Goldilock & Blockchain

The blockchain is a safe and reliable ecosystem, but the responsibility to protect our security keys, cryptocurrencies and sensitive information lies with users and companies. The way these codes are protected and the information is inefficient and obsolete.

Goldilock was born to solve the way in which assets and information are protected on the internet. It is a new way to store data on the internet with the construction of an ecosystem that protects the cryptocurrencies and assets of companies and individuals.

Goldilock is a new type of cold storage where companies and individuals access their cryptocurrencies or assets only when they need them. When a user needs to access their private data, the physical device that stores the information will be connected to the Internet and the user will be granted access for a limited time through non-IP technology, with layers of secure authentication.

Source of Image WhitePaper, Page 5

Goldiclok uses the "physical air gap disconnection" method. This means that the devices that store data are physically disconnected from the Internet, which provides greater security by not being able to be a victim of cyber attacks.

Storage Solutions

Centralized:

Exchange houses or online wallets, do not provide enough security to their users as they could have security flaws and be attacked by hackers to steal their assets.

Centralized storage methods remove control of the private keys of the wallet custodian or exchange private keys.

Personal Cold Storage

This option is preferred by most companies and individuals because it gives you the false security of storing your data outside the Internet and hacker attacks. It is considered by many to be the best because it allows you to store your data on any device or paper, but the drawback of this method is that the devices used to store the data can be damaged, lost, damaged or broken, losing all the information and data . In addition, to implement this method the user must have technological knowledge and without a physical device the data is inaccessible.

Goldilock application

The applications where Goldilock can be used are endless, both by companies and by individuals who want to store sensitive information, store cryptocurrencies and financial or health information where safety is a priority.

The source of the image was taken from the Goldilock website and modified in PowerPoint

With Goldilock it will be possible the massive adoption between companies and individuals to give them the security of a cold storage combined with the hot storage. With the convenience of having the data stored offline and the combination of having accessibility online when you need it.

LOCK Token

Godilock will use a utility token "LOCK", which will be registered as an asset of NEP-5 in the blockchain NEO.

Source of Image WhitePaper, Page 10

The LOCK token allows Goldilock to provide users with a record of their activity on the nodes, in addition to keeping the data and user information encrypted and out of reach even of Goldilock. In addition, LOCK will be the accepted method for payment of subscriptions of each user in Goldilock Security Suite