ZEBI (ZCO) – SECURING SENSITIVE DATA ON THE BLOCKCHAIN

in #zebi6 years ago

As the sheer amount of world data grows exponentially, Zebi is ready to secure high-value and sensitive data, while making sure it’s instantaneously available for legitimate use – potentially revolutionizing the management of big data globally. High value data like land registry, educational documents, employment, transaction and health records are required by individuals and organisations as part of their routine activities. However, the current mechanism of data exchange is mostly manual, paper based, slow and fraught with risks of tampering or theft.  Zebi makes high value (or sensitive) data readily available for legitimate use. 

Zebi aims to solve India and the world’s big data problem with a blockchain-driven solution which makes high-value and sensitive data readily available for legitimate use, while also securing and safeguarding said data from hackers, cybercriminals, and wrongdoers. Growing exponentially, India’s total amount of big data is expected to reach three Zebibytes (about three trillion Gigabytes) per year by 2021. This is due, in large part, to the continued usage of social networks, smartphones, and the internet in general. 

The platform uses the Zebi gateway to connect data users, data providers and data requesters in a systematic manner which ensures transparency and security. There are two parts to the Zebi system, the Zebi Chain and the Zebi Data Gateway. 

Zebi Chain boasts a reliable and secure infrastructure which is enforced by the Ethereum blockchain and is both tamper-proof and hacker-proof. All sensitive data requests go through explicit and granular consent mechanism – allowing for flexibility, while also remaining minimally intrusive, as smart contracts and digital signatures ensure data is exchanged with no human intervention required. 

Zebi Chain currently utilizes a standard ERC20 utility token (ZCO) on the Ethereum Blockchain, which will primarily be used as a mode of payment for all Zebi services, including transaction processing through and data protection by Zebi Chain. 

All-in-all, Zebi looks like a fantastic use of blockchain technology with enormous potential for widespread adoption.

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