The Need for digital security
We all need security of our digital documents and assets be it digital currency, records, documents or assets.
They all need a secure storage.
Which one do you use?
If I were to ask which one method do you use then it is akin to asking you to pick one finger out of the two from the image below.
We all need security of our digital documents and assets be it digital currency, records, documents or assets.
They all need a secure storage.
Which one do you use?
If I were to ask which one method do you use then it is akin to asking you to pick one finger out of the two from the image below.
If you say 1) Then it is like picking number 1) Where people store their digital valuables (read, cryptocurrencies, documents of value, ids, receipts, records etc.) online and protected with a password.
If you pick finger 2)
Then it is like storing your digital assets in offline wallets like trezor etc.
Interestingly both these methods have their inherent flaws.
Method 1 where everything is connected in a centrally controlled server is always online to give you 24X7 access to your assets but at the same time it also hackers an equal opportunity to hack into these online servers and access your accounts and servers.
If you wonder as to why would a hacker be interested in hacking your drive to access your high school transcripts, or health stored in the storage drive of your email.
Then I have news for you. Apart from the fact that hackers hit the headlines when they hack into a certain yahoo, google, linkedin or a hospital records it also means access details, of accounts, emails, passwords, phone numbers, credit card information and personal content and details which can fetch them a lot of money, fame and gives them the power to hold a corporate entity to ransom or simply sell the information on the grey market.
The Second set of people who store their information on offline secure drives and wallets like trezor need to contend with
-Having to physically carry the drive .
Not everyone is tech savvy enough to handle the methods involved in storing and locking, unlocking the information,
-Hardware can break, fail or get stolen
-You never know when would you need this information so carrying the device 24X7 on you is certainly not always viable.
So there is certainly a need to store Digital information in a better and secure manner.
If this thought gets you all worried and concerned then let me show you the silver lining to this dark cloud.
I am talking about Goldilocks
Goldilocks is the way to secure you digital assets and information
If you wonder if both online as well as offline solutions have failed then how can Goldilock succeed?
Well the reason is that Goldilock uses a new technology by which the digital assets are always stored in an offline manner and the moment a user needs them they are brought online for a limited time for which the user wants to use them. there after the resources again go offline. This is possible by way of using a state of the innovative technology called "Airgap technology"
This is a patent pending technology and is all set to change the way digital information is stored.
Goldilock LOCK Token
The tokens used to validate and grant legitimate users with data access are called the Lock tokens.
Having a lock token is like having the access key that gives a user access to his secured data.
This is how the tokens work.
When a user access his wallet at https://www.goldilock.com
The wallet queries the NEO blockchain which is the basis of the Goldilock system.
If a users public address is confirmed to own a Lock token then the users is granted access to the desired information in his browser.
At the same time the wallet logs the audit information to its private log blockchain.
The idea behind maintaining a log is that every time the securely stored information is brought online the log is saved on a blockchain. A blockchain log cannot be changed and can be queried from the Goldilock wallet.
So basically as Goldilock keeps the data secure in a offline environment its Lock tokens give validated access to the user as well as give a record of their node activity.
Goldilock and the Neo Blockchain
The use of the NEO Blockchain has some inherent benefits which Goldilock is integrating in its project.
Since Neo is a Not for profit and community based blockchain project and it its blockchain and digital identity to
-Digitize Assets
-Automate the management of Digital assets using Smartcontracts.
- It realizes a "Smart Economy" with the help of a distributed network.
With this integrity built into the system Goldilock can be used by Individual as well as the Govt. Since identities can be verified with such a system therefore it becomes a viable tool that can be used by governments to verify identities.
Here are a few use cases where Goldilocks can be used
Cryptocurrency Exchanges
A lot of people leave their cryptocurrencies in their exchange wallets for safekeeping.
The use of Goldilock helps them and the Exchanges mitigate the risk of holding and keeps their cryptocurrencies secure at all times.
Goldilock for Individual Use
Individuals can secure their cryptocurrencies and digital assets without exposing the private keys. The Goldilock proprietery solution ensures security for an individuals digital valuables.
Credit Reporting Agencies
Credit Reporting Agencies have access to and hold critical valuable information related to the various users. Maintaining the security of records is very important to their business model and Goldilock can help achieve just that.
Banks
Banks can use the Goldilock system for more efficient wire transfers to be enabled from one part of the world to another.
Digital Rights Management
A lot of creative businesses rely on releasing their creative content online for earning revenue. However piracy is rampant and it eats into the profits.
The use of Goldilock would ensure that not only Piracy is curtailed but only the rightful paid customers get access to the digital media and content.
Health Care Records
Health records that are stored by hospitals and other health related agencies are always at a risk of being compromised and hacked. Goldilock solution can make them secure and ensure the integrity of the information making it available when it is needed.
GDRP Compliance
Governments around the world have to deal with its citizens data all the time and often it gets leaked and reaches the wrong hands. With the use of Goldilock in place Governments can protect the data from falling into the wrong hands.
More Information & Resources:
- Goldilock Website
- Goldilock WhitePaper
- Goldilock Tokenomics
- Goldilock Telegram
- Goldilock Discord
- Goldilock Linkedin
- Goldilock Facebook
- Goldilock Twitter
- Goldilock Reddit
- Goldilock Github
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