👋🏻 Hello. In this post, we will tell you how we will protect the confidential information of users in the DSF social network and payment system.
❗️ Security is the most important part not only in social networks but also in the payment systems. Due to a large number of leaks on social networks, there’s a big doubt in users’ safety. All users care about is the confidentiality of their information and no one wants to use a social network, which is also a payment system, if their data can leak, or be stolen.
❓ How does DSF solve the security problem
🔹 Blockchain technology provides a very high level of security. Of course, some financial data will be used outside the DSF blockchain. But we are developing an interface that will allow entering data using the DSF smart contracts safely, and for more successful completion of operations, contacting the data of social relations in DSF.
🔹 The node will be able to process information from already reliable APIs into a format that can only be read using smart-contracts and can also be connected to any other API, whether it’s the Internet of things, or another blockchain.
🔹 In addition, DSF uses technology that will be securely transferred to smart contracts to confirm or cancel a transaction. This protects confidential information because all actions will take place in a trusted DSF environment, which guarantees the security of users.
✅ Thus, DSF will be able to ensure data confidentiality, transaction security, and protect users from data leaks using blockchain technology and its own distributed oracle.
📢 Read more about the DSF here: https://dsft.io/
