CRYPTYK - For Better Security
Cyber security is an important aspect in the field of technology. A simple four-key password isn't sufficient to keep data safe anymore. As technology is getting better and better, the quality of security is becoming more and more inadequate. The number of known cases of cyber-attacks and data theft is increasing exponentially year by year. Of course, we can't say that the cyber-security measures are primitive. There have been lots of developments and state-of-the-art technology for keeping data safe and they are quite effective. The problem is that there is a group of people who make it their life goals to break the integrity and reliability of these security systems and work towards make them ineffective.
"We face cyber threats from state-sponsored hackers, hackers for hire, global cyber syndicates, and terrorists. They seek our state secrets, our trade secrets, our technology, and our ideas - things of incredible value to all of us. They seek to strike our critical infrastructure and to harm our economy."
- James Comey
It's quite clear that it's high time the cyber-security field stepped up its game, for the sake of protecting private data. With the latest trending technology being blockchains, Cryptyk has developed a platform for storing data in a decentralised manner on cloud, secured using blockchain technology.
The Complete Enterprise Security System
Every enterprise requires humongous amounts of data to be stored for their proper functioning and success. Technology has evolved over decades giving rise to systems that can store and handle huge volumes of data. The latest trend is using cloud storage, which are essentially remote servers that allow users to store and access their data. There are a lot of security issues associated with this kind of storage though, because there is scope for outsiders to hack into these systems. Although there are a lot of security mechanisms that have been put into place for preventing this from happening, it has proven to be ineffective more often than not.
This is where Cryptyk comes in. They have developed the world's first complete cloud security solution for enterprise. It is driven by blockchain technology and provides a secure and decentralized way of storing data on the cloud. The decentralization makes the security even more effective as there is no single point of attack and it also provides availability of resources at all times through data redundancy measures.
CRYPTYK utilizes a "hybrid blockchain" design comprised of two complementary decentralized platforms -- VAULT, which is a decentralized multi-cloud storage platform for encrypted file management and sharing, and SENTRY, which is a decentralized blockchain platform for tracking and auditing of all user access and file-sharing events.
Cryptyk Tokens are the utility tokens that are used to power an entire cyber-security ecosystem and incentivize the community of enterprise customers, small-medium business customers, individual consumers, software development partners, crypto-currency miners and investors to participate in the functions of the platform.
The Hybrid Blockchain Innovation
Cryptyk uses a hybrid structure of blockchain technology which makes it a complete, cost-efficient and highly effective solution. It has already successfully developed a fully functional and tested prototype with less than 200 msec latency which is quite impressive. The project has received great reviews and has already partnered with several imminent and powerful companies like IBM. With its talented team and powerful investors, Cryptyk is sure to be a huge success.
Website - https://www.cryptyk.io/
Whitepaper - https://www.cryptyk.io/files/Cryptyk-Business-White-Paper.pdf
ANN - https://bitcointalk.org/index .php?topic=2837930.0
Telegram - https://t.me/cryptyk
Published by - dannywhelan
Btalk profile - https://bitcointalk.org/index.php?action=profile;u=1606458