Goldilock, the perfect combination in cryptosecurity.

Every day, the computer and technological universe grows a little more and so do the advantages and disadvantages inherent to this growth.

One of the biggest disadvantages lies in the safety and security systems that exist so far, since the possible failures that it suffers affect all those who use this technology in some way, among these possible failures can be mentioned:

• Human errors of users or personnel offering a service related to some type of data in the network, as well as the case of carelessness in the way in which the user stores the entry data in the sites where his cryptocurrencies are stored, exposing all your information and leaving it at the mercy of third parties that could be malicious.
• Attacks of malicious programs whose objective is to damage in some way, either the users or the companies that provide a service related to the storage of data on the web.
• Virus.
• Any electronic failure that prevents the interface from correctly developing the programmed security measures, it could be a failure in the normal physical conditions where the information is stored.

All these are possibilities that can be presented at any time. That is why even though there’s a great variety of proposals and there’s a lot to be explored in this field, a group of experts concerned about this issue created GOLDILOCK, a perfectly viable alternative with the existing tools nowadays.

Goldilock is the perfect way to guard cryptocurrencies and digital assets.

 

 

Until now, the arduous task of protecting the data related to access to the virtual economic world is the intrinsic responsibility of the investor; however, regardless of the different measures that have been taken until now, they become inadequate, especially when people comparing them with the advantages offered by Goldilock and its innovative proposal in terms of security.

This is where the advantages of combining the best of cold storage with the best of hot storage come into consideration, it’s important to mention that cold storage is the one that’s performed either on a piece of paper that is subsequently protected or in physical devices that remain offline, the disadvantage of these is that they can be lost or suffer some damage which would lose access to cryptocurrencies or any other information stored there.

While hot storage is the one carried out through online wallets or any method connected to the Internet, this being the case, the greatest weakness is that precisely because it is permanently connected to the network, it is permanently at risk of that third malicious people can access it.

Goldilock, offers the combination of the advantages of both methods, allowing the online access of the stored data but without the risk of the hot storage, since, once used the necessary data, these would be disconnected from the network again, completely eliminating the risk of hacking them.

 

For more information I share an explanatory video of the benefits of Goldilock:

 

https://www.youtube.com/watch?time_continue=153&v=VPKyoe2dt8U

 

This is how Goldilock efficiently combines both methods and offers a perfectly viable solution with the technological tools available at the moment, the process would be carried out according to the following image:

 

 

Even when the technology is processing the patent, with this innovative perspective it solves the problem of a large part of the people who have sensitive information that must be stored and that at the same time must be accessible perennially in some simple and easy way to reach, since the technology "air gap" adds a "space", to put it in a certain way, between the network and the data stored in goldilock, thanks to this security is kept intact since it becomes impossible to access the data stored by other means that do not be the guaranteed and safe access by the user,

 

CASES OF USE OF GOLDILOCK

 

Practical applications may vary from the primary purpose to be dealt with in this document, which is to safeguard the information of the cryptocurrencies. It would also be very useful in the medical field in order to safeguard the confidential information of each medical history, allowing its immediate accessibility when it is necessary. necessary.

 

Similarly it can be applied in the field of education, since multiple educational institutions keep a record of both grades and other profiles of students, such as their psychological profile, the resume, all these are data that can be safeguarded in this way so that they do not run the risk of being erased, lost or damaged in any way when using the most common traditional forms of storage currently. This application would be ideal in my country, Venezuela, since I have had information about school robberies, where much of the information regarding students' history has been lost due to the fact that the thieves mainly searched the computers of the institution, even though It was confidential information that was the amount of information lost, it is inferred that the loss was great.

 

ESTABLISHMENT OF THE SECURITY STANDARD

 

Starting from the increasingly important importance of the issue of security in the network, Goldilock offers security at its highest level, with the aim of becoming a reference to the needs of protection of information that arise around the world. In this order of ideas Godilock offers his purse for cryptocurrencies, whose main characteristics are the following:

 

 

Also, among the plans is to develop Goldilock API services, which will offer multiple advantages for those who already have a wallet but wish to enjoy the benefits of this project.

TOKEN

As in any project, the existence of the token is fundamental for the interaction of the users, the execution and development of the various actions to be carried out, in this case the token is called LOCK, which is necessary to access the services offered by GOLDILOCK, for which the wallet would make a query in the chain of NEO blocks in order to confirm that the user actually has some LOCK token, if so, the wallet will open in the user's browser, for an easier understanding of my words is the following explanatory image:

 

 

Now, the question arises as to why NEO's intelligent economy was the chosen one, to answer this question people will have to go to the inherent characteristics of this blockchain project, thanks to that it perfectly combines the digitization of information with automation, also it uses a higher dBFT consensus mechanism, and bases it on complying with the regulations, so that they are the most likely to be recognized not only by the people and companies that dominate the market, but also by international governments. These, among others, are the reasons why NEO was chosen as a pioneer

Next I would like to share the roadmap of the project , which is fully met until the moment:

 

 

TEAM

 

Finally, I would share the image of the people who made it possible, solve the problem of online data security.

A group of brilliant and innovative experts who dedicated their time and effort in materializing this project:

 

Photos were taken from the whitepaper and made this collage.

 

 

Summary

 

Every time a person makes the decision to be part of this movement and creates their first blog, download their purse and start this immersion in the network also offers the opportunity to lose either the values ​​that may have accumulated and may even suffer some type of personality implantation with which the third party would have access to all the personal information of the affected party.

 

Starting from the premise that everything connected to the network can be hacked and in order to effectively solve the security problem, an excellent team of experts created Goldilock, with the intention of offering security in all the stored data, For this, it applies several innovative tools, combining the advantages of cold and hot storage.

 

Finally, this option to keep information secure will definitely change the way people have handled their data up to the moment, write the password on paper or in a file and save it to an external hard drive in the grandma's closet. from the past, no more written papers, no more notebooks, no more pendrive in the portfolio with the most important information, only store in goldilock everything important for each person with the certainty that the data will be more secure than ever.

 

If you need to more information about this project please review the following links:

 

To general information you can check their Website

To know the project specifications, you can go to their Whitepaper

Join their telegram group here and Linkedin

Also, you can join their Twitter, Reddit or Discord

And review others link like Tokenomics and Github

 

 

This is my entry for @originalworks contest, you can join it here

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http://nowonline.vornix.blog/2018/08/08/goldilock-the-perfect-combination-in-cryptosecurity/