Cryptelo CRL ICO: Encrypted Data Sharing & Storage Network?
Cryptelo aims to reinvent data sharing by offering encrypted data sharing as a service. Find out how it works today in our review.
What is Cryptelo?
Cryptelo, found online at Cryptelo.com, is a platform for encrypted data sharing. The platform aims to solve a crucial problem in today’s data sharing ecosystem: when you send data today, it always needs to go through a third party. Those third parties include cloud services like Dropbox or email services like Gmail.
With Cryptelo, your data never leaves your hands. You can selectively share it with anyone without relying on a third party.
The token sale for CRL tokens is underway until April 2018.
How Does Cryptelo Work?
Cryptelo’s core function is to act as a zero knowledge storage platform for data. This platform allows users to share end-to-end encrypted data with other trusted individuals. Your data stays in one secure place at all times.
Core functions of the platform include:
- Data Stays in One Place: Your data is held in an encrypted location at all times.
- Shared Not Sent: Your data is never actually “sent” to a third party; instead, it’s just shared using data mirroring.
- Secured Direct Sharing: Cryptelo facilitates secured direct sharing using blockchain-based key management.
- Easy to Implement: Cryptelo has designed their platform to be easy to implement into any other platform.
Overall, Cryptelo sees itself as different from other secure data sharing platforms because it uses blockchain-based key management and encrypted storage to ensure data leaves your hands. Not even Cryptelo can access your data – which can’t be said for existing solutions like cloud services.
The Cryptelo platform is a proven concept that is already in use by the company’s clients “in high-security sectors”.
Who’s Behind Cryptelo?
Cryptelo was created by a team of leading cryptographers and security experts. The company is led by Dr. Vlastimil Klima, best known for being the brain that successfully broke the SSL protocol.
Klima has 35+ years of professional experience as a cryptographer for the Federal Ministry of Defense as part of Czech National Security. He has led government and commercial projects, including the creation of the world’s first on-the-fly encryption system for Windows 95, 98, NT, and 2000.
Other listed members of the team include Martin Baros (CEO) and Jiri Zuna (CTO). Advisors include Jeff Burton (Strategy Advisor), Philip Staehelin (Strategy Advisor), and Cedric Maloux (Advisor to CEO).
Cryptelo is headquartered in the Czech Republic.
Use Cases for Cryptelo
Cryptelo aims to provide secured data communication for all different use cases, including all of the following:
- Social
- Cloud
- Medical
- M2M
- IoT
- ICOs
Overall, Cryptelo empowers developers to provide maximum security to their project or company without needing to be a crypto expert.
Cryptelo Features
Cryptelo emphasizes all of the following features:
Bulletproof Key Exchange:
Keys are created and stored only on the user side.
Homomorphic Encryption:
Specific data operations are processed without decryption, which means sensitive information cannot be leaked.
Easy to Implement:
Cryptelo has an open protocol ready to implement into any program, which means companies and teams can implement top security standards without needing to have deep encryption knowledge.
The Cryptelo CRL ICO Token Sale
The CRL token sale is scheduled for January 15 to March 5, 2018 (closed pre-sale) and March 15 to April 15 (main token sale).
Of the total supply of tokens, 25% is reserved for the company, 20% for the closed pre-sale, 30% for the public sale, and 25% for bounties.
Cryptelo CRL ICO Conclusion
Cryptelo provides data encryption as a service, allowing companies and teams to implement high-level security without needing to be crypto, encryption, or security experts. The token sale for CRL tokens is underway until April 15.
To learn more about Cryptelo, visit the company online today at Cryptelo.com.
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