We all know passwords is no good, the more we try to strengthen it, the harder we make them to remember.
In this cryptocurrency world, Password and Private keys of wallets are protected by many inefficient security measures, security is the major reason aside storage of tokens or assets why the institutions have been creeping in the adoption of crypto investment.
Tony Hayek, who is an experienced company builder with the outstanding history of predicting changes in the cryptocurrency market and also an expert in finding proffered solutions which could be of central importance or function to major and minor companies.
Now, being one of the people who established one of the largest Apple dealership in Europe, he saw the problem of the society and went ahead into the Blockchain industry, working relentlessly on a project where new commitment are laid on educating financial institutions about the influence or effectiveness of gold and how it can be secured.
INTRODUCING GOLDILOCK
Goldilock is a platform that helps individuals or investors build a particular environment where Data either cryptocurrencies and digital assets are stored on the Internet.
Goldilock was founded in 2017 and as github partnering with it.
"Aim : To become an essential option both for exchanges who are currently offering custody and for those who wish to enhance their offering by extending into custody for their clients."
How Goldilock Is Tackling Problems To Make Assets More Secured.
To make the private key custody and personal data storage more secure, core premises are made to allow users access their wallet securely over encrypted connection using special URL.
Goldilock as provided a good means of delivering key custody and data storage solution through :
- Device Recognition.
- Biometric Gateways.
- Physical airgap disconnection.
- Two-factor Authentication
- Personal Generated code and so on.
Like we said, Goldilock is positioned in enhancing security of digital assets in providing services to both consumers and also institutions. It is also profering solutions in :
- Seeking a large security solution relating to private cryptocurrency keys for customers and institutions.
- Providing availability of private key custody of a crypto wallet for consumers.
- Providing security offline which could upgrade the digital assets of users when not in use.
Benefits Of Combining the Best of Cold and Hot storage.
.png)
Goldilock will combine the hot and cold storage in the sense that:
- On the hot wallet operators, services are provided to influence automated air-gap custody solution where operators or users will be giving the opportunity to either opt-in for an In-house proprietary license or outsourced service model.
- On the Cold wallet operator, services are provided to enhance the already existing technology which would offer a secure and remote solution.
Cryptocurrency Security And Mass Adoption
Just as or lives need security, so it is with our data or assets, we don't feel happy when an hack or misuse of exchange or funds occurs, that's why the government as adopted the sensitivity of data making strict regulations to give the best data protection security which makes Goldilock being necessary to protect Data at almost any price.
Why Did Goldilock Choose NEO as their Platform Of Choice?
Goldilock chose NEO platform because they provide a focus on governance, digital assets, digital ideas and smart contracts. NEO platform as some criterion which is helpful like:
- Fast Transaction : NEO as provided a mechanism which would enable blockchain process more than 10,000 transaction per second without a transaction fee.
- Utilizes a consensus mechanism through the improvement of Proof of Work and Proof of Stake.
- NEO is committed in making use of the public key information in the confirmation of digital identities.
Goldilock can be very effective in the storage of cryptocurrency keys, banking and credit information, personal identities health data, digital media and signatures.
Goldilock Token Allocation
Ticker Symbol : Lock
Token supply : 1 billion
Purchases currency options : NEO, Bitcoin, Ethereum and USD
Conclusion
Goldilock is essential to all Decentralised transactions where physical layers of Dat security will be applied in the storage of health Dat, personal credit and other assailable assets.
The Team
RoadMap
Partners
Helpful links :
- Goldilock Website
- Goldilock Whitepaper
- Goldilock Tokenomics
- Goldilock Telegram
- Goldilock Discord
- Goldilock Twitter
- Goldilock LinkedIn
- Goldilock Reddit
- Goldilock Github
- Goldilock Facebook
This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!
Congratulations @folly-pandy! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!