Traditional infrastructure means key data becomes centralised in silos, protected under more and more complex layers of security, which eventually degrade as employees circumvent protocols in order to collaborate. Ironically, this focus on preventing data from moving leaves enterprises more vulnerable to breach or loss of control of their data, whilst also restricting the true value of the data to the business
Blockchain isn’t Bitcoin. Cryptocurrencies like Bitcoin are based on Distributed Ledger Technologies (blockchain) for their inherent security and immutability, so at Gospel we’ve taken the premise of blockchain and built our own unique enterprise-ready platform on top for one purpose only – safely distributing data.
Isolated, centralised infrastructures
Public cloud storage
Mass data breaches,
No data integrity,
Unlike public blockchains, the technology used in Gospel is based around strictly limited access to nodes containing one identical copy of data and removing highly inefficient and energy sapping proofs, whilst maintaining the effective consensus security.
All blockchains work across a distributed network of nodes to provide a level of objective agreement. No one party is trusted and any transactions or access must be approved by the overriding agreement of all other nodes. This simple principle known as Byzantine Fault Tolerance is so effective it means security in Gospel is built in at the data layer.
Once something has been written to the blockchain (hashed) it cannot be removed. Thus it provides a traceable, auditable, trackable record of all and any transactions in whatever form have ever occurred on that chains data, and reflects a true and trusted world state at any point in time.