Introduction: the importance of data security and protection in this day and age.
Given that a bulk of communication today is conducted within the webspace, an essential requirement for anyone engaged in online exchanges becomes data protection. There is always a possibility that one’s private data can be acquired by unethical means and then used and manipulated to benefit fraudsters.
According to McKinsey,75 percent of experts across various industries view cyber risk to be a significant concern.
There is much concern about how data is exchanged and apprehension about third parties’ unquestioned acceptance to entrust them with personal information. Fortunately, now there is the technological possibility of systems that deal effectively with these worries by employing encryptions that strictly keep the exchanged data between the parties engaged in the process.
The necessity of leveraging public-key cryptography arises because of sensitive and private information on the internet and the urgent need to protect them from falling into the wrong hands.
The importance of zero-knowledge protocols.
Public-key encryption uses asymmetric keys to encrypt and decrypt messages to ensure cybersecurity. Asymmetrical encryption is considered better because it prevents a user’s private-key from being compromised and yet doesn’t hinder the receiver from successfully decrypting the message with the public-key they already have. This process of the zero-knowledge protocol transfers data and verifies reception and possession without putting the owners in danger as a target of unscrupulous external parties out there on the Internet. The process mentioned makes sure of the reception of particular knowledge without revealing the exact nature. Online communication is always in need of such validation of proofs.
Why is public-key cryptography used to validate proof?
To find reliable software to guide the exchange processes taking place online is an essential engagement of all organisations functional today. Having the guarantee that what is sent over a particular network remains within that and doesn’t get tampered with is the primary concern.
ProofEasy, a beneficial product from RightCliq Solutions, uses similar technology to help people have safe transactions over the internet. They are committed to eliminating counterfeits and prevent fraudulent practices. To this end, they employ VeriDoc Global, a patented QR verification solution that uses Blockchain technology for the same purpose of transparency and prevention of deception and fraud. They take the responsibility of arming users with the dual necessities of privacy and reliable data security.
They also make custom integration possible, which essentially means that the solutions offered will be fitting within the client’s particular firewall and network. What if there is a desire to store detailed documents on personal servers? There is the option to integrate their platform with one’s existing cloud infrastructure or to go for API integration to secure the said documents within one’s system. Hence, the way public-key cryptography is used to create zero-knowledge proof by ProofEasy is a simple drag and drop solution to the omnipresent problems of data security and integrity.