology on Business Models?
Blockchain implementations can minimize transaction costs such as negotiation and search expenses and eliminate intermediary costs. This means that by 2022, blockchain technology is expectedto cut costs in the financial sector by$15–$20.
What Is the Size of theBlockchainMarket?
The global blockchain market was valued at $1.57 billion in 2018 and is expected to more than triple to 163 billion USD by 2027.
What Does BlockchainMean for Business?
A blockchain is a digital record of who owns what, and it is constantly updated. The time, date, dollar amount, and participants in a transaction are encrypted into a "block" that is connected to other blocks to create a chain.
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Enterprise Mobility, Mobile Infrastructure
Article | June 16, 2023
Discover network intrusion monitoring with top network monitoring books. Explore insights, best practices, and tools to secure network visibility and processes used in monitoring network performance.
Observing networks for performance and security anomalies is crucial for businesses that rely on their business network. Network monitoring solutions monitor performance metrics across an entire network to guarantee that your systems operate properly. From monitoring network performance to ensuring comprehensive visibility, the books listed below will offer a wealth of knowledge and expertise to empower professionals in the networking industry.
10 Network Monitoring Books to Effectively Monitor Performance
1 Zabbix Network Monitoring
Author: Rihards Olups
Zabbix Network Monitoring book is an indispensable resource for networking professionals seeking to enhance their network visibility and improve network performance monitoring. This comprehensive guide offers an approach to effectively monitor network devices and applications using Zabbix 3.0. One of the network monitoring books, Zabbix Network Monitoring covers essential topics such as data collection, native Zabbix agents, and SNMP devices. It also delves into monitoring Java application servers, VMware, notifications, permission management, system maintenance, and troubleshooting. It empowers readers to build a robust network monitoring solution to gather data from various systems. By exploring the intricacies of Zabbix, this book ensures that network monitoring becomes an efficient and effortless task, ultimately enhancing network visibility and performance for all stakeholders.
2 The Practice of Network Security Monitoring
Author: Richard Bejtlich
An essential book for networking professionals, The Practice of Network Security Monitoring: Understanding Incident Detection and Response, helps to enhance network visibility and strengthen network security. The book's author, Richard, guides readers through implementing network security monitoring (NSM) as a proactive defense strategy. The book emphasizes integrating NSM into security measures to effectively detect and respond to intrusions. It also provides practical insights on deploying, building and operating an NSM operation using open-source software and vendor-neutral tools. With a focus on proactive incident response, this book equips readers with the knowledge and techniques to establish a robust security net that detects, contains and controls attacks. By implementing the practices outlined in this book, organizations can better safeguard their networks and prevent the loss of sensitive data.
3 Internet and Network Architecture
Author: Sang Hinch
Internet and Network Architecture: Analyzing Performance with Network Monitoring Tools is a must-read for professionals in the networking industry seeking to enhance network visibility and optimize network performance monitoring. This comprehensive guide offers a thorough introduction to TCP/IP, FTP, IP addresses, ports, and web page retrieval, providing a solid foundation in internet and network architecture. The book explores the complex workings of routers, data transmission, network configuration, and architecture, enabling readers to build efficient and secure networks. Focusing on practicality, it emphasizes using network monitoring tools to analyze performance and troubleshoot issues effectively. By mastering the fundamentals presented in this book, readers will gain the knowledge and confidence to navigate the World Wide Web, understand network protocols, and make informed decisions for network optimization.
4 Zabbix 4 Network Monitoring
Author: Patrik Uytterhoeven & Rihards Olups
Zabbix 4 Network Monitoring: Monitor the performance of your network devices and applications using the all-new Zabbix 4.0, 3rd Edition is a comprehensive and highly valuable resource for professionals in the networking industry. This book serves as an essential guide to effectively monitor the performance of network devices and applications using Zabbix 4.0. Written for both beginners and experienced users, the book offers a step-by-step approach to help readers quickly grasp the installation process and explore the new features of network monitoring. From understanding native Zabbix agents and SNMP devices to harnessing Zabbix's integrated functionality for monitoring Java application servers and VMware, readers will gain comprehensive knowledge. With insights into optimizing performance, automating configurations, and troubleshooting network issues, it will develop advanced skills to ensure a healthy and efficient network.
5 Applied Network Security Monitoring
Author: Chris Sanders & Jason Smith
An indispensable book for professionals in the networking industry Applied Network Security Monitoring: Collection, Detection, and Analysis offers a comprehensive guide to become a proficient NSM analyst. Focusing on NSM's collection, detection, and analysis stages, this book equips readers with essential concepts through real-world examples and practical scenarios. Recognizing that prevention is not foolproof, the book emphasizes the critical role of detection and response in minimizing the impact of network intrusions. With insights from experienced NSM professionals and access to sample data, readers gain valuable knowledge to analyze network security incidents effectively. From data collection methods to in-depth coverage of tools like Snort, Suricata, Bro-IDS, SiLK, and Argus, this monitoring book provides hands-on experience and practical examples using real PCAP files. By leveraging Security Onion for lab examples, readers can develop and enhance their analytic techniques.
