Goldilock : Extensive security in the handling of Cryptocurrencies and Digital Active

in #crypto6 years ago

My greetings to all friends.

When we enter our account on the computer, perform banking transactions, attach confidential documents, update important data, mobilizations in general, we always think of safeguarding these, many of those goods or documents are part of a lifetime of much job. There have always been electronic hakes, robberies to our accounts, unlocking the keys, a series of traps that at some point put the personal accounts of the users at risk, in some cases there is no use for all the series of questions on security, renewal of keys, used by institutions that work with the Internet, to put a stop to the thefts that are carried out via electronic means. This without any place keeps the users in a worrying and is a limiting factor when making important transactions. The greatest satisfaction of the clients would be to have a means of security, optimal confidentiality, effective and efficient that you trust at the time of making your movements in accounts, that at the moment you have to move from your home site to your account. availability with this service, without having the fear of the loss of digital assets, or cryptocurrencies.


El que persevera velce poco de texto (2).jpg

Goldilock, is the solution to this problem? Why?


Goldilock , uses a new type of storage system, which acts as a cold storage until such time as the user needs to access their funds. Another no less important point in today's world, where there are large movements with cryptocurrencies, as the owner of cryptocurrencies, your main priority is to protect your confidential data while still having immediate access. With Goldilock, you no longer need to keep a device that holds the key to your personal wealth. With Goldilock, private keys are never exposed, confidential operations are isolated within their hardware portfolio, physically disconnected from the Internet, blocked in a vault with redundancy of multiple locations and accessed remotely through biometric gateways taking advantage of Security codes delivered at various device access points. Transactions can not be altered, and are verified digitally in several locations simultaneously, taking advantage of your personal LOCK token. . Goldilock is revolutionizing the way data is stored on the Internet by building an ecosystem to secure cryptocurrencies and digital assets for individuals and institutions.

Goldilock In what form does he carry it out?


will use the NEO platform. NEO and Goldilock share some core values that make it the perfect technology to build Goldilock.
Goldilock is based on the idea that, if it is connected to the Internet, it can be hacked. In recent years many hacks have been seen in the cryptocurrency industry, which shows that this statement is true.
This is the reason why Goldilock uses a "physical air disconnection" method. This means, as the name suggests, that devices that store sensitive data are physically disconnected from the Internet.


imagen 3.png

imagen de Google

CURRENT STORAGE SOLUTIONS.


It's from Relevance, know what's current in terms of security and electronic process and what Goldilock technology offers.
Current methods
● Hot storage: cloud storage, exchanges, online portfolios, multigrade structures online.
● Cold storage: personal USB hard drives, Trezor, Ledger Wallet, Xapo or Blockvault (these last two are vaulted electronic storage for institutions, which takes days to bring online)

Hot storage

Most people in the cryptographic space are familiar with the shortcomings associated with centralized asset storage methods.
The customer of an exchange or an online wallet generally has no idea or power over how their cryptocurrency is stored. The website could have security flaws, exposing all user funds to hacks. There are several examples in recent history, most notably the famous Mt.Gox case, followed by more recent examples like Coincheck that lost more than $ 500 million in NEM and last month Bithumb and Coinrail. In 2018 alone, more than $ 750 million in encrypted assets have been stolen.

Personal cold storage

Personal cold storage offers extensive security benefits instead of keeping your cryptocurrency or other sensitive data online. That said, there are major problems when it comes to losing / breaking the physical devices that keep your information private.
The problems with cold personal storage include:
● The user must be knowledgeable about the technology, not conducive to mass adoption.
● Devices can be broken / lost, causing harmful losses.
● Data is inaccessible without the presence of a physical device.
● All major electronic hardware wallets have been hacked, including Ledger and John McAfee's Bitfi wallet, launched last week.
● These solutions can not be used by institutional clients for custody, leaving hundreds of billions of dollars in the dock until the safe custody is truly resolved.
● These methods apply only to cryptography and can not be used for more extensive use cases involving banks, credit agencies, digital rights holders, health service providers or any of the other major data custodians who handle our confidential data.

