Digital Securities
BlockSafe Technologies – Securing the Blockchain Ecosystem
Who is BlockSafe Technologies?
Based out of Edison, New Jersey, BlockSafe is a company that specializes in blockchain-based cybersecurity. They were founded in 2018, by a group with over 17 years experience as a team. Their overall goal is to bring security and safety to consumers.
What is the problem?
With any industry experiencing growth, there will always be those that look to get rich on the backs of others. The cryptocurrency industry has seen a recurring theme throughout the past two years – Theft. In 2018 alone we have seen literally hundreds of millions of dollars stolen. This doesn’t even include unreported losses.
While we strive for interoperability, it no doubt causes a large problem. Attaining this, and the convenience that is brought with it, we continually introduce new gateways for breaches and unwanted system entries. Between mobile, cloud services, and desktop, our information if fragmented in a dangerous way.
Secure solutions are needed to keep up with this burgeoning industry. While this may be a difficult task, as the technology is expanding by the day, it needs to be done.
How will they solve it?
BlockSafe Technologies plans on fixing the issue of theft within the industry. Although theft will always occur, services such as the one being proposed by BlockSafe can minimize the amount of damage done.
To achieve their goal, the company has plans for 3 main products.
- Crypto Defender
- Secures digital wallets by providing the following abilities
- Anti-screen capture
- Keystroke encryption
- Anti-clickjacking
- Secures digital wallets by providing the following abilities
- Exchange Defender
- Contains both CryptoDefender and ProtectID to provide security to exchanges.
- Blockchain Defender
- Protects private blockchains by acting as a gateway for data.
These are only brief examples of a few of the features offered by each product. As the company develops, these product will become more expansive, and continue to adapt with the industry.
This combination of products offers a comprehensive means of safety for everyday users. It is significantly easier to be proactive, and prevent hackers from stealing funds/data, than it is to be reactive. More often than not, reactive measures prove to be fruitless. By offering platforms such as those on display by BlockSafe, users can rest easier, knowing that they are being proactive in their approach to security.
Team?
Working together for 17 years and counting, the team at BlockSafe is a well-tuned machine. By leveraging past experience and R&D from StrikeForce Technologies, the team at BlockSafe is well poised to pull off the endeavour. Below are a few of the individuals leading the way to securing the blockchain industry.
Whats next?
To fund development of their suite of products, BlockSafe will be hosting an upcoming STO. During this STO, they will be selling their ERC-20 token known as ‘BSAFE’. This token will be sold as a security, and offer investors a chance to buy a stake within BlockSafe themselves.
The company has a goal of raising $27 million throughout the course of their STO. Full details of how investors will be reimbursed has yet to be released. This information should be made public shortly, alongside the company’s whitepaper.
To learn details about the project, please view our BlockSafe Technologies Token Listing page.
