Chirp founder Tim Kravchunovsky suggested that AT&T use blockchain technology to store data to prevent data leaks. This suggestion was made after AT&T disclosed in a filing to the U.S. SEC that customer data may have been compromised. Kravchunovsky pointed out that blockchain and artificial intelligence can provide a more secure database solution, helping to track threats in real-time and respond quickly to violations.

Odaily Planet Daily News Decentralized telecommunications network Chirp's founder and CEO Tim Kravchunovsky believes that if multinational telecommunications company AT&T stores data on the blockchain, they may avoid data leaks. On July 12, the telecom company stated in a filing to the U.S. SEC that it had learned from an investigation that it had suffered from potential violations that could jeopardize its customer data. According to the filing, attackers accessed and copied call records stored with a third-party cloud provider. These data include call records, text messages, and phone numbers. While the communication content was not leaked, the company believes that there are ways to find names associated with phone numbers, allowing hackers to determine customers' identities. Kravchunovsky stated that this incident highlights the vulnerabilities faced by the networks people rely on the most. This event seems to be "becoming the norm rather than the exception." This could put millions of customers at risk as hackers can identify their homes, workplaces, and contact information, making it easier for fraudsters to target them. Because of this, he believes that current technological solutions are not effective and new technological solutions are needed. Kravchunovsky pointed out that blockchain technology and artificial intelligence make it possible to have more secure databases. He added, "Storing data on an immutable ledger and tracking threats in real-time can respond quickly before violations occur." He also explained that decentralized solutions like DePIN can often protect large data flows from network threats. (Cointelegraph)

Chirp founder suggests AT&T use blockchain technology to prevent data leaks