Business

Exposing a Gap in the Blockchain Economy – Even Security Guards Need Security

Published

1 year ago

October 24, 2021

Blockchain has made a name for itself by bringing a near fool-proof level of verification to the age of the internet. This is due to the unique way blockchain stores data: Essentially, each new block of data connects to all the blocks before it in a cryptographic chain in such a way that it’s essentially impossible to tamper with. All transactions within the blocks are validated and agreed upon by a consensus mechanism amongst the entire network, ensuring that each transaction is verified and correct.

All of this is true and has stood the test of time thus far. Blockchain has created an impenetrable fortress around the trading of digital currencies and assets, and because of this, trillions of dollars have been traded in this emerging economy. That being said, security is only as valuable as its weakest link. You can fortify your house all you want, when someone has the key to your front door, they’ll walk right in.

In the first six months of 2021 there was a reported 700% increase in SMS phishing compared to the year before. According to a recent Coinbase Security Team article, financial fraud using smishing, a form of phishing that uses mobile phones as the attack platform, is now one of the most used cyber-attacks against cryptocurrency traders. The decentralized nature of blockchain transactions is both its greatest strength and biggest threat in this way. Since there is no governing entity who can reverse a crypto transaction once it has been recorded on chain, malicious actors see this as a prime target for all kinds of phishing attempts to get access to your private key or trading account. With the rapid global adoption of crypto and NFTs we will certainly continue to see an uptick in phone number spoofing and fake 2FA messages.

With this in mind there is a pertinent need for a security solution that will detect and stop phishing threats before they have the chance to succeed. Thankfully Total Network Services (TNS), Rypplzz and Forward Edge-AI have partnered to bring Gabriel® Crypto to the international marketplace. Gabriel Crypto is a revolutionary smartphone security solution that combines Swarm Intelligence, Machine Learning, AI, Natural Language Processing, Tokenized Mobile Equipment Identifiers (E-MEIDs) with patented geospatial intelligence, an Encrypted Blockchain Database, and $DigitalNames into an easy-to-use smartphone defense system.

Originally developed under a National Science Foundation (NSF), Small Business Innovation Research (SBIR) grant, Gabriel was developed to protect consumers against vishing (phishing attacks that involve the use of voice calls) and smishing attacks by Crowdsourcing intelligence, to quickly identify and block dangerous voice calls and text messages. Forward Edge-AI recently partnered with TNS who brings to Gabriel Crypto two of their solutions, $DigitalNames and E-MEID. $DigitalNames provides an alias for public keys to deliver triple factor authentication for every wallet transaction to ensure user information is protected. The E-MEID, powered with patented technology from Rypplzz, records the wireless device’s MEID on a blockchain to create a cryptographically protected immutable record of device software and user licensing.

E-MEID also alerts users of any relevant National Vulnerability Database (NVD) entry. NVD data enables automation of vulnerability management, security measurement, and compliance. Finally, the E-MEID solution provides advanced geolocation data and supply chain management capabilities, via Rypplzz’s Interlife® platform, which can dramatically improve security measures and provide near-real-time operational options based on the location of the associated asset.

Forward Edge-AI was recently approved by an independent third-party risk management and due diligence assessment created by TruSight Solution. TruSight is the best practices third-party assessment service created by leading industry participants for the collective benefit of all financial institutions, their suppliers, partners, and other third parties. Its founders include Wells Fargo, JPMorgan Chase, Bank of America, American Express and BNY Mellon.

Eric Adolphe, Forward Edge-AI’s Chief Executive Officer, stated, “I am pleased to announce that Total Network Services has joined the Gabriel Zero-Day Scam detection ecosystem.” Through its integration with TNS, Gabriel is able to offer an enhanced solution to detect, block, and report smishing attacks in 25 languages. With Purple Alerts™, app users are notified in real-time when it is intelligently detected they are engaging with a scammer by voice or through text messaging. Through the integration with TNS, Gabriel Crypto app users can earn cryptocurrency by participating in a gamified experience that helps to deepen Gabriel security by crowdsourcing intelligence.

