Pratiwi Kusumaningtyas: BlockSafe Technologies — Securing the Blockchain Ecosystem: Wallets, Exchanges and Private Blockchains

We will provide Article to present the “ BlockSafe Technologies” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.

BlockSafe Is a company that specializes in blockchain-based cybersecurity. They were founded in 2018, by a group with more than 17 years of experience as a team. Their overall goal is to bring safety and security to consumers

Wallets are cracked by malware that uses keyloggers to steal secret keys and capture the clipboard to change destination addresses. Estimates for unaccounted damages to wallet users amount to more than $ 350 million. If your wallet is hacked, you will not be able to return the money and sue anyone.
There are hot and cold wallets on crypto exchangers. The user’s secret keys are stored in the purses, as well as the exchange secret keys. Most keys are stored offline in the vaults (cold wallet). Some keys are stored on servers connected to the Internet (hot wallet), to facilitate transactions. These servers are subject to data hacking, like any other hacker attack.

Exchange Defender includes two products to protect internal crypto-exchange systems. CryptoDefender ™ and ProtectID® ™ protect computers and mobile devices from keylogging, screen grabbing and clickjack attacks. ProtectID® provides access to internal systems using two-factor out-of-band authentication.

Video About BlockSafe :

ADVANTAGES

KEYSTROKE ENCRYPTION
Prevents malware from spying on what you type. The keystrokes are secured between the kernel and the wallet application using military grade encryption. Now, the password you enter to logon or decrypt your secret key is safe.
CLIPBOARD COPY PROTECTION
Prevents malware from monitoring the clipboard to spy on, copy and paste the contents of the clipboard. So the destination address to which a crypto transaction is sent to is not modified
ANTI-SCREEN CAPTURE
Prevents screen-scraping malware from taking screenshots of information surreptitiously
ANTI-CLICKJACKING
Displays hidden frames or frames originating from a potentially malicious domain. This neutralizes one of the favorite tricks of the hackers to download malware onto your computer
SECURE KEYBOARD
Prevents the OS and malware from logging your keystrokes. All keystrokes entered in the custom keyboard are encrypted. Now, the password you enter to logon or decrypt your secret key is safe.
SECURE BROWSER
Is a custom, secure locked-down browser that prevents the storage of cookies and other malware artifacts. The secure browser is recreated for every session. Now, you can safely access your online wallet or exchange.
PASSWORD/DATA VAULT
Enables the AES-256 encrypted storage of passwords, keys and data. Access to the vault can be secured via fingerprint. The Secure Browser can be launched from within the vault
STRONG PASSWORD GENERATOR
This creates strong passwords based on user-defined preferences, and then stores them in the Password Vault for future usage.

To achieve their goals, the company has plans for 3 main products:

1. Defender Crypto

Secure your digital wallet by providing the following capabilities
Anti screen capture
Keystroke encryption
Anti-clickjacking

2. Exchange of Defenders

Contains CryptoDefender and ProtectID to provide exchange security.

3. Defender Blockchain

Protect private blockchains by acting as a gateway for data.
This is just a brief example of some of the features offered by each product. As the company develops, this product will become more expansive, and continue to adapt to the industry.

This product combination offers a comprehensive security tool for everyday users. It’s much easier to be proactive, and prevent hackers from stealing funds / data, rather than being reactive. More often than not, reactive actions prove fruitless. By offering a platform like that exhibited by BlockSafe, users can be more calm, knowing that they are proactive in their approach to security.

The Crypto exchange has a hot wallet and a cold wallet.

The wallet keeps the user’s secret key and the exchange secret key. Most keys are stored offline in the safe (cold wallet). Some of the keys are stored on internet-connected servers (hot wallets) to facilitate transactions. These servers are vulnerable to data breaches as well as other hacker attacks. Exchange Defender consists of two products to protect the internal crypto exchange system.

These are — CryptoDefender ™ and ProtectID® ™ protect computers and mobile devices exchanging from key code attacks, screenshots, and click attacks.

ProtectID® secures access to the internal system through two out-of-band authentication factors. Blockchain Defender acts as a gateway between private applications and blockchain. It checks every message, checks whether permitted according to company rules & policies, scans data field content for malware and authenticates transactions through ProtectID® system. It can also forward blockchain messages to the company system or other blockchain through the appropriate gateway.