Cybersecurity, for its part, is the set of technical, organizational and legal measures put in place to protect computer systems, networks, connected devices and personal data against malicious attacks, data leaks and acts of cybercrime. Cybersecurity aims to ensure the confidentiality, integrity and availability of digital data, as well as the protection of users’ privacy. It involves the implementation of security policies, risk management processes and IT security tools such as firewalls, antivirus software, intrusion detection systems, encryption systems, digital certificates and security protocols.
Among the emerging technologies used in cybersecurity, blockchain occupies an important place. Blockchain is a technology for storing and transmitting information, enabling the creation of replicated and distributed registers, with no central control body, secured by cryptography, and structured by blocks linked to each other at regular time intervals. The blockchain guarantees the authenticity and traceability of transactions, and eliminates the need for intermediaries and central control entities. As a result, it is a disruptive technology with the potential to revolutionize several sectors where security and transparency are key issues. The future of finance, healthcare data sharing, digital identity management, product traceability, intellectual property, voting management, the energy sector and the arts could all depend on it. Blockchains can be public or private. The best-known public blockchains are those used for crypto-currencies such as Bitcoin and Ethereum. Private blockchains are mainly used in professional and industrial contexts.
ICTs and cybersecurity technologies are interdependent and evolve in a complementary way. As there are many interconnections between these disciplines, it is natural to find them in the same innovation ecosystem.
San Francisco
In terms of cybersecurity applications, blockchain owes its notoriety in the San Francisco Bay Area to its many applications, mainly related to finance and cryptocurrency, driven by emerging companies such as Coinbase, Ripple and Block, Inc.
The region’s universities have been quick to take up the theme: University of California Berkeley (UC Berkeley) has opened the Center for Decentralized and Responsible Intelligencea multidisciplinary initiative that aims to strengthen education, research and entrepreneurship at the intersection of computer science, finance and law; the Blockchain at Berkeley student association aims to encourage innovative blockchain-related projects, through the Blockchain Xceleratorwhich supports entrepreneurs in identifying use cases, developing prototypes and raising funds. At Stanford University, the focus is on research and education in the multidisciplinary Center for Blockchain Research (CBR), to address the technical challenges of using blockchain.
In addition to universities, a number of other organizations are interested in accelerating and investing in blockchain startups, including Coinbase Ventures and Plug and Play Tech Center, as well as investors specializing in new financial technologies, or fintech, such as Silicon FinTech Bay, New Enterprise Associates (NEA), and Boost VC. Considerable funds have been raised by entrepreneurial success stories: Forte ($910M), which enables video game developers to integrate blockchain into their production, Alchemy ($563M), which offers a development platform to democratize the use of blockchain, and Helium ($364M), which aims to create a decentralized wireless network.
This craze is relayed by associations such as Fintech Silicon Valley and theSilicon Valley Blockchain Society (SVBS) which frequently organize events in Silicon Valley. Similarly, the annual The Blockchain Expo North America in Santa Clara brings together investors, entrepreneurs and developers to discuss the future of blockchain.
Washington DC
The region’s universities, including Georgetown University, George Washington University and University of Maryland, are also important players in the creation of a strong ICT and cybersecurity ecosystem, offering high-quality training programs and research opportunities for students and professionals in telecommunications and cybersecurity. For example, Georgetown University offers a Master’s in Cybersecurity Risk Management with direct links to industry and major cybersecurity organizations, while the University of Maryland offers a Master’s in Telecommunication in conjunction with Juniper Networking Laboratory. Initiatives such as Cyber Watch and The Cyber Security Forum Initiative raise students’ awareness of risk management and connect them to the national professional network on the subject.
The presence of major companies such as Amazon Web Services, Allied Telecom, Aquicore, Tenable, Octo and Cyren of the Business Software Alliance, and of organizations such as the Maryland-based National Institute of Standards and Technology (NIST), and the National Cyber Security Alliance (NCSA), reinforces the dynamics of innovation in ICT and cybersecurity in the Washington DC ecosystem. The concentration of structures supporting innovation in IT security accelerates the development of new ideas. Dcode, for example, at the interface between government, business and startups, has supported more than a hundred technology startups to connect them to the federal market; in Washington DC, SparkLabs has launched a program called Cyber+Blockchain dedicated to startups working on cybersecurity and blockchain; the Fed Tech focuses on bringing together startups, large companies and government agencies with the aim of accelerating the deployment of disruptive technologies in key areas, including ICT and cybersecurity.
The fundraisings confirm the importance of the sector in the DMV region, which boasts a host of success stories, including Rebellion Defense ($150M), which uses artificial intelligence for national defense and cybersecurity missions, Virtru ($140M), which specializes in data encryption and digital privacy, and DNSFilter ($46M), which uses artificial intelligence to block malicious websites.