GOLDILOCK : Brings new storage system technology for blockchain

in originalworks •  last year 

Introduction

GOLDILOCK is a secured cloud storage system. It has build for securing cryptocurrencies and digital assets for individuals and instututions. Its security is better than any other system. GOLDILOCK is revolutionzing the way of data storing system on the internet. It support both cold and hot storage.

If you use hot storage your data can be hacked. So most of the people use cold storage. You can't access your data when you are in other places and your cold storage is not physicallly connected to the internet. But GOLDILOCK come with the solution of this problem. I describe it step by step bellow.
flourish-31609_960_720.png
GOLDILOCK's vision is,

"We based GOLDILOCK on the premise that your data should not be physically connected to the internet when you're not using it, but that it does need to be available to you from anywhere immediately when you want to access it. "

How GOLDILOCK will change the way people handle their sensitive digital data

Goldilock acts like a cold storage untill the owner needs access to their cryptocurrency or data. This way helps user to secure data and funds.

When the owners need access to their private data, their physical device will automaticly connected to the internet by owner key authentication. But it is limited time access through NON-IP technology. By using this new way people will handle their sensitive digital data.

videotogif_2018.08.07_13.18.41.gif
flourish-31609_960_720.png

Benefit of Combining hot and cold storage

GOLDILOCKS has a new storage system which provides combining hot and cold storage. Hot storage is always connected to the internet. For the reason, data is not secured in hot storage and it can be hacked by hackers. We saw many example of hacking hot storage near past.

On the other hand, cold storage data will store in user's hardware or computer. Cold storage has high security. But user can not access it from other place or device. because it is an ofline wallet.

GOLDILOCK make this solution. They come with a new storage system which contain both Cold and Hot storage. Combining Cold and Hot wallet /storage users can handle their data and cryptocurrency from other place. Generally all data and funds will store in cold storage. When user need to access it from other devices, it will convert to hot storage and being online for a short time. This option is limited to Non-ip.
flourish-31609_960_720.png

GOLDILOCK Security

On this part I am describing about the security system of Goldilock.

Goldilock have changed the storage system by their own technology. For security reason they will use the latest security technology.

Their extra security feature is "Airgap" technology.
flourish-31609_960_720.png

The security of keeping the data offline using "airgap" technology

People face many problems by using HOT or COLD storage. Physical COLD storage can't be our future because now a days everyting will become virtual. On the other hand, In online hot storage there is huge hack problems in crypto technology.

So, GOLDILOCK thought that they should come with a new technology for secure data. They finally brings "airgap" technology. Using this technology data will store in offline which is not accessible from the other place over the internet. But user can access it by their key for a short time. This technology will secure the data storage system.
flourish-31609_960_720.png

How can improve cryptocurrency security and access impact mass adoption?

Bringing new security system people will attract GOLDILOCK day by day. The reputation of GOLDILOCK will increase. So, The teams should improve its feature for future growth. Team should concentrate with its improvement and development.

GOLDILOCK and its team is already make a good build. But to be popular and attract people it needs more partner, cryptocurrency analyst, software developer and blockchain technology specialist.

If GOLDILOCK make their official apps for mobile like android and iphone the popularity will be increase.
flourish-31609_960_720.png

Why did GOLDILOCK Opt for NEO Smart Contracts?

1_mjjegATiq-O2aidhsnvS9A.png
Smart Contracts is one of the most important characteristics of blockchain technology. A smart contract is a set of commitments that are defined in digital form, including the agreement on how contract participants shall fulfill these commitments.

The NEO smart contract includes many feature like certainly, high performance and expandability. Smart Contracts can written by any language. Currently supported language are, - C#, VB.NET, F#, JAVA, COTLIN, PYTHON. With multiple language support more than 90% of developer can directly participate in the development of an NEO smart contract without the need to learn a new language. So, GOLDILOCK Opt for NEO Smart Contracts

How can banks insurance companies and other institutions benefit from integrating GOLDILOCK technology to their existing system?

Every bank, insurance companies and other institutions uses Cold wallet. Some use Hot storage but they fell risk. So they can apply GOLDILOCK technology to their wallet to safe their funds and data. They can change their existing system by replacing storage system. and security system. Or they can use GOLDILOCK for wallet.

Technology of GOLDILOCK

All technology of GOLDILOCK are bellow,

  • Physical airgap disconnection from electronic networks
  • Dedicated per-user hardware for processing storage of encrypted data
  • Regressive connectivity and non-IP signal processing
  • Scalable physically-segregated connectivity solutions
  • Two-Factor authentication
  • Optional multi-signature security
  • Secured physical vaults
  • Biometric gateways
  • Device recognition
  • Personal generated codes
  • Multisite encrypted data backup
  • Secure dashboards

See the video to know more ;

Video is created by me @kibriakk

Roadmap

videotogif_2018.08.07_13.26.05.gif

TEAMS

videotogif_2018.08.07_13.24.06.gif


flourish-31609_960_720.png


Disclaimers : I am not a cryptocurrency investor. I just share with everyone about GOLDILOCK. please read full information from their whitepaper. Without reading guideline please donot invest.

Source used only from https://www.goldilock.com

@kibriakk

Contest of https://steemit.com/crypto/@originalworks/810-steem-sponsored-writing-contest-goldilock

goldilock2018

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!

This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Steem-contest from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

This post has received a 75.00% upvote from thanks to: @kibriakk!!!
For more information, click here!!!!

If you use our Robot before your post has 1 day and get an Upvote greater than 1%, you will automatically receive Upvotes between 1% and 10% as a bonus from our other robots.

Do you know, you can also earn passive income after every bidding round simply by delegating your Steem Power to @minnowhelper?
you can delegate by clicking following links: 10 SP, 100 SP, 500 SP, 1000 SP or Another amount

Congratulations @kibriakk! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

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 STOP

You can upvote this notification to help all Steemit users. Learn why here!