BLOCKSAFE: Blockchain-Based Cyber Security Specialization:

Odinigwe Francis

OVERVIEW OF THE BLOCKSAFE TECH.

Introduction:

BlockSafe Technologies™ is the only US-based company that secures the blockchain ecosystem from all angles: wallets, exchanges, and private Blockchain. Using its expansive suite of cybersecurity solutions, BlockSafe Technologies™ introduces stability into an otherwise turbulent market by protecting the blockchain ecosystem at its most vulnerable points: user authentication and interaction. Similarly, BlockSafe Technologies™ has developed proprietary methods of defending permissioned Blockchain via transaction authentication, policy enforcement, DDoS mitigation, load balancing, and content filtering. BlockSafe Technologies™ is a subsidiary company of Strike Force Technologies, Inc. (OTCQB: SFOR), a leading provider of cybersecurity solutions for consumers, corporations, and government agencies. BlockSafe Technologies™ has been granted licensing rights to implement and distribute the patented, award-winning cybersecurity technology offered by Strike Force Technologies, Inc.

BlockSafe Technologies 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 goals are to bring safety and security to consumers. With any industry experiencing growth, there will always be people who appear to be rich behind others. The cryptocurrency industry has 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. Cellular, cloud services and desktops, our information is fragmented in a dangerous way. Safe solutions are needed to offset this growing industry. Although this may be a difficult task, because it is growing day by day, it needs to be done.

COLD HOT WALLET:

The Crypto exchange has a hot wallet and a cold wallet. The competitor keeps the user’s secret key and the secret key of the exchange. Most keys are stored offline in the safe (cold wallet). Some of the keys are stored on internet-connected servers (hot wallets) to facilitate transactions. These servers are vulnerable to data breaches as well as other hacker attacks. Exchange Defender consists of two products to protect the internal crypto exchange system. These are — Crypto Defender and Protect ID — protecting computers and mobile devices exchanging from key code attacks, screenshots, and click attacks. Protect ID — secures access to the internal system through two out-of-band authentication factors.

While the Blockchain Defender acts as a gateway between private applications and blockchain. It checks each message, checks whether it is permitted according to company rules & policies, scans data field content for malware and authenticates transactions through the Protect ID system. It can also forward blockchain messages to the company system or other blockchains through the appropriate gateway.

CYBERSECURITY:

The company has patented state-of-the-art technology that aims to overcome large cybersecurity challenges. Companies secure wallets, exchanges, and Blockchain. The wallet is guaranteed through its Crypto Defender; Exchange is secured through Exchange Defender while Blockchain is secured through its Blockchain Defender.

At present, BlockSafe is said to be the spearhead of the exchange protection and crypto wallet. By 2018, more than one billion dollars in cryptocurrency are 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. Crypto exchanges and wallets themselves are safe even though access to them via the internet is always considered a weaker link so that attackers can easily manipulate. Most cellphones around the world have some form of malware onboard where malicious players can see silently when users record passwords along with other important information.

THE THREE (3) MAIN PRODUCTS BLOCKSAFE TECHNOLOGIES:

1. Exchange Defender:

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 is 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 — Crypto Defender and Protect ID protects the exchange’s computers and mobile devices from keylogging, screen capture and click jack attacks. Protect ID secures access to the internal systems via two factors out-of-band authentication.

2. Blockchain Defender:

Blockchain Defender acts as a gateway between the application and a private blockchain. It examines every message, checks if it is allowed as per enterprise rules & policy, scan the contents of data fields for malware and authenticates transactions via the Protect ID® system. It can also pass the blockchain messages to enterprise systems or other Blockchain via appropriate gateways.

3. Crypto Defender:

· Keystroke Encryption:

Prevents malware from spying on what you type. The keystrokes are secured between the kernel and the wallet application using military-grade encryption. Now, the password you enter to logon or decrypt your secret key is safe.

· Clipboard Copy Protection:

Prevents malware from monitoring the clipboard to spy on, copy and paste the contents of the clipboard. So the destination address to which a crypto transaction is sent to is not modified.

· Anti-Screen Capture:

Prevents screen-scraping malware from taking screenshots of information surreptitiously.

· Anti-Click jacking:

Displays hidden frames or frames originating from a potentially malicious domain. This neutralizes one of the favorite tricks of the hackers to download malware onto your computer.

· Secure Keyboard:

Prevents the OS and malware from logging your keystrokes. All keystrokes entered in the custom keyboard are encrypted. Now, the password you enter to logon or decrypt your secret key is safe.

· Secure Browser:

Is a custom, secure locked-down browser that prevents the storage of cookies and other malware anti-facts? The secure browser is recreated for every session. Now, you can safely access your online wallet or exchange.

· Password/Data Vault:

Enables the AES-256 encrypted storage of passwords, keys, and data. Access to the vault can be secured via fingerprint. The Secure Browser can be launched from within the vault.

· Strong Password Generator:

This creates strong passwords based on user-defined preferences and then stores them in the Password Vault for future usage.

BLOCKSAFE TOKEN DETAILS: