CRYPTY: A HYBRID BLOACK CHAIN TECHNOLOGY- SAFE TO HACK

A HYBRID BLOACK CHAIN TECHNOLOGY- SAFE TO HACK

With the world becoming ‘digitized’ at an ever increasing rate, reliance on cloud computing and storage has sky –rocketed. It’s become increasingly common for enterprises to store their confidential data online through cloud storage service providers. Cloud storage and cloud-based applications help businesses to reduce operational costs as well as eliminate upfront costs for hardware purchases. There’s is a lot to love about cloud but unfortunately these advantages don’t come without costs. In the case of cloud storage, the cost for consumers is paying high premiums for enterprise-class security, which remains an imperfect solution that leave them vulnerable to various type of security breaches. More than 4,500 crypto currencies have been created since bit coin launched less than a decade ago. With hype taking off and monry flooding the crypto market, entrepreneurs and opportunist everywhere have been creating block chain solutions for nonexistent or inconsequential problems.

That bring us to Cryptyk which is a hybrid block chain solution for enterprise security and cloud storage. Let’s talk about the problem Cryptyk is trying to solve: a trillion dollar problem for every dollar that spent on cloud storage enterprises are spending four dollars on security that storage but even with that twenty five dollars it’s been stolen by the hackers so it’s not only very costly for but also very ineffective. That’s all happen because storage on the cloud is very centralized which give us a single point of vulnerability and there are many sources of attacks which include external hacks, internal tax viral, operational threats and surveillance threats which usually cost an enterprise fifty to sixty dollars per user per month to protect against all those threats .As there are lot of holes so to better deal with block chain technology let’s try to understand what is it and how this platform can be useful for us .As we know that our data is extremely unsafe against of hacker attack so this platform was made to protect our tokens, information and to protect everything what we really need and there is no chance to hack our data or to steal it or to alter it so our data is absolutely protected and transparent for us .The fact is that they have two solutions like cryptic “vault” and cryptic “sentry” and these two solutions are bit different.

Vault is a decentralized cloud storage platform that spread the file shards across five major cloud storage providers that’s Google IBM Bo X Amazon Dropbox and it is too far for the hacker to break into this vault. They would have to simultaneously break in the three of five providers discover the uniquely coded hash that links all the shards together and decrypt to six level of the sha 256 bit millard military-grade encryption and break into the user’s device. That’s how the encrypted the vault is and then each file is separately ring-fence from the other files so we can’t have a large-scale hack happen on cryptic. Hackers can’t l hack one file in it. It will be pretty much impossible because the hacker has to steal the device or simulate the device. They have no access and visibility into the files that are stored into the vault and if thority requested to view the vault and what people are storing on their cryptic actually doesn’t have access to view any of the information there because it’s obviously Block chain.It is decentralized. On the other hand “Sentry ” is going to be an immutable block chain that audits and monitors and track all of the events within the platform and also is the backbone for cryptic cyber security in the ecosystem. It is an open source development.

How Cryptic Token is use in the network?

Cryptic token can be use within the whole ecosystem. The Cryptypk token is a true utility token that offer scalable benefits to all participants. The total of 750 million token are created and this number will remain fixed. Among these 33% will be placed up for sale.

Token value will be directly driven by your adoption and product use Utility tokens offer you a great potential for long term growth and less market volatility as compare to the most common security tokens. The pre-sale round is priced at 20% discount price of 10 cents per CTK token. The public sale will be price at 12.5 cents a token.

Click Below Links For More Details:

Website: https://www.cryptyk.io/

Facebook: https://www.facebook.com/cryptyk/

Twitter: https://twitter.com/TeamCryptyk

Telegram: https://t.me/cryptyk

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Author: https://bitcointalk.org/index.php?action=profile;u=1158119