Digital wallets are being hacked by malware using keyloggers to get a hold of secret keys and clipboard capture to reverse destination addresses. There are an estimated 350 million dollars losses for unreported user wallets. The sad reality is once your digital wallet has been hacked, you cannot go complaining or sue anyone. In the Mt.Gox hack, almost 650,000 bitcoins were stolen.BitGrail was hacked for 170 million dollars and Coincheck for 530 million dollars.
The Digital marketplace NiceHash was hacked for 64 million dollars and South Korea exchange Youbit was even shut down after being a victim of hacking. Blockchain products are also in jeopardy. The DAO and an Ethereum project were hacked with the hackers managing to steal nearly 150 million dollars. These amounts are alarming and a solution is required promptly! These hackers are winning, until now.
Why Blocksafe technologies?
🔗 Blocksafe tackles a big problem. As we all know, cryptocurrencies and the blockchain are under attack by cybercriminals. In the first six months of the year 2018 1.1 billion dollars had already been stolen by malevolent hackers. Blocksafe technologies, however, offers a comprehensive solution to this issue by utilizing proven patented technologies.
🔗 The company utilizes patented technologies. It has developed third products for immediate sale which are:
• CryptoDefender
• ExchangeDefender
• BlockchainDefender(In development)
These products are covered by ten patents six of which are granted and four pending.
🔗 Blocksafe Technologies’ products address a large market of crypto users,24 million currently, potentially growing to 200 million by the year 2025. It also targets enterprises deploying private blockchains. The blockchain market is anticipated to grow to 355 billion dollars by 2022.
🔗 The entire Blocksafe team is constituted of experienced veterans who have founded companies in the technology industry. This assures top-notch services which is exactly what the consumers deserve.
🔗 Blocksafe’s products are licensed from StrikeForce Technologies which holds a seventeen years history in the cybersecurity industry.
🔗 The Blocksafe advisory board is comprised of reputable prominent industry experts such as the former CIO of Homeland Security and also the founder of Security University.
🔗 The token used by Blocksafe, BSAFE, is an ERC 20 security token that complies with SEC regulations.
🔗 The BSAFE utility token offers passive income in the form of 10% of the revenue from the products. A chance to earn an extra coin is always good news to any crypto enthusiast out there. Warren Buffet once said that if you don’t find a way to make money while you sleep, you will work until you die.
🔗 The company has listed the BSAFE token on the SEC-compliant exchange.
The BSAFE token holder is able to get a passive income based on all sales. The typical ICO and Equity token, however, does not offer any passive incomes, putting the BSAFE token holders at an added advantage. Every single time a person purchases Blocksafe Technologies Software, the BSAFE token holder receives a 10% of the revenue participation.
CONCLUSION.
Blocksafe secures the blockchain ecosystem of exchanges, wallets and permissioned blockchains at their most vulnerable points, user interaction and authentication, with legit cybersecurity solutions. The company’s main objective is to be able to establish stability in the crypto markets and enable real-world blockchain applications by guaranteeing absolute security.
🔗 Website: https://blocksafetech.io/
🔗 White Paper: https://blocksafetech.io/BlockSafeWhitepaper.pdf
🔗 Twitter: https://twitter.com/blocksafetech
🔗 Facebook: https://www.facebook.com/BlockSafeTech/
🔗 Telegram: https://t.me/officialblocksafetechnology2019
🔗 ANN Thread: https://bitcointalk.org/index.php?topic=5100884
🔗 Medium: https://medium.com/the-blocksafe-tech-blog
🔗 Reddit: https://www.reddit.com/r/blocksafetechnology
🔗 YouTube: https://www.youtube.com/channel/UCBgaXXq-nF4V1r3a3QPXETQ
🔗 LinkedIn: https://www.linkedin.com/company/blocksafe-technologies-inc/
🔗 Instagram: https://www.instagram.com/officialblocksafetechnology
★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to BLOCKSAFE OFFICIAL WEBSITE
