VIDY employs a multifaceted approach to ensure the security of its decentralized ad network, which is built on the Ethereum blockchain. This approach integrates advanced blockchain technology with several layers of security measures to safeguard user data and transactions.
Blockchain technology is at the core of VIDY's security framework. By leveraging the Ethereum blockchain, VIDY benefits from the inherent security features of blockchain technology, such as decentralization, immutability, and transparency. These features help protect against fraud and unauthorized access, ensuring that transactions on the VIDY network are secure and verifiable.
In addition to blockchain technology, VIDY incorporates encryption techniques to secure user data. Encryption helps to protect sensitive information by converting it into a code that can only be deciphered with the correct key, thereby preventing unauthorized access to user data.
VIDY also implements various security measures to enhance its security posture. These measures include user identity verification to ensure that only authorized users can access certain features and data. PCI Scanning is used to regularly assess the security of the network's payment processing systems, helping to protect against vulnerabilities.
Secure Sockets Layer (SSL) encryption technology is utilized to secure data transmission over the internet, ensuring that data sent between users and VIDY's platform is encrypted and secure. Pseudonymization is applied to user data to enhance privacy and security by processing data in a way that it cannot be attributed to a specific user without additional information.
Internal data access restrictions are in place to limit access to sensitive data within the organization, ensuring that only authorized personnel can access and process user data. Strict physical access controls are also enforced to secure the physical infrastructure hosting VIDY's services and data.
Despite these comprehensive security measures, it's important to acknowledge that no system can guarantee 100% secure data transmission over the internet. Therefore, users are encouraged to exercise caution and conduct their own research before engaging with any cryptocurrency or blockchain-based platform.