What is BlockSafe Technology?
Is a company that specializes in blockchain-based cybersecurity. They were founded in 2018, by a group with more than 17 years of experience as a team. Their overall goal is to bring safety and security to consumers.With any industry experiencing growth, there will always be people who appear to be rich behind others. The cryptocurrency industry has repeated themes over the past two years – Theft. In 2018 we have seen hundreds of millions of dollars stolen. This does not even include unreported losses. Although we seek interoperability, it undoubtedly causes major problems. Achieving this, and the convenience brought, we continue to introduce new gateways for unwanted system violations and entries. Cellular, cloud services and desktops, our information is fragmented in a dangerous way. Safe solutions are needed to keep up with this growing industry. Although this may be a difficult task, it is a necessity to be done.
How will they finish it?
BlockSafe Technologies plans to fix the theft problem in this industry. Although theft will always occur, they can minimize the amount of damage done.
To achieve their goals, the company has plans for 3 main products:
1. Crypto Defender
- Secure your digital wallet by providing the following capabilities
- Anti screen capture
- Keystroke encryption
- Anti-clickjacking
2. Exchange Defender
Contains CryptoDefender and ProtectID to provide exchange security.
3. Blockchain Defender
Protect private blockchains by acting as a gateway for data.
This is just a feature for each product offered by each product. As the company develops, this product will become more expansive, and continue to adapt to the industry.
This product combination offers a comprehensive security tool for everyday users. It’s much easier to be proactive, and prevent hackers from stealing funds / data, rather than being reactive. More often than not, reactive actions prove fruitless. By offering a platform like that exhibited by BlockSafe, users can be more calm, knowing that they are proactive in their approach to security.
What’s next?
To fund the development of their product range, BlockSafe will hold an upcoming STO . During this STO, they will sell their ERC-20 tokens known as ‘BSAFE’. These tokens will be sold as collateral, and offer investors the opportunity to buy shares in BlockSafe itself.The company aims to collect $ 27 million during their STO. Full details about how it will be replaced. This information must be published immediately, together with the company’s whitepaper.
BlockSafe is at the forefront of defending wallets and crypto exchanges.
More than one billion dollars in cryptocurrency was stolen in 2018, a fourfold increase from 2017, and $ 9 million was stolen every day from individual wallets. Crypto wallets and exchanges themselves are safe, but access to them via the internet is often a weak link, which is manipulated by attackers. In addition, the majority of all cellphones worldwide have some form of malware in which malicious players watch secretly when users record passwords and other important information. This is the area defended by BlockSafe.The Crypto exchange has a hot wallet and a cold wallet.
The wallet keeps the user’s secret key and the exchange secret key. Most keys are stored offline in the safe (cold wallet). Some of the keys are stored on hot wallets to facilitate transactions. These servers are vulnerable to data breaches as well as other hacker attacks. Exchange Defender consists of two products to protect the internal crypto exchange system.These are – CryptoDefender ™ and ProtectID® protect computers and mobile devices exchanging from key code attacks, screenshots, and click attacks.
ProtectID® secures access to the internal system through two out-of-band authentication factors. Blockchain Defender acts as a gateway between private applications and blockchain. It checks every message, checks whether permitted according to company rules & policies, scans data field content for malware and authenticates transactions through ProtectID® system. It can also forward blockchain messages to the company system or other blockchain through the appropriate gateway.
More Informations
Website: https://blocksafetech.io/Whitepage: https://blocksafetech.io/BlockSafeWhitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=5100884
Telegram: https://t.me/officialblocksafetechnology2019
Facebook: https://www.facebook.com/BlockSafeTech/
Twittter: https://twitter.com/blocksafetech
Author: thanhtrasjba
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2627413
