Cryptyk - Decentralized Cloud Security for Enterprise

in #cryptyk6 years ago (edited)

 

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 Today's world is on the threshold of great changes, there is a global evolution and modernization of all information technologies. Most socio-economic activities are moving to an electronic environment. Blockchain technologies are gradually penetrating into the real sectors of the economy. A more progressive electronic era is coming to replace the usual industrial era. This makes it possible to expand the boundaries of what is possible, but with new opportunities, there are new obstacles, one of which is the problem of safe storage of information and a limited amount of free space on digital media. In a world where digital information is a core value, this issue will be particularly relevant.
The team of developers of the promising project Cryptyk timely asked these questions and found a way out of the situation, presenting the world with an innovative cloud storage with unlimited space for absolutely safe storage of any information. About him today and will try to tell you)   

 Platform Cryptyk is a hybrid peer-to-peer platform data, which is designed to securely manage online storage and sharing files, editing documents, messaging and operation of cloud applications.
Video presentation:   

 Project objective:
The product offered by the company is necessary for users for whom the preservation of the confidentiality of data stored in the cloud is of paramount importance. The main purpose of the Cryptyk platform is to prevent both external and internal threats to stored data.
 

White Paper Analysis:
Native VP 

  

 Advisers:  


Ian Scarffe - Blockchain Analyst, is an investor, entrepreneur and consultant. Ian was advisera in a number of projects, organized by the ICO, such as Patron-ICO ($ 40 million), CanYa ($ 12 million), MoxyOne, Pundi X ($ 40 million), ELPIS ($ 1.3 million), Naviaddress ($ 16.9 million), Votem, ContractNet ( ($ 2.7 million), CUBE ($ 1.9 million), VeriME ($ 21.7 million), PokerSports ($ 500 000), RxEAL ($ 279 000), Bulltoken ($ 1.5 million CEEK ($ 17.3 million), MeetnGreetMe ($ 250,000), Shivom($ 35 million), ELPIS ( $ 1.3 million), ContractNet ($ 2.6 million). In the near future, the projects that Ian advises will organize their ICO, and among them we note names such as Casper API, BuzzShow, BolttCoin, Nauticus, Dataeum. 

Jay Kim  —  strategic marketing Advisor ICO, promoter, Korean investor ICO. Jay is an investor and consultant to ICO. He participated in ICO projects such as Paycent ($ 15.5 million), CUBE ($ 1.9 million), CEDEX ($ 14 million), Fidelium ($ 10 million), GIFTO ($ 30 million), Expert ($ 1.5 million), CEEK ($ 17.3 million ). 

Sead Muftic, PhD  —  Blockchain developer, specializiruetsya on the security of computer networks and transactions in the blockchain. He is the founder of LedLoc, CTO QYKBAR and EIPlatform, as well as security expert SuchApp and Giftz.io 

Product and MVP  


MVP — No
Cryptyk platform includes 5 interrelated components:
 

 •  VAULT is a decentralized platform that includes multiple cloud storage providers . Its purpose is the storage, as well as providing editing and sharing of files and other data types (such as email, chat, payments) in an encrypted decentralized form.
•  PASSPORT — blockchain Ledger, which records all the sessions of user access and transaction files. It is intended for use by corporate clients. Each enterprise, its employees, and user files receive a unique identifier stored in this chain. Each access session of each user, as well as information about creating, editing, deleting and sharing files are recorded in the blockchain, which provides the ability to verify all user actions with data.
•  CODEBOOK is a database Map for storing audit logs, transaction data, and file encryption keys. According to whitepaper, the team plans to use one of the following decentralized platforms to implement CODEBOOK — BigchainDB, Cockroach DB or Hashgraph.
•  SENTRY is the underlying platform and security mechanism for the platform that integrates all other Cryptyk components. It provides encryption management, data validation and analysis, tracking all user activities, policy enforcement, auditing, data leakage prevention, and threat analysis.
Sentry consists of three components:
Exchange control panel - manage transactions of CTK tokens and digital and fixed currencies. It automatically converts the currency to CTK. Private Exchange — manage payment, invoicing, product activation Cryptyk, services cloud storage and transfer token CTK, Fiat and digital currencies among members of the ecosystem, services from cloud storage.
•  COMMAND — cloud or on-premises user interface designed to purchase products, platforms, storage management, file sharing.
 

