Goldilock - Way To Secure Your Digital Assets

suraj0651 (46)in #writing • 6 years ago (edited)

What Is Goldilock?

Goldilock is a revolutionary digital asset security platform which acts as remotely disconnected cold storage until such time that the user needs access to their data for its intended purpose. Goldilock is a platform that allows digital (crypto) keys and assets to be active when a user needs it while being disconnected from the internet when the user is not making use of it.

The inherent security vulnerabilities within internet and blockchain infrastructure are why Goldilock uses a physical air gap disconnection method. This means, as the name suggests, that the devices storing sensitive data are physically disconnected from the internet, remaining isolated in a vaulted location.

Current Storage Methods:

Hot storage:
Cloud storage, exchanges, online wallets, online multisig structures.
Cold Storage
personal USB hard drives, Trezor, Ledger Wallet, Xapo or Blockvault.

Most individuals in the crypto space are familiar with the shortcomings associated with centralized asset storage methods. Cold and hot wallets are designed for different purposes so most people who have digital assets hold both wallets. Personal cold storage offers vast security benefits over keeping your cryptocurrency or other sensitive data online. People who have digital assets prefer to keep a small amount of money in their hot wallets while leaving the vast majority of their digital coins in their cold wallet.

Goldilock is not a cold storage neither is it a hot storage; It is just the right storage that understands that online data is more useful to hackers than rightful owners so it isolates personal data from physical contacts while backing it up fully.

AIRGAP TECHNOLOGY /MECHANISM :

Wallet and personal data (including private keys)are stored online via a physical air gap medium. These physical airgap mechanism incorporated by Goldilock cannot be accessed from the Internet. Since the airgap mechanism is not connected to the Internet there is no chance of getting hacked. How then does the users accessed their wallets? Using a non-IP mechanism, users' activates their wallets making it acessible over the Internet for a short period of time. Upon activation of the wallets, users can securely have access to their wallets over an encrpted connection using a dedicated URL and access credentials.

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Goldilock Token

Goldilock smart media token "LOCK" will be registered on an NEP-5 asset on the NEO blockchain. 67% of Lock tokens are available for public sale from 1 bn supply, another 16% of Lock tokens are for team, investors, advisors and early adopters, another 15% Lock tokens are for the development, partnership, and future services, etc. Last 2% of Lock tokens will be distributed to users who will participate for the bounty programs.

Conclusion

Goldilock is revolutionizing the way to store data on the internet by building an ecosystem to secure cryptocurrency and digital assets for individuals and institutions.