According to Odaily, blockchain researcher and former Naijacrypto CEO Chiagozie Iwu provided insights into how blockchain interruptions affect crypto companies and offered suggestions to mitigate related risks following the recent data interruption experienced by CrowdStrike. In an interview, Iwu noted that blockchain-native companies operating on decentralized networks are inherently more resilient to such interruptions. 'For blockchain-native companies, there is little to worry about as the node-based decentralized elements mitigate this risk,' he stated. However, he warned that centralized crypto platforms might be more susceptible to similar issues in the future. He recommended that institutions consider decentralized cloud-based architectures, such as the Internet Computer (DFINITY), to enhance their resilience.

Quantum Economics analyst Olumide Adesina added that this incident supports the viability of blockchain as an alternative to traditional IT systems. Addressing the potential regulatory challenges posed by the CrowdStrike incident, Iwu expressed skepticism about the likelihood of immediate large-scale regulatory reforms. He believes that recent cybersecurity events are unlikely to prompt significant regulatory changes, as they have not been severe enough to necessitate such responses. Existing regulations, data backup, and handling requirements already address cybersecurity issues, reducing the need for new regulatory changes.

However, a significant concern is the potential impact on the trading activities and revenue streams of crypto companies. Iwu highlighted these risks, noting that missed trades or improper financial conditions could lead to financial losses. To mitigate the risks associated with the CrowdStrike data interruption, Iwu suggested that crypto companies consider alternative endpoint security solutions to CrowdStrike and implement additional security layers.