Since the genesis block back in 2009, the bitcoin and blockchain technologies have paved the way for a new decentralized society where cryptos will increasingly enable the business transactions at the core of every ecosystem.
Without a trusted third party, millions of tokens will interact, ensuring payments for drone deliveries, robots, and any other connected device.
The construction of this new economy is another paradigm shift like some that happened during the last 50 years.
From the hyper-centralized approach with the mainframes dominance in the 1970s to the birth of the PCs, the Internet of data, and the mobile industry, today's paradigm will bring a new economy with Blockchain at its center.
A new world has erupted in less than a decade with the web 3.0 companies innovating to build a safer, faster, and fairer financial system.
However, this new world must cope with several challenges, such as the Proof of Work protocols' energy consumption, ease of use, scalability, and security breaches.
The crypto industry made a lot of progress in all areas, like the lightning network outperforming the Visa payment and the Mastercard’s networks combined. In addition, the future Proof of Stake protocol from Ethereum is coming soon, reducing the energy consumption by 95%. However, significant vulnerabilities are still pending before we enter the era of massive crypto adoption.
The theft of assets is one of the most critical security issues the crypto ecosystem must cope with. There are solutions to handle the private keys better or develop smart-contract applications, primary sources for crypto hacks. Still, there are no solutions to preventing crypto theft in a real-time environment.
CyVers proposes additional security to protect your assets and make the blockchain world safer for Financial Institutions, Crypto-Exchanges, banks, and consumers.
CyVers is one of these web 3.0, innovative AI-based companies that innovate in the crypto security area contributing to the massive crypto adoption!
Identifies patterns and anomalies across blockchains in real-time for proactive mitigation.Book a Demo