Glyff-privacy for smart contracts and more

in #blog5 years ago

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Bitcoin and other cryptocurrencies have been designed as independent of the state of the payment system, which can restore government by the people, developed for the decentralization of the economic system, when they are responsible for the direction and the market price of the rights without interference from the authorities. But with the growing popularity of digital tools, the country and law enforcement agencies began fighting landslides to keep the public blockchain under control around the world
follow the work of people to collect taxes.

Future blockchain technology is not yet designed to dominate our world by going through Ludo, and every family does not like innovation. Not paying attention to the ten-year anniversary, the development of blockchain is still in its infancy, but the potential of application is very large. Recently, more and more companies are beginning to implement their business models, given the clear superiority of this technology. Technologies are developing at a fun pace, and their implementation is delayed. All of this reminds me of my Formula 1 racing car on a busy street where traffic jams are not allowed to completely go away.

These decentralized ecosystems, like ethereum, encourage the idea of running their own programs on the blockchain, but they lack transaction privacy, which means that all effects can be seen on the blockchain and prevent application privacy protection
technology criteria when security, for example, contains significant value, such as insurance contracts, promotional trade, significant transactions. Therefore, there is an urgent need for technology to improve privacy. This led to the creation of a plan called glyff.

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What is Glyff?

Glyff is a decentralized platform that combines all the benefits of blockchain technology and advanced encryption mechanisms, aimed at creating smart contracts with privacy protection and securing hidden assets.

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Problem solution

Blockchain is one of the latest inventions that allows businesses and individuals to quickly transfer data and information online without having to believe in 3 sides. However, the existing results do not match all privacy claims, as all data and transaction sizes can be created in large numbers, while the sites are not closed to the application audience - health, money, IoT strongly require that their parts of transactions be confidential, and as a result they are not compatible with Blockchain Public Systems. Glyff solves all these problems.

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Principle of operation

Glyff original supports the development of new cryptographic advances in a proven Ethereum ecosystem, protects the confidentiality of data and security of transaction with the computing performance and, thus, provides a simple, programmable, intelligent fast phase of the contract, to the extent that use of the company, while retaining at least the leading foundations of the Blockchain. Glyff also allows you to create decentralized applications such as Ethereum, but with a significant difference: the ability to hide them from computer components. This allows developers to connect sensitive data to their own smart contracts without compromising security.

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Security assurance

Glyff handles privacy in the chain by encrypting all types of data passed to juzer in the blockchain;
The administrator organizes encrypted native inputs and manages the execution of the contract code itself.
For example, there is a protection against the negligence of the Manager: but he is able to see all your personal data, can not change the correct execution of the contract;
Platform, first of all, fully protected from her family and guarantors of the various actions of Julian, although both sides have the opportunity to be brought to justice and penalties in case of any fraud.
No need any special programming skills to create apps everyone has the ability to create hidden apps, including sensitive information.

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INFORMATION ABOUT THE TOKEN

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ROAD MAP

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TEAM

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Result

Glyff is a decentralized smart contract platform, focused on privacy. Begins to hide the details of financial transactions across a vast crowd and provides programmable privacy with cryptographic primitives carved with zero open evidence. This platform can reach wide distribution in various spheres of economic life.

More information about the project:

Website: https://glyff.io/
Whitepaper: https://glyff.io/files/glyff-wp.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5083318.0
Telegram: https://t.me/glyffcommunity
Facebook: https://www.facebook.com/Glyff-353989662044849/
Twitter: https://twitter.com/Glyff_io
Medium: https://medium.com/@glyff_official

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USERNAME: tomson777
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