Bitcoin blockchain was invented by the pseudonymous creator Satoshi Nakamoto to serve as a trustless, decentralized mediator for transactions among individuals and businesses through the elimination of third-party and the need to create trust with counterparties. This invention, now powering a multi-billion industry, is now the foundation for innovative development cutting across all spheres of engagement and transactions. By leveraging the Bitcoin blockchain potential, developers have been able to created and issue their own decentralized solutions.
Blockchain technology has made it frictionless to send, receive, store, and exchange financial values between entities.
However coming to the fact that there are over twenty three billion IOT (internet of things). This means that they can all have access to the internet. As many as they are, so as scenarios of malicious attacks and hacking of IOT (internet of things) to gain benefits by bad actors.
Cyber crime seems to lurk everywhere on the internet, and malicious individuals are behind it all. The multi-billion cryptocurrency market is no different. These are people who would go to great lengths in hacking and deploying malware, creating phishing websites, and impersonation in order to get access to private keys and crypto wallets. the previous hack on the multi-billion cryptocurrency. In 2018 approximately 1.1 billion dollars was stolen in cryptocurrency from the market which caused so many declines on altcoins including Bitcoin too.
The question is, how could it be possible to steal such huge amount of money?
It's quite simple when you look at it, these bad actors not only introduce themselves as investors whenever they have any attempt to defraud an ICO or company, they can also present themselves as potential developers. This would give them the opportunity to demand or solicit for funds from such ICOs, company and general public in order to begin development or be a part of the development. Once the funds is in their hands, they vanish into thin air.
Decentralized blockchain startups, blocksafe is set up to eradicate this problem.
BlockSafe The catalyst of Blockchain
BlockSafe is been developed by a team of industry leading professionals and security experts. It aims to literally secure the whole blockchain ecosystem including wallets, electronic configure keys, exchanges and private blockchains. Blocksafe will ensure the safety and privacy of users identity and wallets through a robust security system at user's fingertips. This user's friendly and intuitive platform makes securing any system just a few clicks away without inundating users with obscure functionalities.
Blocksafe will authenticate every transaction on blocks to prevent malware attacks, by blocking and disabling the vulnerable areas on the system that can easily be affected. Using a wide range of cutting edge security protocols including Anti-screen capture, Anti-clickjacking, clipboard copy protection, and keystrokes encryption, the system completely prevents any outsider from snooping or listening in.
BlockSafe is powered by its native token called BSAFE. This token is an ERC 20 security token, offering an incentive ten percent of its revenue generated from the sales of the company's technology software to token holders. BSAFE seems like it will soon be listed on a security exchange as the company has had an agreement with it.
For more insightful information, kindly click on one of the links below.
Website link
https://blocksafetech.io/
Telegram channel
https://t.me/officialblocksafetechnology2019
Ann thread link
https://bitcointalk.org/index.php?topic=5100884
BTT username: Zuxe
Bitcointalk profile link :
https://bitcointalk.org/index.php?action=profile;u=2551649
