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Both enterprises and individual Internet users put a heavy focus on cloud-based data storage. There’s also a growing number of applications that run on the cloud to gather, process, control and sell data for business operations. It’s safe, convenient and agreeable when it comes to the medium-priced services. However, all that comes at the price of security: migrating your personal data to the cloud may compromise the integrity and privacy of your information sooner or later.
## Imperfections of modern storage options
The truth is that most cloud storage solutions are imperfect and pose the risk of data breaching. Hackers find new ways of breaking into the most secure databases, and only a few cloud storage providers keep tabs on new security threats to mitigate them in a timely manner. There are five basic security threats to enterprises:
- Vulnerabilities due to hacker groups performing remote attacks.
- Denial of service attacks.
- Internal danger from non-competent or malevolent employees.
- Viral threats posed by malware and viruses.
- In-the-middle attacks and surveillance inception.
## Every cloud has its silver lining
However, not all cloud storage solutions are created equal. While cheap cloud solutions come for $5-10 per month per user, the cost of premium services can reach as much as $40 - $80 monthly! What do we pay for in such case? For advanced security technologies which include:
1. Data leak prevention and software for analyzing threats. These draw to zero the insider threats and data loss because of human errors.
2. Cloud Security Gateways that monitor and control the access level on cloud application services.
3. Multi-Factor Authorization that verifies user’s personality and block access for unauthorized users.
4. Antivirus software.
5. Firewalls and Partitions that check the incoming traffic and don’t let hackers access confidential information.
Additionally, services introduce encryption and tokenization with private keys to protect the assets. Together, all of these techniques make the cost of cloud storage soar.
## Cryptyk – alternative approach to data storage
What is the main problem of cloud storage? Centralization. Since the data is constantly being stored on one platform, it can sooner or later be compromised. Cryptyk is a blockchain project which means the main underlying principle of information storage is decentralization.
What does that mean?
The blockchain is based on the principle of multiple nodes participating in data exchange. The same blocks of encrypted data are distributed over several servers\computers and can be decrypted by authorized users only. Even the provider of the storage space (server or personal computer) cannot access this data. Blockchain-based data storage sets the new milestone in the modern way of data management. Today, it’s considered to be one of the safest approaches to information handling.
### How can I use it?
Cryptyk is suitable for both individual and corporate use – it offers multiple solutions tailored to different businesses and tasks. The platform is designed for:
1. Data management and storage.
2. Sharing and editing of files.
3. Controlling user access.
4. Management of emails.
5. Data compliance.
Cryptyk is good for real-time data management and can serve as a convenient multi-user ecosystem. Enterprise and individual users can also benefit from incentives: Cryptyk rewards contributors who process data for the participants, for instance, by verifying ID, uploading and sharing files, keeping tabs on data integrity and ensuring secure access for users.
### How it differs from the rivals?
Of course, Cryptyk isn’t the only blockchain-based data-storage solution, but it ensures faster data processing: while major blockchain storage solutions display latency of 10-20 seconds, or even several minutes, Cryptyk users witness less than 200msec latency, as well as reduced risk of hackers’ attacks. Additionally, they can use a more diverse range of file types.
We should also mention the revolutionary file slicing technology deployed by Cryptyk. When a user uploads his file, it gets encrypted, divided into an indefinite number of pieces that are encrypted again and stored on several separate devices (providers). Such way of data distribution makes hacking an impossible task! It means no one can steal\edit\delete your files, no matter what kind of file and file extension you uploaded.
Cryptyk relies not only on the latest generations of the blockchain, but also a few of its proprietary technologies. What are they? The hybrid architecture of Cryptic can be divided into several sections depending on the features provided:
1. Vault encrypts files and maintains file sharing.
2. Passport platform controls user access sessions and data transaction.
3. Codebook is the database map (here, the logs, transaction data and encryption keys are stored).
4. Command is the interface for data management, as well as security policies, and data permissions.
5. Sentry is the driver of the whole platform: this engine integrates the elements and reinforces security policies, incentives, settings and the token distribution.
The combination of unique technologies makes Cryptyk an advanced storage solution with an unbeatable level of security.
## Conclusion
Despite the fact there’s a large number of the similar blockchain-based platform, Cryptyk offers a solution that can rock the boat of traditional data storage approach by offering the whole gamut of interesting techniques. The project is to be launched soon after the public ICO. The team have already managed to reach the minimal crowdfunding goal of $3 mln, and are gradually moving onwards to reaching the hard cap. If you have an extra $1,000 to spare, make an investment – this is the minimal personal cap. Payments are accepted in ETH, BTC, and USD, so you can select between fiat and virtual currency.
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[Web](https://www.cryptyk.io/) | [Whitepaper](https://www.cryptyk.io/files/Cryptyk-Technology-White-Paper.pdf) | [Telegram](https://t.me/cryptyk) | [Twitter](https://twitter.com/TeamCryptyk) | [Facebook](https://www.facebook.com/cryptyk/) | [Blog](https://www.cryptyk.io/) | [Bounty](https://www.cryptyk.io/bounty/)
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