Goldilock a cold and hot vault to protect your investments.

in #crypto6 years ago


Goldilock

It is a revolution in the way in which data is stored on the Internet, building a technological scenario to safeguard the cryptocurrencies of individuals and institutions. Goldilock's security takes advantage of the authentication of factors such as: biometric verification systems and the technique that protects documents and data to change the burden of keeping the individual and investor's wallets safe. As valuable physical assets stored in a bank, they are typically protected in a safe deposit box called vaults.

Goldilock changes the way people handle their confidential digital data

Goldilock is establishing new and different features, confidential digital data is handled by individuals and institutions. Your vaults are only accessible to those who have the key to decrypt it, allowing cryptography keys and digital assets to be active and immediately available online through authentication and verification of the user's identity, while physically disconnecting and they are invisible from the Internet when their owner does not use them.

The use of collective innovation fosters an exchange of ideas and promotes the continuity of innovation as a key solution for the custody of data, especially for the consumer of digital currencies. However, as seen in routine robberies that reach billions, these methods are not completely secure. With the integration of Goldilock's central custodial security solution, exchanges become a key custodial solution more viable by isolating users from these attacks.

Benefits of combining cold wallet storage and hot wallets

Goldilock allows exchanges of virtual currencies to depend on it, reducing transaction processing times and allowing better handling of traffic periods during market runs. Its objective is to become an essential option both for the exchanges that currently offer custody and for those who wish to improve their offer by extending to the custody of their clients.

  • Online Operators / Hot Wallet
    Goldilock will allow wallet operators and custody service providers to take advantage of our automated remote control system and one custody solution from one network to another. Operators can opt for an internal property license or a contract external to the service model. Goldilock will not have access to customer data, based on information that can only be interpreted if your password or password is available to route requests through individual Goldilock user devices.

  • Hardware Operators / Cold Wallet
    Cold wallet operators can take advantage of Goldilock to improve their existing technologies. A cold wallet solution can be integrated into the Goldilock system, allowing operators to offer more accessible access, even a secure and remote solution.

    Security benefit to keep data offline using "airgap" technology

    Goldilock is based on three main premises:
  • The wallet is stored offline through a physical isolation technology mechanism, and is not accessible from the Internet.

  • Using a device mechanism and the user activates his wallet making it accessible through the Internet.

  • The user can securely access their wallet through a connection to encrypt the information to protect it from third parties using a uniform locator of URL resources and access credentials.

  • NEO as your Goldilock platform of choice

    NEO is a non-profit blockchain project, which uses virtual and digital currency technology for the management of digital assets using smart contracts with a distributed network. By combining digital assets, digital identity and smart contracts, NEO plans to build a secure block chain that is recognized by companies and governments, which is the core of Goldilock's guiding premises. NEO is the first platform to offer a set of features focused on enabling an intelligent economy that complies with regulations. NEO is different from other blockchain intelligent contracts competitors, since it offers the following characteristics:

    Objectives for regulatory compliance:
    For large companies and governments to operate in the block chain, these institutions will require the ability to audit digital assets and transactions. Digital identities will need to be known and verifiable. NEO is committed to making use of the public key infrastructure standard of identity, which means that NEO will have the ability to issue and confirm digital identities. NEO is building this digital identification mechanism in its ecosystem.

    It uses a superior consensus mechanism:
    NEO uses an improvement in proof of work such as Bitcoin and network mechanisms, which ensures a cryptocurrency by requesting tests to validate transactions and achieve distributed consensus.

    Faster transaction processes:
    The use of NEO means that its architecture does not require thousands of extraneous machines to complete a costly algorithm in resources to verify transactions. NEO allows the blockchain to process more than 10,000 transactions per second without transaction costs.

    How banks and insurance companies can benefit from the integration of Goldilock technology with their existing systems

    Goldilock allows safe and physically disconnected storage of confidential information, such as identification documentation, passwords, bank account and credit card information, validated information or private contracts. Token blocking will allow account holders to securely approve the sharing of their data and can act as an approval and custody mechanism for transactions between various parties.

  • Credit reporting agencies
    The hacks in credit accounts and credit identities occur daily. Millions of users rushed to "freeze their credit" to prevent accounts from being opened in their name, and many now struggle to unfreeze it. The Goldilock technology application will eliminate the need to have personal credit information online, except at times when you, the owner of that credit information, give your instant approval to the credit bureaus to make it available for periods of time. specific.

  • Banks
    With negotiations with bank representatives, Goldilock will offer a "safer and more convenient" transfer process that they currently offer to their clients. Goldilock makes provisions to a solution that processes the entry of secure information for the management of bank accounts and transfers.

  • Health records
    The most ambitious application of Goldilock technology has been seen within reach in healthcare communities such as Stanford University Hospital, maintaining privacy while sharing data with authorized account holders, such as laboratories, doctors, pharmacists or other healthcare professionals. Health is proving to be one of the biggest obstacles to providing better care. Our goal is to improve the ability of patients, their families, health professionals and other authorized stakeholders to share data more safely while protecting individual rights in ways that were impossible before our technological innovations.

    How can security and access to improved cryptocurrencies affect mass adoption

    Goldilock is positioned to provide both direct consumer services and institutions that require enhanced security for digital assets under their administration. Goldilock provides an essential solution for:
  • Consumers and institutions seeking greater security solutions for their key private cryptocurrencies that are currently available from third-party hot wallets and cloud-based data storage providers

  • Consumers that require more security, flexibility and global availability of private key custody than offered by physical hardware crypto wallets

  • Institutions that seek important security updates for the most sensitive digital assets of their users by taking them completely offline when they are not in use, but they need to provide access to those assets to a news of the moment.

  • The system can be used to store keys for private cryptocurrencies, banking and credit information, personal identity, health data, digital media and signing or approval codes. Through the standard cryptocurrency wallet functionality, the funds can be associated with the consumer's public. Key address without requiring your Goldilock Wallet to be online.

    Custody of private key for individual consumers, through an encrypted storage device, which is stored in a vault inside a secure data center. The device is always disconnected and physically disconnected from the Internet until the client chooses to access it. Customers can instantly access their data using encrypted channels to complete transactions, after the client completes all desired transactions, the device that securely manages private keys is physically disconnected from the Internet. Goldilock does not have access to keys or data stored on the client's encrypted storage device.

    More information and resources
    • Sitio web de Goldilock
    • Goldilock WhitePaper
    • Tokenomics Goldilock
    • Goldilock Telegram
    • Discordia Goldilock
    • Goldilock Linkedin
    • Goldilock Facebook
    • Twitter de Goldilock
    • Goldilock Reddit
    • Goldilock Github

    This article is for the sponsored writing contest:Goldilock por @originalworks, If you wish to participate, click on this link:

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