cryptozzz: June 2019

What is BlockSafe Technologies?

What is that? Is a company that specializes in blockchain-based cybersecurity. The company was founded in 2018, by a group with more than 17 years of experience as a team. Their overall goal is to bring security and safety to consumers. BlockSafe Technologies plans to fix the theft problem in this industry. Although theft will always occur, services such as those proposed by BlockSafe can minimize the amount of damage done. To achieve their goals, the company has plans for 3 main products:

Crypto Defender

Secure your digital wallet by providing the following capabilities

Anti screen capture

Keystroke encryption

Anti-clickjacking

Defender Exchange

Contains CryptoDefender and ProtectID to provide exchange security.

Blockchain Defender

Protect private blockchains by acting as a gateway for data.

This is just a brief example of some of the features offered by each product. When the company develops, this product will become more expansive, and continue to adapt to the industry. This combination of products offers a comprehensive security tool 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 like that exhibited by BlockSafe, users can be more calm, knowing that they are proactive in their approach to security.

Problem

With any industry experiencing growth, there will always be people who appear to be rich behind others. The cryptocurrency industry has seen repeated themes over the past two years - Theft. In 2018 we have seen hundreds of millions of dollars stolen. This does not even include unreported losses. Although we seek interoperability, it undoubtedly causes major problems. Achieving this, and the convenience brought, we continue to introduce new gateways for unwanted system violations and entries. Between cellular, cloud services and desktops, our information is fragmented in a dangerous way. Safe solutions are needed to keep up with this growing industry. Although this may be a difficult task, because technology is growing day by day, it needs to be done.

Then what next?

To fund the development of their product range, 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 about how investors will be replaced have not been released. This information must be published immediately, together with the company's whitepaper.

BlockSafe is at the forefront of defending wallets and cryptos exchanges. More than a billion dollars in cryptocurrency was stolen in 2018, a fourfold increase from 2017, and $ 9 million stolen every day from individual wallets. Crypto wallets and exchanges themselves are safe, but access to them via the internet is often a weak link, which is manipulated by attackers.

In addition, the majority of all cellphones worldwide have some form of malware in which malicious players watch secretly when users record passwords and other important information. This is the area defended by BlockSafe.

BlockSafe feature:

Encryption of keystrokes. Prevent the introduction of malware spyware. Now with password recognition, the secret key will be encrypted with a high-security algorithm.

Protection against copying to the clipboard. Prevent the introduction of malware to monitor the clipboard. This prevents any change of address when you send a cryptocurrency transaction.

Anti-screen capture . Prevent secret screenshots for dangerous screenshots.

4Anti-Clickjacking . This is a hacker’s favorite technique, with the help of clicking on certain links to load malicious software.

ExchangeDefender™

Crypto exchanges have hot wallets and cold wallets. The wallets store user secret keys as well as the exchange’s secret keys. Most of the keys are stored offline in vaults (cold wallet). A portion of the keys are stored on servers connected to the internet (hot wallet) to facilitate transactions. These servers are susceptible to a data breach just like any other hacker attack.

Exchange Defender comprises two products to protect the internal systems of the crypto exchange. These are – CryptoDefender™ and ProtectID®™ protects the exchange’s computers and mobile devices from keylogging, screen capture and clickjack attacks. ProtectID® secures access to the internal systems via two factor out-of-band authentication.

How will they finish it?

BlockSafe Technologies plans to fix the theft problem in this industry. Although theft will always occur, services such as those proposed by BlockSafe can minimize the amount of damage done.

Token Details

Heart: BSAFE

Supply Tokens: 120,000,000

STO Distribution: 64%

Distribution Date: TBD

Sales Tokens

STO Start Date: Q4 2018

End Date STO: TBD

Raised: Looking for $ 27,000,000

STO price per Token: $ 0.25-0.50 USD

Currency Received: BTC, ETH, USD

BlockSafe Roadmap