Security is not a product, but a process

We will spend a part of our income and funds for taking precaution for security. You will be able to see more details on spending chart on this paper.

Loycha - Security Illustration
A coin that pays high attention to security process

Security is our primary concern.

All we know that blockchain is secure and hard to hack distributed system that use cryptography to ensure the same. So instead of single place and single validation database, blockchain uses distributed ledger and blocks that form a chain so after a number of chains are created, its proved mathematically that it is very difficult to hack.

But as said by Bruce Shneier, "Security is not a product, but a process", the security is something that is always ongoing process and we know from our experience that has an important role in whole product and company. So that's why we continuously pay high attention to security process. We know that there is not 100% secure system but we will tend to make our maximum toward it. We will pay a specialized security company to test our full application cycle and we will always test our developments to security experts. Some of the testing that we will perform are:

  • Architecture, Design and Threat Modelling
  • Data Storage and Privacy
  • Cryptography Verification
  • Authentication and Session Management
  • Network Communication
  • Environmental Interaction
  • Code Quality and Build Settings
  • Resiliency Against Reverse Engineering

We will spend a part of our income and funds for taking precaution for security. You will be able to see more details on spending chart on this paper.