Making Hacks and Breaches Things of the Past
For years, corporate CIOs have looked at the blockchain community, wishing they could harness that level of security. If they could then hacking and breaches would look very different today and may even be a thing of the past. The reason they have not harnessed it is because, despite it being 'Fort Knox' secure, it is not fit for corporate purposes: It does not scale, there is no storage capability and it functions sequentially - too slow for corporations. A cornerstone F1R3FLY product is data security. In a world where hacking is increasing annually, data assets have never been so vulnerable, particularly when being transmitted from one entity site to another. F1R3FLY brings the security of a blockchain into the corporation by setting up individual highly secure chains called Shards which protect stored data assets using the consensus algorithm approach of Byzantine Fault Tolerance. Because F1R3FLY is architected using Concurrent Computing, it overcomes the draw backs of taditional (block)chains.
F1R3FLY Smart Contracts
Contemporary cybersecurity systems have proven less and less effective in hindering the rise of cyber threats, malware, and system hacking. A far more robust system of data asset protection based on Byzantine Fault Tolerance (BFT) and detailed programmable access mechanisms at the individual level are required. Protection of data assets is more assured, and user access can be programmed at a granular level. F1R3FLY's Smart Contracts define the access to, and usage of, protected digital assets. They are a breakthrough innovation in granular secure access control. Byzantine Fault Tolerance security delivered at Crash Fault Tolerance speeds.
Enhanced Smart Contract 'Cap'abilities
F1R3FLY smart contracts have granular data access capabilities through programmable “caps”. The 'Caps' can control to smart contract so that access to data assets is policed in a variety of user definable ways. For example, Just-in-time access where capabilities are created and destroyed per data interaction; Context-aware permissions; Tim bound permissions; Specific permissions for specific access to specific data items.
F1R3FLY Protects Even If Security is Breached
Conventionally, hackers only need to get through one level of credential authentication to gain access to the entire estate, all applications and data storage arrays. If F1R3FLY is installed as well, the hacking will be stopped in its tracks.
F1R3FY works with a concensus based algorithmic authentiction system similar to a blockchain. All data assets can be protected because only users with the correct tokens and smart contract can create the simultaneous concensus of all points in the Shard. Even if the access credentials are hacked and the firewall is breached, the data assets can be protected by the F1R3FLY concensus based distributed chain. Similar technology has protected Crypto Assets for 15 years and F1R3FLY brings this to corporations.
Next Steps
Our team is ready to discuss any and all questions and explore with you how F1R3FLY can help to make what your organization does run even better. Click the button and we'll get in touch.