Decentralized Cloud Storage with Blockchain Security
- ICO start: 26. Sep 2018
- ICO end: 31. Oct 2018
Technology: Ethereum blockchain
Cryptyk ICO Short Review
Cryptyk is a revolutionary new approach to enterprise file management, storage, and cyber security. Instead of trying to prevent data breaches, Cryptyk assumes hacks are inevitable and makes files ‘safe to hack’. Cryptyk operates an innovative multi-cloud storage platform that passively ensures any stolen data is rendered useless to external hackers, while also preventing the operation of viruses and malware. Each file is first encrypted, split into 5 (or more) shards, re-encrypted, and then stored on 5 (or more) completely independent cloud storage providers such as Google, Amazon, and IBM. This decentralized storage format is passively immune to external hacks, viruses, malware, and isolated server failures. In addition, Cryptyk is backed by an immutable blockchain database that audits network security, monitors network access, and tracks file sharing between users. Blockchain auditing allows a network administrator to manage all potential internal security threats within an enterprise network. When integrated with Cryptyk’s passively secure file storage platform this hybrid solution offers broad protection against all 5 major security threats to the cloud.