Providing Peace of Mind with Innovative Security Measures
Over the past few years, cryptocurrencies have provided innovative solutions to the vast array of problems generally faced by traditional currencies. With the launch of Aeryus — the first complete, blockchain transactional network, for digital currencies — the founders have provided a new solution to one of the biggest problems facing currency users today — effective security.
When people were first encouraged to take their life’s savings out from under the mattress and deposit them in banks, the reasoning was clear — banks were safer. That was true until banks became interconnected global entities and everything turned digital. Suddenly, what seemed safe became porous as can be. Banks were only safer when your money was just that stuff that jangled in your pocket. When your money is bits of digital information changing digital hands, you are subject to all kinds of problems.
Having your funds in a central institution means all your account details, all your personal details, the records of all your transactions, and who you trade with, are available to anyone clever enough to hack your account. And these days, that’s a lot of people.
· Just this week, we learned about a philanthropist who generously sent a $300 check to what she believed was a legitimate charity. More than $20,000 was pilfered from her account, and her bank told her they wouldn’t do anything to help her. Does that sound like a place where your money’s safe?
· A researcher looking at information publicly available from Venmo was able to view details of a cannabis transaction, and track a married couple’s individual financial dealings that were secret from each other. Does that sound like a place that’s safeguarding your data?
· Every one of us — EVERY ONE OF US — has received an email from a bank, or credit company, or payment service, or insurance company, or big box store, telling us our data “may have been” compromised. Does that sound like giant, centralized repositories of our most vital and guarded secrets have our interests at heart?
While blockchain technology is inherently more secure thanks to the decentralized way data is stored, Aeryus has perfected security with its two-coin system of documenting transactions and through its trademarked Aeryus FirewallAI.
First of all, a two-coin system turns every transaction into a secure and immutable contract — called “non-fungible” in financial terms (a fancy name for distinct and not able to be duplicated). The two parties in a trade have security in knowing the chain contains the information that makes their contract transparent (therefore, legitimate) and that they individually control the exact, encrypted details that make it private.
Aeryus FirewallAI is a revolutionary use of artificial intelligence that clamps additional layers of security on top of what blockchain offers. The AI not only learns about your spending habits through Aeryus, but learns how to predict future behavior. Should fraud even be attempted, Aeryus FirewallAI stops it cold.
One concern that users might have with an AI backed firewall is the fact that it would take a while for it to gather the information and data needed to learn customer behaviors and effectively prevent fraudulent transactions from occurring but, over at Aeryus, steps are being taken to train the AI in order to ensure that network security is flawless from the get-go. Whenever the AeryusAI detects a fraudulent transaction occurring from your wallet, it’ll immediately stop the transaction and send you a notification informing you of the incident.
The transactional monitoring built into Aeryus FirewallAI enables fraud protection for all users of the network, safeguarding not only the purchaser but the merchant as well. Merchants have peace of mind knowing a charge will not bounce back in their faces, along with hefty penalty fees.
The top tier AI backing Aeryus’ firewall, paired with the decentralized nature of blockchain, makes for an impenetrable security system in which your wallets and transactions are completely secure.
Learn more about Aeryus by visiting their website www.Aeryus.io and joining their social media channels:
