Goldilock: the new and ultra secure storage service

In the actual technological world, all the people and companies who require store important data as private keys, personal information, cryptocurrencies and others, use a storage service or an e-wallet. The last one is a software or hardware which offers some space where information is totally secured by two or three complex barriers. Also wallets permit transactions between different directions helping globalization.


What is Goldilock?

Imagine this scenario: you have a storage service that, according what you researched, it adapt to your specifications. One case might be a wallet on internet (hot storage), which in the worst of the cases, could be hacked just because is always online. The other case is that you use a device (cold storage) which could be strayed carelessly or destroyed. Then, in both cases, digital assets could end up lost or compromised.

But don’t worry; Goldilock has an elegant solution by combining some of the better security measures of both kind of storage. They provide an offline wallet or “storage-space”, which is physically isolated until the owner activates it using a non-IP mechanism (Air Gap). After the recognition of devices through the biometrics gateways and the two factor authentication, using the personal codes generated as passwords, the user could be able to access to the wallet. But even this connection is secured because of the usage of an encrypted URL specifically developed for the entry within an owner-predetermine time. And if that was not enough, Goldilock also offers “fully-insured third-party guarantees for the extraction and delivery of data to owners on demand or in the case of business disruption”. Therefore, “Goldilock is revolutionizing the way data is stored on the Internet by building an ecosystem to secure cryptocurrencies and digital assets for individuals and institutions”.

Goldilock.png
Capture of the main webpage of Goldilock

NEO blockchain and tokens

NEO blockchain is a community which aims to become the most secure and solid platform built for promotes a regulatory smart economy. They even want to be recognized by governments! And maybe they’ll achieve it for their great characteristics:

  • Enable the regulation and verification of the identity of users,

  • Make a better Proof of Work (and Stake) because of the consensus protocol where the tokens holders vote some delegates who decide over transactions.

  • Allow to safe money derivate from the transaction costs in consequence of the previous consensus.

For these reasons, Goldilock trusted in this blockchain developing their digital token (LOCK) as an active in NEP-5. “When the user logs into the Goldilock Wallet, the Wallet will query the NEO public Blockchain to confirm the user’s public key address owns a LOCK token”. Therefore, it is necessary to possess this token for opening the wallet in the user’s browser and when necessary, pay for the subscription service. In addition, they could provide the user with a record of their node activity, due to all the data produced by the movements of LOCK. This, occur “while keeping user-owned data encrypted and locked away even from everyone including the Goldilock team”. Then your data is totally secure.

Goldilock 2.png
Explanation of LOCK token. Extract from the White Paper, page 10 (you can downloaded in their main webpage).


With this explanation, I hope you animate to use Goldilock!

All the quotes are extract of the White Paper, and anyone can downloaded on their webpage

This is an article to this contest of originalworks.

Twitter link:

goldilock2018
goldilocktwitter2018

H2
H3
H4
3 columns
2 columns
1 column
1 Comment
Ecency