Invention of internet brought many advantages to our lives, but also challenges that are connected to our presence online. In the beginning experienced professionals joined internet network, and shared files through file servers, that were important to them, but with some or none importance to the community. With mass adoption, number of users increased greatly and general population, people that are not technical expert, started to use the internet and become victims of many hacks during the internet development. Introduction of crypto currencies brought next steps of development to internet and users, because there is a lot of financially sensitive data that is on the internet, secured only by user knowledge and responsibility, with a bunch of scammers in the loop. It is unsafe environment for technically dis-advantaged persons, because they need to share and collect sensitive data, while keeping in recorded for themselves. People used to have provided security with banks and services providers, that are keeping their password and PIN codes for a monthly fee. It is a remarkable step up-front to have your security with you, that requires mindset change for all actions on the network. This opens gap, for solution to be offered to provide additional security for crypto users.
BlockSafe Technologies provided solution for additional security through their two products – Crypto Defender for secure wallet and Exchange Defender for secure exchange, with third product still in development – Blockchain Defender for secure blockchain. BSafe has ten patents, from which four are still pending, for their products and experienced team with more than 17 years of experience. Numbers are here to be evaluated, but more than one billion dollars stolen on the market in the first half of last year speak for themselves, it is a huge market to be resolved. Similar to broad number of antivirus and internet security software companies on the market, with crypto currencies development and usage, number of companies related to security on that market niche will constantly grow. BSafe will try to get part of that cake with their early entry on the market and two already functional products. Pesimistic prognosis is that crypto market will reach 200 million wallet users by 2025, which is a great market for new products.
Crypto Defender and Exchange Defender features can be found in project whitepaper: https://blocksafetech.io/BlockSafeWhitepaper.pdf, with Crypto Defender available for desktop and mobile users and Exchange Defender is an upgrade of Crypto Defender with Protect ID, that offer second out-of-band authentication. Blockchain Defender is still in development and shall include feature as authentication, content scanner, rules and policy engine and load balancer / DDoS mitigator.
Roadmap foreseen STO until the September, 23rd, token price is 0,5USD for STO and first version of Blockchain Defender in Q4 2019. Projected sales for Crypto Defender is 250000 copies with first year of sale, quite optimistic on 39 million wallet users, and 2,5 million copies with three years of sale. Pricing is preliminary set on 9,99 USD for month, with five devices, and 5,99 USD for month, if you secure two devices.
Project website: https://blocksafetech.io/
Project whitepaper: https://blocksafetech.io/BlockSafeWhitepaper.pdf
ANN thread: https://bitcointalk.org/index.php?topic=5100884
Telegram: https://t.me/officialblocksafetechnology2019
Author
Bitcointalk username: casperBGD
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1573369