Embedding Security with Product Design and Decentralized Storage
Blockchain technology is rapidly advancing in today’s digital era, and with it comes new challenges that businesses must face. In the latest interview with Authority Magazine, CEO Saswata Basu of Züs emphasized the importance of integrating security into product design and development within the decentralized storage and blockchain realms. As Basu explains, this integration is crucial in ensuring the safe and secure use of blockchain, which is critical in today’s data-driven world. His insights shed light on the complexities of product design and decentralized storage and offer valuable advice for businesses navigating this innovative field.
The article has a lot to offer readers, and this quick excerpt below gives just a taste of what is to come. From informative insights to provocative perspectives, there is something for everyone in this piece.
What are your “5 Best Practices For Embedding Security in Product Design and Development”?
Safeguard the application and customer Data with product design and decentralized storage.
1. Safeguard the application and customer data by storing it on a blockchain storage network since if it’s set up properly, it is the most secure and resilient storage. Use GoSDK or JSSDK to fragment and store data on dStorage using examples of how a web and mobile app can incorporate the SDK in uploading, downloading, and sharing data.
Protect the backup using Blimp for decentralized S3 storage.
2. Protect the backup using Blimp for decentralized S3 storage (dS3). Since there is no code required, this can be set up in a few minutes and any organization should be able to do this basic step. This way in the event of a breach or disaster, there is always a place to restore the data and readily visualize its contents.
Users’ ability to control their own data.
3. Allow users to control their data on the app so that they have access to their data and complete transparency of their data location and how it is protected at all times. This way even if the app is hacked, the user data is protected and privacy assured. This also protects the app from any GDPR liability risks.
Proxy re-encryption protocol
4. If the app were to keep the data safe for the user, then it should encrypt it and allow the app to access it along with the content owner and whoever they want to share the data. This can be done easily by the use of proxy re-encryption protocol and the use of public encryption keys of the users.
Immutable Customer Data
5. Make customer data immutable so that anything they upload cannot be changed or deleted. The app can maintain different versions of changes made to a file. This can be easily done by just setting the allocation immutable using GoSDK on dStorage.
The 5 best practices to safeguard your application and customers can be summarized as fragment, encrypt, and make your data immutable, backup in dS3, and let customers control their data.
The future of Product Design and Decentralized Storage
Learn about Basu’s unique journey and his pioneering work at Züs, shaping the future of secure, decentralized data storage. This interview is a valuable read for anyone interested in the cutting-edge intersection of cybersecurity and blockchain technology. Do not miss this opportunity to dive deeper into the mind of a visionary leader who is shaping the future of blockchain technology.
Whether you are looking to expand your knowledge on a product design and decentralized storage or simply want to stay up to date on current events, this article has it all. So why not dive in and see for yourself what all the fuss is about? We guarantee you will not be disappointed. Check out the full article here: Saswata Basu on Embedding Security in Product Design and Development.
Blockchain Updates:
The blockchain team has accomplished numerous tasks and milestones this week. Key activities include:
- Successfully repaired the authorizer node recovery conductor tests and integrated these changes into the Continuous Integration (CI) system.
- Added support for Bancor-supported ERC tokens swap: ETH, BNT, USDC, and native swap wZCN.
- Reviewed and integrated staging Pull Requests (PRs) concerning authorizer node recovery and support for minting specific burned Ethereum hashes.
- Conducted successful tests of NFT contracts on the Polygon mainnet, confirming functionality with OpenSea and Rarible.
- Engaged in research on Bancor v3 bridging fees.
- Collaborated on authorizer node recovery fixes and the application of tenderly in conductor tests.
- Provided assistance in resolving various issues, including UI, graphnode for DEX, authorizer diagnostics, mint fee, Android BLE, web flow implementation, BLE iOS, Chalk deployment, and Stripe testing.
- Executed tests on Blimp functionality.
- Carried out testing of Stripe in Chalk and Chimney.
- Confirmed successful NFT creation and trading in Chalk.
- Tested the buy/sell functionality of ZCN on Bolt DEX.
In addition to these tasks, the team has merged several core PRs:
- PR #2935: Implemented node-recovery 03 workflow. View PR #2935
- PR #2939: Added default config for challenge. View PR #2939
- PR #2938: Applied tablespace changes to benchmark tests. View PR #2938
- PR #2925: Conducted conductor rollback tokenomics. View PR #2925
- PR #2926: Added authorizer network change in conductor test. View PR #2926
- PR #2941: Fixed conductor config for auth test. View PR #2941
- PR #2944: Fixed total reward. View PR #2944
- PR #2936: Implemented feature download verify conductor test. View PR #2936
- PR #2943: Added challenge blobber owner step. View PR #2943
- PR #2934: Auth node recovery conductor test. View PR #2934
- PR #2945: Updated ZCN config for node recovery. View PR #2945
- PR #2949: Fixed zcnsc max fee config. View PR #2949
- PR #2950: Addressed challenges. View PR #2950
- PR #1315: Improved download performance (blobber). View PR #1315
- PR #1312: Added new db snapshot migration (blobber). View PR #1312
- PR #1323: Added status mutex (blobber). View PR #1323
- PR #1321: Added file stat (blobber). View PR #1321
- PR #1322: Fixed loop break (blobber). View PR #1322
- PR #1324: Fixed blobber stats panic (blobber). View PR #1324
- PR #1241: Fixed parse hostname error (gosdk). View PR #1241
Incorporate security within product design and decentralized storage.
Navigation the digital realm is complex, and yet it is essential for businesses to safeguard their customers’ data. For that reason, stakeholders must strive to incorporate security within product design and decentralized storage, as Saswata Basu of Züs emphasizes. It is critical that businesses adopt ethical practices in keeping with this new technology in order to ensure a safe environment for all users. In light of this advice, businesses can take immediate steps to ensure product safety designs are meeting customer standards and expectations, which ultimately leads to better customer trust and loyalty. Join us now in embracing the promise of secure decentralized storage by educating yourselves on its innovative potential and potential risks.