As you know, $XGS is developing an online storage platform where users can store, upload, download and transfer files securely and privately.

But have you considered the reason why it’s great differentiating factor is security and privacy? Do you really know why a guarantee of anonymity and security for our archives in a platform is so necessary?

Let’s see where we are and the simple answer as to why this platform is in development.

INTERNET PRIVACY

According to Wikipedia: Internet privacy refers to the control of the information held by a certain user who connects to the network, interacting with various online services with which he exchanges data during navigation.

Using the Internet is not an anonymous activity!!!

Most people believe that surfing the Internet is an anonymous activity but in reality, it is not. Virtually everything transmitted over the Internet can be archived and traced through resources such as cookies, including messages in forums, files that are consulted and the pages that are visited. Internet providers and site operators can collect this information and hackers can get access to your computer.

PARTICULAR USES:

With this in mind , it is worth not taking the value of privacy for granted and instead, stopping and wondering why it is important. Some people think that if you are not doing anything bad or illegal, then you do not have to worry about being watched but having privacy means having an area free from observers.

Privacy provides security and allows us to protect ourselves, free from intrusions and outside viewers. Privacy favours creativity, independent thinking and personal development.

The more access and information the others have about us, the more vulnerable we are to them.

ENTERPRISE USES:

By helping to preserve corporate secrets, privacy protects business competitiveness. It also protects people from discrimination.

In many countries the privacy of business information is even regulated by law, so that companies cannot provide data to third parties about their customers, employees or even contracts they have signed with third parties.

YOUR DATA SECURITY

Data security refers to digital privacy protection measures that are applied to prevent unauthorized access to the data contained in our files.

Whether at a personal level or at a professional level, we must take measures that enable us to defend ourselves from the theft of files with sensitive or private information.

PERSONAL USES:

None of us want our private files to end up being copied by any unknown attacker. Probably their best point of entry is through the hacking of a platform with millions of users. For example, the DROPBOX hack already mentioned in other articles, where 68 million accounts were compromised.

In fact, there are so many attacks of this type, that there is a website to inform you if your email address appears on any of the sites that have been successfully hacked in the past, so that you can change the passwords and correct them as soon as possible. You can visit it here: https://haveibeenpwned.com

ENTERPRISES

Sniffing and snooping are not the names of any cartoon characters, they are two different techniques that pursue the same objective: to access a victim’s computer and electronic devices, specifically those where their email accounts are configured, such as dropbox, drive, cloud storage, etc and copy the data from them. Both behaviors are used for industrial and business espionage.

Don’t forget also, that in many countries there is serious legislation in place regarding access to customer data or suppliers by third parties, with fines of up to 4% of the annual turnover of companies who do not properly protect their data.

HOW DOES GENESISX CONTRIBUTE TO SOLVE THIS SITUATION?

XGS is creating an online storage platform where users can store, upload, download and transfer files safely, securely and privately.

Its great differentiating aspect is to be able to offer that private and secure environment, including real-time chats.

These are the extra security measures that XGS offers:

• Point to point encryption (Most do not offer it).

• 2FA

• File password protection.

• Hacker proof platform.

• XGS will also create its own improved version of the Zerocoin protocol.

• XGS coin:

o Clamps down the size of coin transaction to below 1 kB

o Keeps the time on spend-transaction verification to under 6ms.

o Enables anonymous transactions to be done in variable amounts.

o Covers transaction amounts, as well as the coins kept by users .

o Allows payments to be sent directly to a fixed address without any user interaction.

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