Goldilock - A revolutionary digital secure storage system!!!
Bringing new technology into lime light. Today, I have come up with Goldilock. As the name goes so is its character. A new virtual lock. In an era of advancing technologies, we all are in a race to acquire them and become up to date. Which cost the security and brings up many issues.
1.Hot storage- Cloud storage, exchanges, online wallets, online multisig structures
2.Cold storage- personal USB hard drives, Trezor, Ledger Wallet, Xapo or Blockvault
Unfortunately, these storage systems lag certain things like security issue of being hacked or stolen, devices to be broken or lost, cannot handle large and sensitive data securily. To overcome all such issues,
As GoldiLock is open for both individuals as well as institutions facing such issues,GoldiLock provides solution for both cases
Individual consumers
In order to provide solutions for individual consumers GoldiLock comes up with Private Key Custody, encrypted storage device. The device is always offline and physically disconnected from the Internet until the client chooses to access it. With solving security and storage issue. ‘users are granted access to their data and digital assets on a per need basis. After the user has finished performing their identity verification, for example, the data goes back offline, inaccessible for anyone to see or access.’
Large/ small scale Institutions
Bringing up certain solutions for institutions to catch up with advancing world and leave behind the plaguing issues.
- Cryptocurrency Exchanges
- Online/Hot Wallet Operators
- Hardware/Cold Wallet Operators
- Data Storage and Digital Asset Security
Lets get a little intro about it through following video
Using this technology GoldiLock is able to sort out the persisting issues. With amazing notable features.these solutions brings up high security layers and protocols which cannot be hacked and also is user friendly in use.Which gives an easy application based system.
The main purpose of the API services will be to enable institutions that already have wallet solutions to make use of our patent-pending solution for their solutions that require improved security.
(Image source: https://www.goldilock.com/#cases)
- Aims for Regulatory Compliance
- Utilizes a Superior Consensus Mechanism
- Processes Transactions Faster
Roadmap
(Image source: https://www.goldilock.com/#cases)
Use Case# 1
Ms. Rana loves to write and explore new places around the world. For her new book named exploring South Africa, she needs to travel every urban and rural area of that country. After an incident of theft, Being scared of carrying and loosing her important documents and currency. Her best friend Mr Sachdeva recommended her to use GoldiLock. And now she can travel freely without any hazel.
Use Case#2
A large scale insurance company named Bimadhan invested a lot to store safely their client’s records. But security issue still prevails which became serious day by day. After a lot of research the team came to a conclusion of using GoldiLock. Which not only stored the humongous amount of data with low cost but also guaranteed safety. Bimadhan is now prospering with profits.
If it seems difficult to read a lot, do not skip it, I have come up with a video which will let you discover about this amazing technology, do have a look
I can conclude GoldiLock to be a revolutionizing technology.
- As it will open doors for more people to invest and use cryptocurrencies due to now safer transaction and storage.
- Digital data storage will be safer will help many small to large scare industries to flourish. And will be less prone to
hacks and theft. - When best of two technologies will be combined an amazing result will be the outcome. As the combination of best
of hot and cold storage is GoldiLock as an outcome. - Integrating Goldilock technology to the existing systems of banks, MNC etc will be a benefit. As it will be cost
effective moreover safer choice to opt for.
Do have a look at the official video
The copied image do have their links underneath them, other images are created and edited with reference to the goldilock's website. Two of the videos are created and the last video is the official video of Goldilock.
To know more about Goldilock, visit below mentioned links
https://www.goldilock.com/
https://www.goldilock.com/static/goldilock-whitepaper-English.e9a112c8.pdf
This was submission to the informative contest held by @orignalworks
https://steemit.com/crypto/@originalworks/810-steem-sponsored-writing-contest-goldilock
Here is my twitter link :
https://twitter.com/amansachdeva27/status/1026916359848873984
goldilock2018
goldilocktwitter
This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
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thanks
Your welcome @praditya!
nice post. crypto walet is a great thing for saving crypto crunce
Thanks, yes I agree.