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/biz/ - Business & Finance

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8055419 No.8055419 [Reply] [Original]

I'm working on something. My coding is rusty, but it shouldn't take too long to get up to speed.

It's crypto, but if the coins were hollow containers. It creates a set of "keys" that are contained separately within wallets, generating at least one key per coin. The "coins" are essentially a firewall around whatever digital asset that you put inside of them, and they are both inaccessible without permission from the blockchain and cannot be opened without the "key". There is a limit to what can be contained in each coin, but multiple coins can be essentially woven together to create a larger cache of data. You can put literally anything you want inside of this cache with the knowledge that it's inaccessible without access to both the wallet and the keys. You can put something valuable into one cache in one wallet, the keys into another cache in another wallet, stick both those wallets into a third cache, and keep the key to that cache in yet another wallet.

The underlying value is that you can secure digital assets in a truly unprecedented way. Would /biz/ be into this?

>> No.8055465

Kek

>> No.8055477

>>8055465

?

>> No.8055516
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8055516

>>8055419
Walk me thru a use case

>> No.8055621

>>8055516

Let's say you're a corporation with some files on trade secrets that you want protected. You buy a coin and it's key, and that goes into a wallet on your server. You put the files into the coin and keep that in the wallet. You move the key to another wallet, and put that wallet onto a secure device that isn't connected to anything. So long as you can maintain the security of at least one of those items then your trade secrets are essentially untouchable.

To retrieve the data, add, or modify it would involve a procedure similar to opening a bank vault, with relevant personnel opening the wallet with the key, taking out the key, opening the wallet with the coin, and using the key to open the coin and retrieve the data.

Additional keys can be generated with the key inserted into the coin.

>> No.8055970

Pay-per-edit, with edit secured on keys?

Your thirty seconds is successful and my interest is piqued. How can we get Uncle Sam to pay us shitloads? That should be the objective of a worked white paper

>> No.8056002

If you work with trade secret data you have to use it often, no? It would be troublesome to constantky open the vault.
Also why do you even need a (public) blockchain for this? You can just encrypt the files with whatever encryption you want.
If there is some use for having this secret data on public chains (implying some kind of economy revolving around this data), how would anyone aside from the original owner know that what is inside a coin is the thing the owner claims to be?

>> No.8056054

>>8055970

More pay-per coin, though they would be mined in large blocks and sold privately rather than on an exchange, at least initially. What you would be buying would essentially be a unit of storage that, in theory, is recyclable, so what you're really paying for is the storage capacity. My thinking is that governments and major corps would be the first buyers along with infosec and privacy advocates, with a broader consumer market eventually following.

>>8056002

You could open it up in the morning, take it out to work on, and lock it up after hours. There would be a period of vulnerability, but that's extrinsic to the system and more on security protocols implemented and enforced by the buyer.

Doesn't matter what's in the coin as far as the blockchain is concerned.

My vision is a uniform standard available to govs, ngos, and private citizens, hence a blockchain. Plus a blockchain offers an extra layer of security.