Digital certificates are one of the most commonly known auxiliary tools that help protect data across public networks. However, the key disadvantage of this technology is also commonly known: users are forced to implicitly trust certification authorities which issue digital certificates. Andrey Chmora, Technology and Innovations Director at ENCRY, suggested a new approach for building a Public Key Infrastructure (PKI) to eliminate the existing disadvantages using the distributed ledger (blockchain) technology.
Let's begin with the basics.