6 Practical Network Security Monitoring: Using Free Software
Author: Elizabeth Graham
Practical Network Security Monitoring: Using Free Software offers guidance on utilizing free software to collect, monitor, and analyze network traffic, thereby detecting and identifying potential threats. With a focus on providing practical exercises, this book equips beginner to intermediate users with the necessary knowledge to detect and defend cyber threats. Step-by-step instructions enable readers to install, configure, and effectively use free tools, allowing hands-on experience in analyzing network traffic and identifying malicious activity. This book edition covers Security Onion, introducing significant changes to the platform. The updated content includes new intrusions, malware, PCAP examples, and an introduction to web-based PCAP analysis tools. A bonus chapter challenges readers to test their knowledge through self-assessment.
7 Efficient Body Sensor Networks for Patient Monitoring
Author: Jawaid Iqbal
Efficient Body Sensor Networks for Patient Monitoring is a book for professionals in the networking and healthcare industry, focusing on the challenges, Body Sensor Networks (BSNs) face in continuously monitoring patient vital signs. BSNs operate in constrained environments and encounter issues such as patient information privacy, secure data transmission over public networks, high overhead, and energy constraints. Being one of the prominent network monitoring books, it presents five efficient and secure attribute-based schemes designed explicitly for BSNs. These schemes address the mentioned challenges comprehensively, providing practical solutions to enhance network monitoring performance in patient monitoring scenarios. By proposing novel approaches, this book contributes to the advancement of efficient and secure patient monitoring within BSNs.
8 Mastering Python Networking
Author: Eric Chou
A comprehensive guide created for professionals in the networking industry seeking to leverage Python for network automation, monitoring, and management, Mastering Python Networking: Utilize Python packages and frameworks for network automation, monitoring, cloud, and management, focuses on the latest Python libraries and frameworks and equips readers with the necessary skills to tackle common & complex network challenges effectively. From interacting with network devices to implementing advanced features using Python 3, the book covers a wide range of topics, including Docker containers, network data analysis, cloud networking, and DevOps practices. With practical examples and insights into tools like GitLab & ELK, network engineers, developers, and SREs will gain valuable knowledge to enhance their network performance monitoring and visibility.
9 AWS Security Cookbook
Author: Heartin Kanikathottu
Focusing on securing Amazon Web Services (AWS) infrastructure, AWS Security Cookbook: Practical solutions for managing security policies, monitoring, auditing, and compliance with AWS is written. Being one of the network monitoring books that provide professionals with valuable insights related to network visibility and network performance management in the networking industry, this book offers practical solutions to address common security challenges, including permission policies, key management, network security, and cloud security best practices. Industry professionals can explore various AWS services and features that enhance security, including IAM, S3, CloudWatch, CloudTrail, Config, GuardDuty, and Macie. In addition, the book also covers compliance requirements and demonstrates how to maintain security and compliance using AWS security services.
10 The Best of TaoSecurity Blog, Volume 2
Author: Richard Bejtlich
The Best of TaoSecurity Blog, Volume 2: Network Security Monitoring, Technical Notes, Research, and China and the Advanced Persistent Threat, guides professionals in the networking industry, particularly those interested in network security monitoring. Written by Richard Bejtlich, a renowned cybersecurity expert, he curates the best entries from his 17 years of writing on the TaoSecurity Blog. The book explores various intervention detection and response aspects, leveraging threat intelligence sources, network data, application and infrastructure data, and endpoint data. Additionally, it provides insights into Chinese hacking activities over the past two decades, offering a unique perspective from a defender on the front lines. With new analysis accompanying each post, readers can gain valuable knowledge on the evolution of the security industry, defensive methodologies, and strategies for enhancing national security.
Conclusion
In conclusion, the recommended books discussed in this article provide valuable insights and guidance for networking experts in the B2B sector. These resources cover various aspects of monitoring network performance, enhancing network visibility, and addressing security concerns. By delving into these monitoring books, professionals can gain a deeper understanding of effective network performance monitoring techniques, ensuring optimal visibility across their infrastructure. With the ever-evolving networking landscape, staying up-to-date with the latest trends and best practices, it is crucial for maintaining a high-performing network. These books offer industry-relevant knowledge and empower networking experts to make informed decisions, ultimately leading to a robust and efficient network infrastructure.
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Data Center Networking
Article | July 5, 2023
Choosing the right 5G architecture is crucial for enhancing operations while keeping scalability and budget in mind. Learn whether SA or NSA is more suitable for your business needs with this article.