Competition and USP 

 
Today, there are already many different cloud storages, including Filecoin, Sia. The information on their web sites suggests that they are better than centralized cloud storage because they have an increased level of security and they are cheaper. The work of all these platforms is that they share a single file and divide it into different parts , encrypt the information and send it to different hard drives. Anyone can rent space on your disk and earn on it.
The advantage Cryptyk that he promises 6 separate encryption keys.
 

Competitors:
Filecoin
MaidSafe
Sia
Storj
Blockchain integration
Tokens manage the Sentry Blockchain platform, which acts as a security audit mechanism.  

 Token: Cryptyk (CTK)  


Presales:
Softcap: $8 million
Price: $0.1
Minimum entry: $5000
Max input:  not limited
Public sale:
Hardcap
: $25 million
Price: $0.125
Minimum entry: $250
Max input:  not limited
Only one third of CTK tokens will be sold during the ICO. Another third is reserved in the Cryptyk Fund to encourage partners, and the same volume is also locked up for the team and business angels. This distribution structure is essentially a hidden additional emission twice the size of the primary allocation. According to the information provided on the website, the funds collected during the pre-sale and public sale will be stored in a diversified portfolio of BTC, ETH and USD, which, against the background of high volatility, keeps the risk of portfolio rate changes at a high level, regardless of the ratio of BTC, ETH and USD shares.
Type of token-Utility
Economic model of the token-emission is limited
Burning / freezing-unsold tokens will be burned
Bonuses:
$50,000 = 10%
$100,000 = 15.%
$250,000 = 20%
$500,000 = 25.%
$750,000 = 30%
$1,000,000 = 35%
$1,500,000 = 40%  
 

 Road map
Long roadmap, work is planned for the year. 


Hype
The average level of hype. 


Pluses
Team and advisability concept 


Minuses
Hidden emissions use of IBM Parners as a partnership statement (Anyone who uses IMB products can specify them as partners)  

 Based on all of the above, it is safe to say that this project is clearly aimed at success. It combines all three fundamental aspects of any promising project: a unique idea, demand in the market, a highly qualified team. The creators of the Cryptyk Platform in the future intend to oust such giants as Mail, Google or Amazon, because their methods of storing information are vulnerable and are no longer able to meet all the requirements of the fast-growing information flow of modern realities. 

By 2022, the decentralized applications market will reach 15% of the total cloud service model (IAAS) market, according to IDC Corp research company, by 2020 there will be 200 billion Internet-connected things that will generate 44 zettabytes of data. Such a huge amount of information will need a secure decentralized storage, N Cryptyk will provide the world with its product, which will undoubtedly be very popular. The project is definitely worthy of close attention, I suggest for a more detailed review follow the links below)A project that should definitely go to the watchlist. He looks promising, a strong team. Confuses quite a long roadmap, possible MVP and the launch of the project will be delayed.  For more detailed information about the project you can follow the links below. 

Uniqueness of the text 100 % - https://text.ru/antiplagiat/5b70584fb5908

Thank you for listening) 

      

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Start where you are, Use what you have. Do what you can.

I expect every waiting from the company of new posts, I'm waiting for a miracle and I wish them success and the most powerful victories! You are the best!

how are they doing with the investments?

On the market now is not the best time, it's good that there are still projects in which you can participate. Cool!

The team and advisor board is strong and dedicated. We need more projects of this kind introducing cryptoworld to new comers and making crypto more comfortable for everybody.

Excellent review. I will advise this project to my friends.

Hello, that was a nice review! How many tokens will be owned by the foundation and founders?

Very interesting project, a solid team, ambiguous WP

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