How does PAM manage privileged access in blockchain applications, ensuring secure interactions with decentralized systems?
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PAM (Privileged Access Management) in blockchain applications helps ensure secure interactions with decentralized systems by implementing controls such as access restrictions, authentication mechanisms, and monitoring tools to regulate and audit privileged users’ activities. Through PAM, organizations can assign privileges based on roles, implement multi-factor authentication for sensitive actions, and maintain an audit trail of access and activities to detect and prevent unauthorized actions within the blockchain network.