BlockchainSpotlight

Goldilock’s CEO Explains Goldilock’s Vision and LOCK Token

Goldilock is a blockchain-based platform which is focused on improving the way sensitive and personal information is stored and shared across the internet. In order to get a better idea of what Goldilock is and what benefits it provides to its users, BlockPublisher got in touch with the Chief Executive Officer and co-founder of Goldilock, Jarrod Epps.

The vision of Goldilock according to Jarrod Epps is to transform the way the data is stored and shared on blockchain by providing more security, speed and services etc. Talking to BlockPublisher he said,

We built Goldilock with the goal of transforming the way sensitive data is stored and shared across blockchain and the internet. We are working on partnerships in a number of industry verticals including crypto custody (funds, exchanges, wallets), identity (blockchain-based, sign-in keys), banking (account management, signature allocation for wire transfers), credit, healthcare record management, escrow, digital asset distribution (movies, music, software), and government (application to voting machines, property, financial records)

He continued on saying that the use cases that Goldilock are nearly endless.

The native token for the project is LOCK token. The Lock token provides a secure way to operate on the Goldilock platform as it proves to be both, a gateway and an auditing mechanism. The LOCK token would provide the users with a ledger for their node activity on the blockchain and their data would be secure because of the state of the art data encryption which would lock the data away from everyone, even the Goldilock team wouldn’t be able to access it. Further explaining the utility, he said,

When the user is granted access using LOCK verification functionality, the node will write audit information to our own Private Audit Blockchain. These audit entries will ensure that every time your private key is brought online, this access is written to immutable storage that can be queried and viewed from the Goldilock Wallet.

The co-founder seemed pretty positive to contribute to the blockchain and the use cases where Goldilock would be able to add their utility. The advancements which are being made in blockchain are so rapid that it is exciting to see where the technology takes the startups and increases their utility.

Blockchain technology is thrilling. The transformations which will take place across finance, healthcare, personal identity, ownership rights, voting, veracity of goods origin and transport – the list goes on and on.

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Shehryar Hasan

Performing artist, guitarist and sub-editor at BlockPublisher. Shehryar is an electrical engineer and blockchain enthusiast. He holds investments in bitcoin, ethereum, OST, TRX and Ripple. Email: shehryar@blockpublisher.com or contact the editor at editor.news@blockpublisher.com

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