THE BENEFITS GOLDILOCK GIVES.

Goldilock, can be used by individuals to store sensitive information, such as cryptocurrencies or personal files, or by larger institutions where security is a priority for their encrypted data or their clients.

Identity


Digital personal identity data requires a high level of security. There are many services that require personal data to register, this can range from KYC to enrolling in an insurance policy. Traditionally, people physically handle documents or scan and e-mail the required information. This leaves huge security gaps, since your personal documents are stored online in your email account or on a disk, and are prone to hackers and malicious use.
Even with the introduction of blockchain identity services like CIVIC, losing your password means that someone can steal your identity, and there is no safe backup option for those keys. In this case, a provider like CIVIC can benefit from the use of Goldilock security services.
With Goldilock, users have access to their data and digital assets by necessity. Once the user has finished performing their identity verification, for example, the data is again out of line, inaccessible for anyone to see or access.

Credit Score.


It is a great risk when you perform large-scale movements, such as very large accounts, or very confidential data updates.
In credit rating have also been the subject of hacker attacks. Recently, a well-known credit scoring company, Equifax, was attacked and the personal information of hundreds of millions of consumers was stolen. Consumers were entrusted with the task of freezing their credit through a complex and time-consuming process, forcing them to go over the limit so that their credit would return to its active state, which means that they are again vulnerable.
The banks are partnering with Goldilock, integrating their security layer for larger accounts and making electronic transfers, both of which are only connected for the duration of the expected interaction of the data with individual user accounts.

CASES OF USE OF GOLDILOCK


Goldilock , is positioned to provide both direct consumer services and institutions that require
improved security for digital assets under your administration.
Goldilock provides an essential solution for:

  • Consumers and institutions seeking greater security solutions for their private cryptocurrencies
    Keys that are currently available from third-party hot wallets and cloud-based data storage providers
  • Consumers that require more security, flexibility and global availability of private key custody than
    Offered by crypto physical hardware wallets
  • Institutions that seek important security updates for the most sensitive digital assets of their users through
    taking them completely offline when they are not in use, but they need to provide access to those assets to a
    news of the moment.
    The system can be used to store private cryptocurrency keys, banking and credit information, personnel
    identity, health data, digital media and signing or approval codes.
    Through the standard cryptocurrency wallet functionality, the funds can be associated with the consumer's public.
    Key address without requiring your Goldilock Wallet to be online. The individual Goldilock wallet needs only
    be online to make withdrawals or outgoing transfers

Wallet


Goldilock can be used to store cryptocurrencies in a way that offers the security of cold storage, while maintaining the convenience of an online wallet.
Users can save their cryptocurrencies with Goldilock, and the information will be stored offline until the moment when the user requests that their individual encrypted node be connected to the Internet using an analog command from the Internet, with which they can access their data to through an encrypted channel through the internet after passing through security gateways at the banking level.
It is important to note that, using the Goldilock model, the private key never leaves the individual node, which means that it can not be stolen or damaged while it is connected.

Token de LOCK de Goldilock


LOCK is the utility token that is used to provide a gateway for Goldilock services.

Goldilock, Allows secure and physically disconnected storage of confidential information, such as identification documentation, passwords, bank account and credit card information, validated KYC information or private contracts. The LOCK token will allow account holders to securely approve the sharing of their data and can act as an approval and custody mechanism for transactions between various parties.

imagen 4.jpg

imagen de Google

conclusion

It is very satisfying that today there is a maximum security system in the handling of Digital Assets, cryptocurrencies and other confidential information. The user what he wants is that, Seriousness, responsibility and above all Security of their assets.
Goldilock offers, which is what is most needed, in these times where all transactions are made through the Internet, this is our biggest, best and safest optio.

Esta escritura fue realizada por @sifontes para el concurso de @originalworks patrocinado por Goldilock

goldilock2018

Sort:  

This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.033
BTC 63868.85
ETH 3063.91
USDT 1.00
SBD 4.10