Writing Contest: Goldilock.Revolution in Data Storage

in originalworks •  6 years ago  (edited)


Source of Image

Goldilock

The security of digital assets such as cryptocurrencies and confidential files is very important for individuals and companies, although measures have been taken to safeguard these assets every year millions of dollars are lost as a result of manipulations in existing systems.

The methods currently used as Wallet services for the safekeeping of cryptocurrencies do not offer security, passwords and private keys are usually protected with inefficient security measures, making them an easy target for hackers.

To solve these security problems and provide confidence to users Goldilock presents a system for the storage of digital assets that promises to revolutionize the market.

What is Goldilock?

Goldiloch is a private data storage system that uses biometrics, backward technology triggers and cryptography to offer a system that can not be manipulated by hackers. It is a type of cold storage that is disconnected from the Internet when the user is not using them and connects when the user needs to access their data.

Goldilock says that if your data is always accessible on the internet you are more likely to be a victim of hackers. Although the cryptocurrency industry uses blockchain technology that is designed to be more secure, the facts show that it can be hacked, as has happened with companies that have been hacked and their users have been affected.


Source of Image WhitePaper, Page 5

Goldilock a solution for the storage of digital assets

Current storage methods for cryptocurrencies and data files do not provide security, individuals and institutions choose between saving their files in personal hawdware or using wallet service in the cloud. However, the two options have weaknesses, because if they choose the option of using personal software (cold storage), the equipment can be damaged or lost and cloud wallet services are vulnerable to Hacker attacks.

Goldilock's technology can be used in a wide variety of fields, such as the cryptocurrency industry, banks, credit bureaus, healthcare companies, digital rights management groups and independent encryption holders.

Goldilock offers solutions to individuals who need to store important information such as cryptocurrencies and personal files, or institutions where security of digital assets is a priority.

Goldilock, security in personal data

The security of personal data is a priority, since the theft of your data is a problem that can affect your life, many people who have been subject to identity theft have had to pay large sums of money on credit cards.

The digital identity data that we store in the cloud, in emails or on a disk, can be manipulated by pirates in the network. Goldilock offers security in the storage of personal data, the system verifies the identity of the user to access their data and once the process is finished the system disconnects from the network, hackers are inaccessible

Credit Score

For credit rating companies the security of their data is a priority, since they need to generate trust in their clients, for this Goldilock is partnering with banks to offer a system integrating layers of security for accounts and electronic transfers, where the client and the institution they will only be connected in the network during the interaction between both.

Wallet

With Goldilock users can access their Wallet to make transactions securely, information about their files and passwords will be stored outside the network until the user requests authorization to enter their data. The Goldilock system will connect the user to the Internet through an encrypted channel and after passing through several security channels you will have access to your data.


Source of Image WhitePaper, Page 10

Goldilock Tokens

The LOCK utility tokens will be used to access all of the products that Goldilock offers, initially offering support in NEO, GAS and the NEP-5 tokens, but it intends to expand for other cryptocurrencies.

Provide users with a record of their activities, and keep personal data of users encrypted and blocked, including the Goldilock team.

For more information watch this short feature intro:

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