Do you remember watching those big robbery movies in which there is this one super smart guy in a team of 5 who hacks into everything thing and tricks cameras on the go? Well, hacking isin't that easy, but it's definitely that dangerous. People can hack into anything and everything and know about your personal life, your business strategies, your wealth, everything. They can also control your whole organisation if they have access to the central command. This has been an age old problem since computers and internets have been the store house of information. This problem has further increased even more as cloud computing has started becoming the new trend of market. More and more data is getting stored in cloud storage making it available for hackers to hack. And the cherry on the cake is centralisation of all data. There are a lot of vendors in the market who provide a solution to this problem but taking all the encryption, protection, firewall etc services from different vendors makes it very expensive and eventually makes it more costly that the data used. There is, on an average 20% growth every year in the loses caused due to online theft. Even the biggest of companies face hacking every now and then. Hence, there is a need for a fully protected, decentralised, audited and automated system which protects your data in maximum possible way and also costs your atleast less than the value of data used. And that's exactly what Cryptyk has to offer.

Solutions provided

Cryptyk is a cloud computing and storage platform which protects your data from theft and also helps you manage your files and data. It is a multi Blockchain based platform and is powered by crypto currency fuel which makes it easy for transacting and efficient. It is a platform which encrypts data, decentralises it, re encrypts it and then stores it into different servers dedicated only for data storage. It also manages your data storage, adults it, and provides almost seamless real time file transfer experience. As it is a all in one solution provider, it costs much lesser than any traditional multi vendor solution provider. All of this is backed by efficient and fast crypto currency transactions system with their own currency called cryptyk token. It is a utility token which can be used by institution, companies, solution providers, investors etc who wish to used the platform. The Cryptyk platform is divided into two platforms, namely VAULT and SENTRY. Vault is related to the cloud storage and security of data. And sentry is related to the auditing and verification of data.

The CRYPTYK Token

The Cryptk platform has its own utility token called the Cryptyk token. Also known as the CTK token. The CTK token is a utility token which would be used for transacting and purchasing the cloud storage, auditing and other facilities offered by Cryptyk. It would be held by institutions, organisations, individuals, other security vendors, investors, etc. The prices of the token are expected to rise in the long term as more and more people start adopting this platform for their security problems.

Conclusion

Data security as always been a very big concern in the market and Cryptyk is set to provide solutions for it. It has a very promising model and would prove to be very beneficial in the data storage, security and auditing sectors of an organisation. It will lower the spendings of the company considerably on data security and storage as well. One of the major plus points of Cryptyk is that it tackels the multi vendor problem and provides all in one solution. Hence, Cryptyk is set to change the data storage and security industry with its decentralise, multi encrypted solutions. Which will guarantee that your data is safe, sound and encrypted.

Website - https://www.cryptyk.io

Whitepaper - https://www.cryptyk.io/files/Cryptyk-Business-White-Paper.pdf

Published by jessicalaurenbt

Btalk profile - https://bitcointalk.org/index.php?action=profile;u=1936052