Kevin L. Jackson, TNS Senior Vice President sees this as a new and revolutionary cybersecurity step forward. “Gabriel Crypto applies artificial intelligence, machine learning, and crowdsourced intelligence to the protection of cryptocurrency and crypto securities communications and transactions. This cyber-defense advance is a critical need across the new decentralized finance environment.”

Josh Pendrick, Rypplzz’s Chief Executive Officer, commented, “this is a first step towards not only securing the supply chain assets that hold our society together, but to dramatically reduce complexity and improve efficiency in global supply chain resource management.”

About ForwardEdge AI: ForwardEdge AI, Inc.’s mission is to leverage Artificial Intelligence and other emerging technologies to solve complex problems of social consequence. To learn more about ForwardEdge AI visit https://forwardedge-ai.com/

About Total Network Services, Corp:

Total Network Services, Corp (TNS) is a San Diego-based developer of simple, safe and secure blockchain-focused products and services designed to help the world transition into the blockchain economy. TNS’s innovations span across industry boundaries — from FinTech to Telecom security —all supported by its network infrastructure. TNS’s mission is to improve legacy solutions by infusing new levels of verification into the next internet evolution. To learn more about TNS visit https://tnscorp.io/

About Rypplzz, Inc.

Rypplzz has developed a patented spatial computing system, called Interlife, that is transforming the task of secure digital payload delivery and management. Its mission is to optimize efficiency for a sustainable and harmonious society. To learn more about Rypplzz visit https://rypplzz.com/

Business

Hassan Chowdhury, An Innovative and Ambitious Young Entrepreneur

Published

2 days ago

March 21, 2023

Matthew Wiles

Hassan Chowdhury is already building a name for himself in the luxury hospitality and real estate industries despite being only 26 years old. He has accomplished remarkable success in a relatively short time, and as a result, he has firmly established himself as one of the most successful businesspeople in the United States.

Hassan was born in Houston, Texas, and raised there by parents who are both extremely successful businesspeople in their own right. Hassan was motivated to pursue his business dreams by watching his parents run multiple manufacturing plants for make up and make up brands for the past 45 years. This example of success was the driving force behind Hassan’s decision to pursue his entrepreneurial goals. His parents taught him at an early age the values of the necessity of hard work, devotion, and ambition. They took him on travels all around the world as he became older to show him the significance of different cultures and experiences in other parts of the world. Hassan was on one of these travels when he first realized he had a deep interest in hospitality and high-end lifestyles.

He founded his own hospitality company in New York after college. He collaborates with some of the city’s most well-known nightclubs to host events, including Lavo Nightclub and Fleur Room Rooftop. However, the chaos caused by the COVID-19 pandemic in the hospitality business was a direct result of this epidemic. Hassan did not throw up the towel but viewed this as an opportunity to extend his business into the luxury real estate industry. Shortly after establishing Bouge Villas, a prestigious real estate firm with headquarters in Miami, Florida, he began purchasing real estate in the area. He gave each home its one-of-a-kind design and then put them up for rent on a short-term basis.

As the constraints on COVID-19 were loosened, he saw his business go from strength to strength. After that, he broadened his real estate holdings to include homes in other cities, such as the Hamptons in New York, Fort Lauderdale Beach in Florida, Tulum in Mexico, and Cartagena in Colombia. Soon, he will also expand to Nashville, Tennessee, and Dubai, United Arab Emirates. However, Hassan didn’t stop there and continued. In addition, he established his very own Private Members Club, the MetaFly Club, in collaboration with M2Jets to provide customers with access to luxury private flying and additional hospitality advantages. In the middle of 2023, it will be the first Private Jet Company to provide membership denominated in NFT.

The long hours of labor, unwavering commitment, and lofty goals that Hassan put in allowed him to achieve his goals. He has also demonstrated that it is possible to make the most of even the most challenging circumstances so long as one has the appropriate mentality and attitude. His objective is to achieve worldwide renown for providing the highest level of hospitality that is humanly possible to his customers. Hassan is optimistic about the future. He has big ambitions to continue growing Bouge Villas and MetaFly Club while preserving his status as one of the most successful business owners in the United States. Follow @hassanc.official on Instagram to keep up with Hassan’s progress. His story of hard work and determination is sure to serve as inspiration to many aspiring young businesses.