Our right to keep our data safe and within our control has never been more important than it is today. That’s because every single day, millions of us share data, be it photos, videos, and loads of information that may seem insignificant, but can have grave consequences should it fall into the wrong hands. Businesses share sensitive data that, if compromised, can put their business at risk and their customer‘s privacy in peril. In fact, just this month it was reported that the Equifax data breach of 2017 might have exposed more personal information than anyone previously thought. Over 145 million people may have had their names, addresses and driver’s licenses exposed.
Data transfer is deeply flawed because typical data transfer platforms create copies. For example, say you take some photos while on a trip with friends and upload them to a cloud service to share with others. Well, you’ve just created copies that now reside with a third party. Then you decide to share them again, so you create yet more copies. Not only is this means of sharing data inconvenient and clumsy, but it also is not secure. It is the same whether you are sharing personal data with a friend or a business is sharing proprietary information internally or externally. It’s like you’re spreading your data all around, without any control or ability to get it back.
But you may say, well, what are my options? Not everyone is a cryptographer. And not all businesses can afford the cryptography expertise to program top-level security into their systems easily.
But what if developers without advanced cryptography skills could build advanced security into their systems? Security based on data mirroring rather than copies? With data mirroring, your data never leaves your hands. And when data is mirrored through a zero-knowledge platform using blockchain-based crypto key management, your data is so secure that not even the platform provider can access it.
It’s a simple idea: Keep what’s yours in your hands. The goal is to enable developers to build this into their systems seamlessly, ultimately to protect us as users with an invisible layer of security, without complicating the user experience. Security shouldn’t complicate the experience. What we mean by an invisible layer of security’ is that the end-users’ data sharing activities won’t be clunky or disruptive in any way. Ease of implementation is also something the Cryptelo Platform provides to developers, so they can add this vital security layer without needing advanced skills. But the ultimate benefit of invisible security is what is provided to the end-customer.
The Cryptelo advantage is clear: top-level security that is invisible to the user experience. It’s what we all deserve. When we came into existence in 2014, our focus was on our enterprise clients and we are proud to see that the business grew, with current clients in high-security sectors such as IT, banking, and law. Now is the time to take our vision to the next level and make our technology available to everyone. Unlike a lot of other ICOs, we already have a product with paying customers. Our goal with the ICO is to expand globally by building the infrastructure and converting our platform into an open protocol solution.
Another goal of the ICO is to make the Cryptelo ecosystem immediately functioning by charging for our product with the Cryptelo Token. That means our existing Cryptelo Drive service will be charged in CRL. Once the Cryptelo Platform is turned into open-protocol source code at the end of 2018, service users will be charged in CRL tokens. The Cryptelo Token is a native cryptographic project token, which gives participants the right to access multiple services on the Cryptelo Platform. We really believe in how cryptocurrency allows everyone to participate.
Security should be simple and it should be for everyone. That’s when we begin to democratise top-level security. Our vision is of a world where anyone can feel safe sharing anything. That world is just around the corner. For more information see: https://www.cryptelo.com/
