Place/Date: London - June 17th, 2019 at 7:29 am UTC · 3 min read
Contact: DigitalBank, Source: DigitalBank Vault Ltd
In 2016 this is what Barak Obama said: https://youtu.be/XBKTZwoFtsA.
After 3 years of intense development, his vision has been transformed into reality.
With Obama’s vision in mind, DigitalBank Vault ™ Ltd has developed a revolutionary technology in mobile phone & crypto storage, that provides exactly the same cybersecurity features described in the video.
DigitalBank Vault ™ communication devices are not storing and have no ways to store any data, files or information.
The DigitalBank Vault ™ Device is end to end encrypted -but not storing an encryption key, peer to peer based- but not passing through any servers so that there is no third party involved at any given moment.
If the device is stolen, seized or lost, no data can be retrieved by any forensic means, because it was never stored in the first place. It’s like breaking into an empty bank vault.
Of course, files and data can be stored: we have developed unbreakable solutions based on anonymous decentralized clouds and blockchain storage systems.
Using the same concept, we have developed the most secure crypto wallet available: a crypto storage solution that does not keep the private keys stored within its systems or any other servers.
You can find additional info on https://www.digitalbank.capital/
How does the device work? It’s such a revolutionary concept in cybersecurity, a completely new approach: the DigitalBank Vault ™ Device is accessed by a secret passphrase,invented by the user, this unique passphrase is used by our algorithms in order to create on the spot, encryptions keys, private keys, and public keys.
The keys created are encrypting the entire communication session (voice calls,text messaging, voice messages,files transfer), and are encrypting also the files uploaded to decentralized clouds and the blockchain and permit the secure use of the crypto wallet too, because private keys for multiple cryptocurrencies are also generated, in order to interact with the blockchain.
The keys are generated for a few milliseconds and then disappear permanently from the device. They are not stored on the device and will be again generated, on the spot, the same moment the user will insert his secret passphrase.
Nothing is ever stored on the device so that there is nothing that can be ever extracted from it. You lose the device, no data in compromised.
You just get a new device, insert your secret passphrase and start your confidential communication sessions or retrieve your anonymous files from the decentralized cloud.
Communication is Wifi Based only (cellular is totally unsecured), fully encrypted, passing through VPNs.
We developed the technology in full, including fully working prototypes and we are now raising some funds on Kickstarter, in order to start the production of the devices.
CEO, DigitalBank Vault Ltd
15-19 Bloomsbury Way, London WC1A 2TH, UK
International Calls & Whatsapp: +372 57347873
Contact Email: [email protected]