Topic: 📌 [ANN] 📈 [Pre-ICO] CloudFish - Disrupting Global Cloud Security 🌎 - page 9. (Read 4800 times)

CloudFish is using an approach to secure data that leverages the block-chain technology. Interesting Project !

Cloud storage is convenient and gives employees access to their data anywhere, at any time, on nearly any device, cloud storage security is a top concern for organizations’ IT and security departments. The benefits brought by cloud storage from scalability and accessibility to decreased IT overhead are driving rapid adoption at enterprises around the world, and there are steps that companies should take to improve cloud storage security and keep sensitive data safe and secure in the cloud.

Encryption is based on asymmetric cryptography, so there is a public and a private key involved. For each dataset present in the system, the owner generates a special public/private key pair and encrypts the data with the public key, while not giving away the corresponding private key.

CloudFish developed a security platform that enables companies and individual users to secure their assets stored in the cloud using blockchain technology. it use machine learning algorithms to automate threat detection and control before it becomes a risk to the security of users’ assets.

This an amazing project, I just glanced through their website and also the white-paper, this project has great attributes.i like the fact they are working​ towards giving your security team an unfair advantage over hackers.

I believe this business is very interesting and cool! Apperceptive results, classy results, riveting design.

I must say this is a project in its own zone, very interesting and exciting. More like hacker's trying to stop hacker's. Boy i know i am going to love this project to the fullest.
Off to look at the whitepaper.

Without any doubt, there is a lot of hype around crypto currencies. While the world is heading towards a cashless economy, a brand-new financing model called ICO (Initial Coin Offering) became the hot new thing in the unity. Investors are throwing their savings into token sales and initial coin offering (ICO). These crowd sales of crypto assets have gained a lot of traction.

Cloud application architectures are made up of elements of the three cloud reference models: infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) and software-as-a-service (SaaS). With IaaS, the cloud vendor provides only the physical or virtual infrastructure. From this level, the user is the administrator of the network and system infrastructure, applications and data. With PaaS, the cloud provider manages the entire infrastructure, including middleware components such as databases. The application and data content comes from the cloud consumer. SaaS means that a cloud provider provides everything from the infrastructure to the application — the cloud consumer only adds the data and accesses it.

When implementing cloud projects, security is one of the most important issues. It requires companies to identify and understand the risks inherent to digitization, public networks and outsourcing of infrastructure components.Companies still fear that their data is insecure with cloud systems.
Businesses are moving their data from on-premise servers to cloud. And second, as the block- chain assets’ market like crypto-currencies is getting traction, the business decision makers are planning to diversify their assets and invest in the crypto-currencies. The commercial security products and crypto-currency wallets available in the market today, rely on encryption-based security using a single private key that is stored either on a local computer or an external cloud server. If the key is lost, stolen or hacked, the digital asset is lost. This creates the need for an enterprise class solution that provides a more robust and unified security solution not only for the digital assets like documents, files, emails etc. but also for the crypto-currency assets stored in the cloud. Security breaches in external cloud servers, internal and external intrusions and hacking by individuals and foreign governments poses a critical threat to the enterprise data stored on commercial cloud servers. The security of the cloud server is managed by the cloud service providers and the companies have little control over the security of their data and no significant legal remedies if their data or crypto currency assets are compromised on the cloud server.

Cloud computing was defined by the US National Institute of Standards and Technology (NIST)
“a cloud computing as a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction.”

The main objective of CloudFish is to provide security and check risks and issues those are need to think about during deployment and development of services in cloud and the way how to mitigate those security risks and issues. However, it is significant to know that, cloud computing is not insecure primarily, it just needs to be managed and accessed securely

The basic thing that in the future it has provided the growth of the idea.  Good luck.

What a very dedicated project to establish security into the blockchain world. I strongly support this project

I predict because of the blockchain technology CloudFish-a key innovator in cloud security software built on blockchain will play a vital role for cloud security and the  team looks pretty good which is a mixture of blockchain technology expert and software giant having three decade experience.

CloudFish developed a security platform that enables companies and individual users to secure their assets stored in the cloud using blockchain technology. Instead of relying on a single private key stored on a server that can be hacked or stolen, CloudFish developed a unique technology that splits the users’ private security key into millions of fragments and store it in blockchain thereby making it impossible for someone to steal or hack the key. The dynamic construction of encryption keys using blockchain provides a fool-proof mechanism to secure the digital assets like documents, files, emails etc. and crypto-currency keys stored in the cloud.

The concept looks very interesting and singular your goals could give the investors a great reward when you achieved it... Now you gain a new follower!!

What a very dedicated project to establish security into the blockchain world. I strongly support this project

Blockchain is a technology that has many applications and holds vast promise for every business, society and individual person. Blockchain consists of blocks of transactions that allow the person to share digital ledger across a network of computers without the need of central authority. No single organization or party have the authority to tamper with your transaction records. CloudFish is using Blockchain in a very impressive way.

The main characteristic of Cloud computing is broad network access, which means resources can be accessed from anywhere through a standard mechanism by thin or thick client platforms such mobile phone, laptop, and desktop computer.