DataBloc: Database Security

Today, in the age of information technology, computers, smartphones and a multitude of information systems, many files are being created that contain a large amount of information.

Sometimes very important information. This includes personal data, calculations, financial statistics, research results and data recorded by any devices.

Every day the amount of this information increases. On average, daily growth is 30%. On the one hand, such an information breakthrough is a huge plus, however, on the other hand, it can also be considered a minus.

About the Project

The platform, called DataBloc , is designed to protect information. The idea is to unite customers and suppliers in a single system with a high level of security using blockchain technology.

DataBloc is a StoneFusion plug-in. As for security, smart contracts are meant for this, which will be responsible for transferring data from one user to another.

Problems

The main and most important problem of any information database is information leakage or theft. But, to a greater degree, these very bases are personal or even governmental. So getting such information into the wrong hands can cause irreparable damage to its owner. Considering that progress always moves in all directions, with the development of a new technology, the problems of this technology are also developing. Every year tens of millions of users fall victim to fraudsters, and the cost of damage exceeds 5 trillion dollars.

Such problems with the safety of information data are due to two reasons - the concentration of all databases in one place and the security system. For example, under such conditions, almost every hacker can hack into an organization’s database, which will affect not only the organization’s clients, but also itself. The consequences can be both losses and further bankruptcy of the company.

For this reason, in an attempt to protect confidential information, various ways of protecting information data are being developed.

Specifics of the Project

In addition to smart contracts, high security codes will provide enhanced information hashing codes. This principle allows us to guarantee a more reliable transmission and seamless data storage using an additional chain of blocks. The execution of all processes is controlled by a coding algorithm called Reed-Solomon Erasure.

The advantage of using StoneFusion is to combine the platform with any electronic wallet or device where you can store data. The system also interacts with cloud storage or other means of backing up data.

ICO Details

Like many modern projects, the StoneFusion platform has its own token. It is called STONE. His task is to interact directly with DataBloc and other companies. STONE, backed by a smart contract, allows you to make transactions safely and securely. Also, when using the DataBloc system, the user has the opportunity to receive up to 10% of the profits due to the Bloc license fee (RBC).

In total, 200 million STONE tokens are planned for release. The cost of one coin is 0.5 USD. In the sales process will be a system of discounts. The maximum discount for 1 coin will be 40%. The maximum amount required for the implementation of the product, according to the developers should be 100 million US dollars.

Token Information

Token Distribution

Project Roadmap

Conclusion

Taking into account the active growth of information technology and data related to everyday and commercial life, it is necessary to pay special attention to the security of the data itself. DataBloc can safely be called one of the solutions to the problems with the security of information resources.