There are hot and cold wallets on the crypto exchange. The wallet contains the user’s secret key as well as the wallet’s secret key. Most keys are stored offline in the repository (cold wallet). Some keys are stored on an internet-connected server (hot wallet) to facilitate transactions. These servers are vulnerable to hacking data, just like other hackers attack.Is a company that specializes in blockchain-based cybersecurity. They were founded in 2018, by a group with more than 17 years of experience as a team. Their overall goal is to bring safety and security to consumers.
Problem.
With any industry experiencing growth, there will always be people who seem to be rich behind the others. The cryptocurrency industry has repeated the theme for the past two years – Theft. By 2018 we have seen hundreds of millions of dollars stolen. This doesn’t even include unreported losses. Even though we are looking for interoperability, it undoubtedly causes big problems. Achieving this, and the convenience brought, we continue to introduce new gateways for unwanted system violations and entries. Cellular, cloud services, and desktops, our information is fragmented in a dangerous way. Safe solutions are needed to keep up with the development of this industry. Although this might be a difficult task, because it grows day by day, it needs to be done.
How will they finish it? BlockSafe Technologies plans to fix the theft problem in this industry. Although theft will always occur, they can minimize the amount of damage done. To achieve their goals, the company has plans for 3 main products:
1. Crypto Defender Secure your digital wallet by providing the following capabilities
Anti screen capture
Keystroke encryption
Anti-clickjacking
2. Exchange Defender Contains CryptoDefender and ProtectID to provide exchange security.
3. Blockchain Defender Protect private blockchains by acting as a gateway for data.
This is only a feature for each product offered by each product. Along with the development of the company, this product will become more expansive, and continue to adapt to the industry.
This product combination offers comprehensive security tools for everyday users. It’s much easier to be proactive, and prevent hackers from stealing funds / data, rather than being reactive. More often than not, reactive actions prove fruitless. By offering a platform as shown by BlockSafe, users can be more calm, knowing that they are proactive in their approach to security.
What’s next? To fund the development of their various products, BlockSafe will hold an upcoming STO. During this STO, they will sell their ERC-20 tokens known as ‘BSAFE’. These tokens will be sold as collateral, and offer investors the opportunity to buy shares in BlockSafe itself.The company aims to raise $ 27 million during their STO. Full details of how it will be replaced. This information must be published immediately, along with the company’s whitepaper.
To learn about this project, please see our BlockSafe Technologies Token List page.
Safe is at the forefront of maintaining wallets and crypto exchanges. More than one billion dollars was stolen in 2018, a fourfold increase from 2017, and $ 9 million was stolen every day from individual wallets. Crypto wallets and exchanges are safe, but access to them via the internet is often a weak link, manipulated by attackers. Having several forms of malware has several forms of malware where watching players secretly record passwords and other important information. This is the area that is maintained by BlockSafe.
The Crypto exchange has a hot wallet and a cold wallet. The wallet stores the user’s secret key and exchange secret key. Most keys are stored offline in the safe (cold wallet). Some keys are stored in a hot wallet to facilitate transactions. This server is vulnerable to data breaches and other hacker attacks. Exchange Defender consists of two products to protect the internal crypto exchange system.These are – CryptoDefender ™ and ProtectID® that exchange computers from key code attacks, screenshots, and click attacks.
ProtectID® secures access to the internal system through two out-of-band authentication factors. Blockchain between private applications and blockchain. He checks every message, checks whether he is permitted in accordance with company rules & policies, scans data content for malware transactions and authenticates transactions through the ProtectID® system. It can also forward blocks to the blockchain company through the appropriate gateway.
About BlockSafe
This company has patented the most advanced technology that challenges large cyber security. Companies secure wallets, exchanges and blockchains. Wallets are guaranteed through CryptoDefender; Exchange is guaranteed through ExchangeDefender while Blockchains is secured through its BlockchainDefender.
At present, BlockSafe is said to be the spearhead of the exchange protection and crypto wallet. In 2018, more than one billion dollars were said to have been stolen. This is a fourfold increase from 2017. It is also believed that $ 9 million is stolen from people’s wallets every day. Even though they are safe even though access to them via the internet is always considered a weaker link so attackers can easily manipulate. Most cellphones around the world have several forms of malware where malicious users can view password records along with other important information.
How has the value for the BSAFE token increased? BlockSafe BSAFE Token contributes passively, BlockSafe receives ten percent of top-line sales revenue and returns to token holders every quarter.
Token Details
1. Heart: BSAFE
2. Supply Tokens: 120,000,000
3. STO Distribution: 64%
4. Distribution Date: TBD
Sales Tokens
1. STO Start Date: Q4 2018
2. End Date STO: TBD
3. Raised: Looking for $ 27,000,000
4. STO price per Token: $ 0.25-0.50 USD
5. Currency Received: BTC, ETH, USD
Allocation of tokens.
1%: Seed Round (1.2 Million Tokens)
37%: Pre-STO (44.4 Million Tokens)
27%: STO (32.4 Million Tokens)
20%: Team / Advisor (24 Million Tokens)
15%: Reserve (18 Million Tokens)
Use of funds
37.00%: Expansion R & D
17%: company
15.00%: Operation
15%: Marketing
8.00%: Legal & Insurance
2,00%: Miscallaneous
Roadmap
Pre-STO
September 2018
STO
January 2019
CryptoDefenderTM ver 2.0
Q1 2019
ExchangeDefenderTM ver 2.0
Q2 2019
CryptoDefenderTM ver 3.0
Q3 2019
BlockchainDefenderTM ver 1.0
Q3 2019
Reliable team
Advisor
Supporting partner
To get clearer and more accurate information please visit the link below:
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