CRYPTYK
Decentralized Cloud Security and Storage Platform
Cyber attacks continue to become more sophisticated by the minute, making it easier for hackers to exploit the weak spots of enterprise digital infrastructures, the cyber security market is inevitably blooming and is estimated to reach a huge $100 billion by 2020. Conventional cloud security solutions are both technically ineffective and highly cost inefficient. The reasons for these problems are two-fold. First, current cloud storage platforms are highly centralized and hence vulnerable to breaches at a single point of attack. Second, the multitude of potential attack sources means that multiple software vendors are currently required to protect against all security threats.
About CRYPTYK
The CRYPTYK is the first complete cloud storage and security solution for enterprise, at less than half the cost of conventional multi-vendor solutions. The hybrid platform provides for low latency cloud storage with built-in protection against external, internal, viral, operational and surveillance threats. The companies compiled in this issue have exhibited extensive business process knowledge, along with in-depth, integrated, and innovative strategies in the security space. The CRYPTYK present you the “Top 10 Enterprise Security Startups - 2018”.
Enterprises are increasingly storing more of their confidential data online via cloud storage vendors. The enterprise security and storage markets are inextricably linked. While cloud storage offers massive advantages for all business including employee mobility and broad data accessibility for no capital costs, it also exposes the business enterprise to inevitable cyber-security breaches or hacks. The fundamental weakness of conventional cloud storage lies in its highly centralized nature. While offering fast, reliable data storage at low commodity pricing, centralized storage networks also offer hackers access to huge amounts of confidential data once security defenses have been breached. decentralized technologies such as blockchain are now emerging that can dramatically reduce or even eliminate the attack surface of online data.
The design philosophy that underpins the hybrid CRYPTYK architecture is based on optimizing specific characteristics of three different decentralized platforms to meet the varying multitude of critical performance requirements for both enterprise security and storage applications, low-cost cloud storage services for data-at-rest applications are fundamental. Building a complete enterprise-class security solution must also incorporate cloud storage as a fundamental building block to ensure an optimal security profile.
Solution
Conversely, the CRYPTYK hybrid blockchain technology developed by Cryptyk Inc has demonstrated highly usable access latencies less than 200msec while also offering vastly reduce attack surfaces to hackers for a more diverse range of file-types compared to blockchain-only platforms. The CRYPTYK leverages the inherent security of two decentralized platforms:
- VAULT is a decentralized cloud storage platform that first encrypts every file, divides each encrypted file into 5 separate pieces, encrypts each piece a second time, and then separately stores each piece on 5 of the major independent cloud storage providers (eg: Google, Amazon, IBM, Rackspace, Box).
- Security Engine and Backend (SENTRY) is a decentralized blockchain auditing platform that acts as an enterprise security manager for network administrators. All user access and file sharing events are recorded on a permanent immutable blockchain ledger for monitoring.
The CRYPTYK solution already provides reliable storage services at very low commodity level prices. the CRYPTYK solution disrupts the much larger enterprise security market by providing a more secure and cost-effective product bundle that includes both enterprise security and cloud storage services. Products and services built on the CRYPTYK platform architecture have the potential to displace a variety of more expensive products and services from existing vendors in the enterprise security market.
CRYPTYK Token Sale
The CRYPTYK Token (or CTK Token) is the new digital crypto-currency for cyber-security and cloud storage applications. It enables enterprises, businesses, and individuals to purchase cloud security and storage services from Cryptyk Inc. The CRYPTYK platform and the associated CTK crypto economy is the first complete, cost-effective cyber-security and cloud storage solution that can be used by individuals, businesses and enterprises alike. It has the potential to revolutionize the global cyber-security industry by eliminating the profit from hacking and removing risk from the cloud.
- Token: CTK Token
- Price: 1 CTK Token = 0.125 USD
- Sale Opens: Wednesday, December 12, 2018 (5am UTC / 7pm AEST)
- Sale Closes: Friday February 8th, 2019 (11pm UTC / 9am AEST)
- Bonus: Available
- Bounty: Available
- Platform: Ethereum
- Accepting: ETH, BTC, USD
- Minimum investment: 50,000 USD; 5 BTC; 50 ETH
- Soft cap: 3000000 USD
- Hard cap: 25000000 USD
- Country USA
- Whitelist/KYC KYC
- Restricted areas: USA, Brazil, China, Canada
Roadmap
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ETH Address: 0xc9A0cD3C9D00b61F5e46B4f234F5adb91fAB0A78