With governments across the world attacking encryption and stating the need for weak or breakable versions I wanted to share a vision for a world with better security. This future is powered by the blockchain of any cryto-currency, my favorite being RubyCoin [Ticker: RBY].

Overcoming Static Private Keys

Cyrpto-currencies and their blockchain’s offer an amazing solution to utilizing non-standard, dynamically-set private keys for encrypting any store of information securely. A blockchain-enabled private key solution entails three pieces.

((block * (file_size * random_number)) / current_timestamp) + transaction_hash = Private Key

If a blockchain processes a new block every 10 minutes, this gives the key 600 unique possibilities during that block based off of time alone. Mix in the file size computation and a transaction hash for paying the encryption fee, and you have a extremely unique private key that is displayed to the user for reference. A generated key is never stored remotely.

Processing Encryption with Micro-transactions

Crypto-currencies provide an extremely easy way to handle micro-transaction payments. By providing a blockchain-powered encryption solution, any person in any part of the world can take part of their favorite coin’s network by strengthening it’s economy through a pay-per-encrpt structure, while strengthening personal security.