Odaily Planet Daily News Tim Kravchunovsky, founder and CEO of decentralized telecommunications network Chirp, believes that if multinational telecommunications company AT&T stores data on the blockchain, they may avoid data leaks. On July 12, the telecommunications company said in a filing with the U.S. SEC that it learned from an investigation that the company had suffered a breach that could compromise its customer data. According to the document, the attacker accessed and copied call records stored in a third-party cloud provider. The data includes call records, text messages, and phone numbers. Although the content of the communication was not leaked, the company believes that there is a way to find the name associated with the phone number, and hackers can use tools to determine the identity of the customer. Kravchunovsky said that this incident highlights the vulnerabilities faced by the network that people rely on most. The incident seems to be "becoming the norm, not the exception." This could put millions of customers at risk because hackers can identify their homes, workplaces, and contacts. This can allow fraudsters to target them more effectively. Because of this, he believes that current technical solutions do not work and new technical solutions are needed. Kravchunovsky pointed out that blockchain technology and artificial intelligence make it possible to have a more secure database. “Storing data on an immutable ledger and tracking threats in real time allows for rapid response before a breach occurs,” he added, explaining that decentralized solutions like DePIN can often protect large data streams from cyber threats. (Cointelegraph)