There is a new foundation being created for the internet, and it already looks like it will upgrade the very way the internet records and shares data. Moreover, many analysts believe this technology will shake up several industries, paving the way for user-to-user interactions without the use of a middle man. It’s called blockchain technology, and it was originally created to service Bitcoin transactions. But, what exactly is Blockchain technology? Don and Alex Tapscott, authors of Blockchain Revolution, describe it as “an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
Adobe has recently announced the decision to gradually phaseout its Flash format and is working with partners to maintain the plugin and ensure a smooth transition until the Adobe Flash phaseout is complete in 2020.
Outdated and full of vulnerabilities, Adobe’s Flash is causing more harm than it is good. It’s a consistent threat to web users’ systems everywhere and its usage is decreasing as the use of HTML5, WebGL and Web Assembly grow. According to Google, 80% of desktop Chrome users were accessing a page running Flash three years ago and that figure has dropped to only 17% this year.
Flash is infamous for its numerous security vulnerabilities. According to CVE Details, the ultimate security vulnerability data source, there have been over 1,000 reports of Flash cybersecurity vulnerabilities, which have given cyber criminals the opportunity to worm into victims’ computers and take advantage of stolen personal information.