How can distributed ledger technology, such as blockchain, help secure energy grids powered by IoT systems against cyber threats?
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How can distributed ledger technology, such as blockchain, help secure energy grids powered by IoT systems against cyber threats?
Distributed ledger technology, like blockchain, can help secure energy grids powered by IoT systems against cyber threats by providing a decentralized, transparent, and tamper-proof way to record and verify transactions and data exchanged within the grid. By utilizing blockchain, energy grid stakeholders can ensure data integrity, traceability, and immutability, making it difficult for malicious actors to tamper with critical information. Additionally, smart contracts can be utilized to automate certain security measures and ensure trustless interactions between different devices and systems, enhancing the overall cybersecurity posture of the energy grid.