1. Introduction to 5G Network Architectures
2. What is 5G SA?
2.1 Characteristics of SA Architecture
2.2 Benefits of SA Architecture
3. What is 5G NSA?
3.1 Characteristics of NSA Architecture
3.2 Benefits of NSA Architecture
4. Factors to Consider When Choosing Between SA and NSA
4.1 Cost Implications of Each Architecture
4.2 Future Implications of Each Architecture
5. Conclusion
1. Introduction to 5G Network Architectures
Widespread implementation of 5G is transforming how businesses across verticals operate, providing enhanced speed, low latency, and massive connectivity. The advancements in 5G system architecture enable new use cases, from autonomous vehicles to smart cities.
There are currently two types of 5G network architecture, namely 5G standalone (5G SA) and 5G non-standalone (5G NSA). These two architectures differ in how they connect to the existing 4G infrastructure, the type of equipment required, and the level of network independence. Therefore, understanding the difference between SA and NSA is crucial for companies and organizations implementing 5G architecture.
2. What is 5G SA?
5G SA architecture is an entirely new technology that uses 5G core network architecture, independent of the current 4G LTE network. It has various use cases, such as combining 5G with AI and edge use cases.
2.1 Characteristics of SA Architecture
Independent Network: All components of the architecture, including the 5G core architecture, radio access network, and user equipment, are not reliant on any 4G technology.
High Performance: 5G SA architecture is optimized for high performance and low latency, enabling fast data transfer rates and near-instantaneous response times.
Distributed Architecture: This allows efficient resource allocation and dynamic management of network resources.
End-to-End Encryption: It provides end-to-end encryption, which ensures that data is secure and protected from unauthorized access.
Higher Cost: 5G SA architecture is more expensive to implement than NSA architecture due to the need for a fully independent 5G network infrastructure.
2.2 Benefits of SA Architecture
Low Latency: Applications of 5G that require real-time processing are only possible with SA architecture.
Customization: As SA does not depend on existing network architecture, it can be tailored to company requirements. It also enables network slicing for 5G enterprise private network use cases.
Security: End-to-end encryptions ensure a more secure network, and 5G network slicing keeps various access levels separate.
Scalability: 5G architecture is designed to be highly scalable and handle large volumes of data and devices.
Future-proofing: SA architecture will be able to support upcoming 5G features and capabilities by design.
3. What is 5G NSA?
5G NSA provides a transition into 'true' 5G architecture by incorporating 4G network infrastructure for deployment.
3.1 Characteristics of NSA Architecture
Non-Independent Network: 5G NSA architecture is designed to leverage the existing 4G infrastructure to deliver 5G services.
Transition to SA: NSA offers lower latencies and faster speeds than 4G LTE without deploying 5G architecture.
Integrated Deployment: 5G NSA can be deployed quickly since it integrates existing infrastructure.
Limited Scalability: As it relies on the existing 4G infrastructure, NSA is limited in scaling.
Low Scalability: There is a lower limit on how many devices can join the network and the data volume that can be processed on NSA.
3.2 Benefits of NSA Architecture
Faster Deployment: 5G NSA architecture can be deployed more rapidly than SA architecture.
Easier Integration: 4G integration with existing networks is easier since it uses architecture.
Cost-effective: 5G NSA architecture is generally less expensive to implement as it doesn't require a complete overhaul of the existing infrastructure to a 5G core architecture.
Improvement Over 4G: While not providing the speed and low latency of 'true' 5G, NSA offers significant improvements over 4G networks.
4. Factors to Consider When Choosing Between SA and NSA
4.1 Cost Implications of Each Architecture
SA architecture requires a complete overhaul of the existing infrastructure, which can result in higher infrastructure and deployment costs. However, SA architecture can be more cost-effective in the long run due to its future-proof design and ability to provide greater scalability and customization.
On the other hand, NSA architecture leverages the existing 4G infrastructure, resulting in lower infrastructure and deployment costs. However, upgrading and maintaining an existing 4G network to support 5G technology can be complex and may result in higher operational costs in the long run.
4.2 Future Implications of Each Architecture
SA architecture is designed to be future-proof and scalable, supporting upcoming 5G features and capabilities. This can give organizations greater flexibility and agility to respond to changing business needs and emerging technologies. On the other hand, NSA architecture may be less future-proof and require additional investments in infrastructure and resources to support new 5G features and capabilities.
5. Conclusion
While NSA architecture may offer lower upfront costs and a faster deployment timeline, SA architecture may be more future-proof and scalable in the long run. Choosing the appropriate 5G architecture is a critical determinant for organizations aiming to utilize 5G technology in building a connected industry of the future. Organizations must evaluate their requirements and consider each architecture's short and long-term costs and operational implications before making a decision.
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Article | May 5, 2021
The next-generation of wireless technologies - known as 5G - is here. Not only is it expected to offer network speeds that are up to 100 times faster than 4G LTE and reduce latency to nearly zero, it will allow networks to handle 100 times the number of connected devices, revolutionizing business and consumer connectivity and enabling the "Internet of Things." Leading policymakers - federal regulators and legislators - are making it a top priority to ensure that the wireless industry has the tools it needs to maintain U.S. leadership in commercial 5G deployments. This blog provides monthly updates on FCC actions and Congressional efforts to win the race to 5G.
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