Functional analysis of blockchain security project
The system SetLocker comprises modules separately responsible for data entry, verification and confirmation. The project was based on Blockchain, which is accountable for receiving, processing and storing cryptographic hashes.
Technologies used
Blockchain
Tools
--
3
Project members
1
Project length
Blockchain
Category
Security
Branch
The challenge
The purpose of creating SetLocker is to secure wherever the need arises to collect, protect and process the most valuable resource in the modern world - information. It is suitable for securing data in financial institutions, insurance and telecommunications companies, and even protecting information as sensitive as medical data. In highly structured organizations, SetLocker enables full control over the circulation of crucial information and assures that unintended changes and deviations from the original do not occur in stored documentation.
Undoubtedly, one of the system's most significant advantages is the ability to verify the authenticity of documents irrefutably. Data protected by SetLocker can even be used as evidence in administrative and judicial proceedings.
.png)
The result
The SetLocker system is used to secure binary data using Blockchain technology. With it, institutions, companies and even individual customers can authenticate information stored in files of any type and size. The SetLocker system can be used to protect any relevant information from tampering and from unauthorized changes. This is because it allows you to determine objectively and reliably whether a given file is in unaltered form since it was secured, and thus - whether it is complete and reliable. The system also makes it possible to determine the historical origin of the document and the information added to it, indicating what user secured the file and when exactly this was done.
With a relatively small number of competing solutions and a wide range of potential customers, the product can occupy a significant portion of the market. SetLocker also fits perfectly into current market trends, related to the growing awareness of the threat of hacking attacks and the need to protect stored data effectively.
What kind of competencies are you looking for?
Contact me to discuss your requirements and build your dedicated IT team together with us.
Agnes
business development specialist
Quote a project! Get advice.
Let’s talk about your project
Drop us a line or book a short intro call — we’ll get back to you with the right people on our side.
E-mail usinfo@embiq.comBook an intro call (opens in a new tab)
Let’s investigate your project concept and its current status together.
Expect an initial project scope proposal, time and cost estimation from us.
The consultancy will be protected by the NDA.