Cryptyk - Hybrid Blockchain for Enterprise Security

About the problem

Every year, every day and the second the Internet develops and gives us new opportunities. Today I would like to pay attention to one of the directions like the cloud data store. Yes, it is very comfortable to use and it is popular with users but it also has a number of drawbacks such as virus and local threats, external threats or threats to intercept data. The safety bar needs to be raised to a higher level.

Cryptyk Project Overview

Cryptyk provides users with its own development, which is a hybrid decentralized platform based on the technology of blockchain in which the security of cloud storage goes to a higher stage in terms of protecting against the numerous threats of hackers despite the fact that constantly improving the level of security thanks to new technologies hackers still find ways to get them the right information about the user. One of the loopholes of hackers is the human factor. The Cryptyk platform is ready to solve these problems. This platform provides not only secure storage of personal data about the user, but also controls the data. You can say this is a panacea for users from different types and types of attacks. And the algorithms of this platform have not yet been hacked. Cryptyk will be particularly relevant for corporate clients and large companies that invest big sums and forces to fight against cyber security.

Components of the Cryptyk platform

The Cryptyk platform has 5 components that connect each other. Let’s get acquainted with each of them:

VAULT is a decentralized platform that includes several of cloud storage vendors such as: Amazon S3, Google drive, etc. This platform is designed for storing and manipulating with information (editing, correspondence, e-mail) in an encrypted decentralized form.
PASSPORT is a decentralized database that stores the entire history in the user network and transaction transactions. PASSPORT will be relevant for corporate clients. Every company, employees and user’s files will get their own identifier, which will be stored in this unit. Every time a platform user plans to start a session, all information about the various manipulations with the files will be saved in the locker. This allows you to verify the authenticity of the work and various kinds of user’s operations with data.
CODE BOOK is a database map for storing files containing system information of server operation, transaction information and file encryption keys. To implement the codebook the team specialists have an idea to apply one of the decentralized systems – Cockroach DB or Hashgraph.
SENTRY is the server platform and the “heart” of the security of the platform into which all the remaining Cryptyk components are inserted. With SENTRY you can control, manage, and monitor all actions of users of this system. But also within SENTRY itself there are three components: Exchange Panel (designed for exchange and management of both tokens and cash); Private Exchange; Incentives Engine (dividing income between Cryptyk and Miners);
COMMAND is a cloud or local menu intended for user’s convenience. The menu will be presented with different functions for different types of accounts.

Token

The project has its own crypto currency – CTK. The cost of one token is $ 0.125. Based on the ERC-20 standard. Hard Cup of this project is 25 million USD, Soft Cup – 3 million USD. Crypto currency is accepted by BTC, ETH, LTC, DASH, ZEC.

Stages of sales:

Bonus program

ICO:
– Extra discount in the form of 10% when tokens are purchased in the first 8 days;
– Extra discount in the form of 5% when tokens are purchased on days 9 to 15.

Token distribution:

-33% for STK investors.
-33% to stockholders of Cryptyk Inc.
-33% Pool of CKP Cryptyk Foundation.

How the attracted funds will be distributed:

– 30% for development partners;
– 30% to partners who work with clients;
– 25% for new projects;
– 7% of the Fund’s events;
– 4% the price of a token;
– 4% awards to partners and project advisors.

Team

First-class specialists have invested in the project:
– Adam Weigolt a quantum physicist and one of the creators of this project. It was he who ironically believed that such currency as bitcoin and various other crypto-currencies can’t be safely stored on the Internet. Adam had ideas to solve this problem, which he discussed with his longtime colleague – Indra Singhal. At the moment, Indra Singhal is the chief executive officer of the Cryptyk project with a wide range of investor contacts from Silicon Valley. He arranged meetings with such large investors as Sequoia Capital and Silicon Valley Bank for the working capacity of the proposed technology. The expert on world-class cybersecurity Raghu Kota (the chief technical director of the Cryptyk project) tested this technology for work. Here are the key persons of the project. With the rest of the specialists and supervisors, as well as advisers, you can get acquainted with the official website of the project.

Conclusion

In conclusion of all of the above, it is necessary to highlight that cybersecurity is the sphere where it is necessary to constantly be at the highest possible level and be aware of all the new products and news related to this area, since hackers constantly improve their technical ability to hack into various cloud storage. It is the Cryptyk platform that is aimed at the security of the cloud system, using encryption as a reliable way to protect user data and corporate clients from hacker attacks. With the actual in our time problem and a huge baggage of experience and knowledge of the team’s specialists, the Cryptyk project has a chance to make a loud statement about itself.

Site: https://www.cryptyk.com/
Whitepaper: https://www.cryptyk.com/files/CRYPTYK-Technology-White-Paper.pdf

Twitter: https://twitter.com/cryptykteam
Facebook: https://www.facebook.com/cryptyk
Bitcointalk: https://bitcointalk.org/index.php?topic=2837930.0
Telegram: https://t.me/cryptyk
Discord: https://discord.gg/hs4Qb5j
Linkedin: https://www.linkedin.com/company/cryptyk
Youtube: https://www.youtube.com/channel/UCav90bkU5jx7_oeH12YS2Lw