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CloudWallet.inc Connect your confidential data to the Blockchain cloud.

[한국핀테크포럼] 제6회 정기포럼

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Page 1: [한국핀테크포럼] 제6회 정기포럼

CloudWallet.incConnect your confidential data to the Blockchain cloud.

Page 2: [한국핀테크포럼] 제6회 정기포럼

Blockchain2.0Future Data Transaction PlatformBlockchain2.0

Page 3: [한국핀테크포럼] 제6회 정기포럼

• About CloudWallet• Current Challenges• Confidential data in the Cloud• What is Blockchain• Solutions• Case Study

Overview

Page 4: [한국핀테크포럼] 제6회 정기포럼

01 About

Simplify the development of next generation solutions

Using BlockChain

Applications on BlockChain

To make the future worldsecure and honest.

Bring in awesome features to your future solutions! CloudWallet.inc helps businesses to simplify the process of developing

their next generation solutions and applications on BlockChain. We are using Blockchain to

make the future world secure and honest.

Page 5: [한국핀테크포럼] 제6회 정기포럼

Transactions

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02 Current Challenges

A

B

A

B

C

C

D

E

Global scale Transaction

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02

Various Forms of Promises

Contract

Current Challenges

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02

Trusted Centralized 3rd Parties

Datalize & Store

Current Challenges

Page 9: [한국핀테크포럼] 제6회 정기포럼

Shared Single Source of Truth

02 Current Challenges

Page 10: [한국핀테크포럼] 제6회 정기포럼

03 Confidential data in the cloud

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03

Shared Single Source of Data

Confidential data in the cloud

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03

What are the security and privacy implications of these trends?

• Privacy – companies know a lot about us• Data security – a security breach exposes all our data

Confidential data in the cloud

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03

Encrypt data while it is stored on cloud servers

– but then how can they do

any useful computation on our data?

Confidential data in the cloud

Page 14: [한국핀테크포럼] 제6회 정기포럼

Trusted 3rd Parties?

➔ Cryptographic Security

➔ Operational Transparency

03 Confidential data in the cloud

Page 15: [한국핀테크포럼] 제6회 정기포럼

03

Secure Trustless

Distributed Data Transaction

Platform

Global scale P2P Public Ledger Storage

Cryptographic Proof of Work Protocol Powering Bitcoin

What is BlockChain?

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03 What is BlockChain?

Public key(address)

Private key(certificate)

34 characters starting with 1 or 3 representing a possible destination for the payment.

51 characters starting with 5required to transfer value from the address.

P2P Public Key Infrastructure (PKI)

Private Signing

Page 17: [한국핀테크포럼] 제6회 정기포럼

03 What is BlockChain?

Alice’s transfer to Bob

From

To

= Contract Date Broadcast(Sync)

TransactionsPUBLIC LEDGER

Blockchain Date Storage

Secure / Auditable / Privacy

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03 What is BlockChain?

Blockchain Date Storage

Confirmed

Transactions

Block Block In Progress

Confirmed

Integrity / Trackable / Transparent

Page 19: [한국핀테크포럼] 제6회 정기포럼

Atomic Consistency / Availability / Partition Tolerance

03 What is BlockChain?

Ledger

Ledger

Ledger

Ledger

Ledger

Ledger

Blockchain Distributed Network

Page 20: [한국핀테크포럼] 제6회 정기포럼

ID: 1AtFaRrPFiwm2xUYB2c41EdGgKPROAxydh

Programable

Function Start(){Echo “Hello, world!”;}

Alice’s transfer to Bob

From

To

= Contract Date

04 Solution

Smart Contract

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Weak Security

High level Security

Open eco*

Private Computing

Cloud storage

HDD Secure DB

Blockchain

Availability, scalability, Low-latency...

04 Solution

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Weak Security

High level Security

Open eco*

Private Computing

Cloud storage

HDD Secure DB

Blockchain

Availability, scalability, Low-latency...

04 Solution

Page 23: [한국핀테크포럼] 제6회 정기포럼

Centralized Decentralized

04 Solution

The Evolution of Paradigms

“To be safe, scalable, and efficient, networks must be re-architected to gradually shift from managing billions of devices to hundreds of billions of devices.”

-IBM & Samsung ADEPT Whitepaper.

Closed centralizednetworks

Open access networkscentralized cloud

Open access networks,distributed cloud

Page 24: [한국핀테크포럼] 제6회 정기포럼

can guarantee network openness with...

✓ Safe

✓ Secure

✓ Private

✓ Honest

✓ Global scale

Blockchain Network

= Cloud for Finance (or Distributed Trust system)

04 Solution

Page 25: [한국핀테크포럼] 제6회 정기포럼

05 Case Study

Centralized Trust 3rd Parties lets you store your private data in their storage.

– Certificate Authority(or bank and etc) has ‘master key’ so can decrypt all your data.

– A bug or security breach in C.A can expose all your data.

– Suffer possible corruption of 3rd parties

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05 Case Study

DropBox lets you store your files in the cloud.

• For efficiency reasons, if 2 or more members have the same file , DropBox doesn’t want to store it twice.

• For security reasons, it’d be nice if DropBox could encrypt your files on your computer (with a key only you know) and upload the encrypted version.

• In fact, on 6/19/2011, DropBox did have a bad bug, where they screwed up the authentication: you could log into someone else’s account without knowing their password (just enter any password, and you’re in). This exposed everyone’s files to the world.

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05 Case Study

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05 Case Study

UX / Means of Certificate? Data security, What we trust?

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05 Case Study

Page 30: [한국핀테크포럼] 제6회 정기포럼

THANK YOU

(주) 클라우드월렛경기도 성남시 분당구 백현동 560-1 H- www.cloudwallet.io E- [email protected]