Okta's Web 3.0 security approach

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Okta may be adding some chains to its cybersecurity approach.

The company filed a patent application for a technique to deliver one-time passwords via blockchain for multi-factor authentication. To generate and distribute one-time passwords, this tech employs a "decentralized secure repository," or essentially a blockchain-based digital storage unit that's made up of different systems controlled by multiple organizations. In order for an attacker to breach this repository and tamper with the password system, they'd need to get through the systems of multiple organizations, Okta noted. 

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Source Fool.com