The solution for cyber-theft is here!


Posted September 11, 2018 by izaccoin

Identity theft is a crime which haunts all of us and you without being aware of it could become a target of it.

 
Your credit card number can get stolen and then used to purchase illegal items, contraband, weapons, open fake accounts, etc. The government though tries its best to prevent identity theft from occurring their success rate isn’t as impressive.

Now as a countermeasure, firms are coming up which can provide identity management for individuals to prevent thefts of such nature from occurring. Different kinds of tokens are entering the market which is making use of the next generation of technologies to protect you!

New technologies are being developed which will protect your data from being stolen. Companies are coming up with new technologies one such being wherein the community has built a system where the interested parties and companies can develop “locks”. These locks are embedded with a token which will allow on the owner’s DNA to unlock them.

Such a method has been proven extremely helpful as they protect one’s confidential data from being stolen and used against them. Such a system is extremely helpful in protecting the identity management of government as well. This prevents secret documents from getting leaked or hacked into and does not give the enemy access to a country’s top secrets.

Now to tell you a little more about how this system functions. The human DNA contains 3GB of data approximately. With the help of compression and sequencing of selective base-pairs, these firms are able to reduce that size to a few KB of data. This data then is encrypted and added to the very end of the blockchain in order to create a token of such a kind.

Now in case you wish to transfer this token to a new individual, all you have to do is use the firm’s advanced algorithmic smart contract and decrypt it and a new owner’s DNA into the chain. This transfer of ownership is recorded in the blockchain in such a simple manner.

Once you add your encryption into the blockchain all of your personal data from your medical records to confidential government secrets all of these are heavily protected. Such a system provides you with cryptographic security, third-party validation and distributes your data storage across different channels.

The reason behind information being distributed is because it becomes very difficult for the hacker to steal your information if it is distributed through different channels instead of being accumulated in one particular location.

Contact us:
Australia
https://izac.io/
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Issued By izaccoin
Country Australia
Categories News
Last Updated September 11, 2018