Data breaches are on the rise with the financial sector being the primary target for hackers.
The number of U.S. data breaches of private and sensitive information in 2016 reached a record high of 1,093, up 40% from 2015 of 780 reported data breaches.
Of the overall data breaches in 2016, the financial sector led at 45%.
Customers are forced to store their data with companies, individuals and banks in order to do business with them. This is typically bank accounts, credit card numbers, ID’s, addresses and Social Security Numbers.
No one would ever store their wallet in cloud storage but that is what you are essentially doing with digital currency exchanges. You can lose your hardware wallet or phone containing your digital wallet and cold storage is inconvenient.
With game changing transmission technology, ConnectX brings a new approach to storing financial information, digital currency wallets and private keys in a network of small satellites.
Exportly uses the blockchain as the intermediary between international buyers and sellers of commodities reducing costs by 15-50% by eliminating traders and brokers. Trading goods between countries is a $12-15 Trillion per year market. Exportly.IO.
Vital to Exportly is the ability for customers to store their digital currency wallets and other information related to the international commodity trade transaction. ConnectX coin owners will also use this application to store their digital wallets. S1W.io
Phase 1 (Secure): Customers will download our ConnectX mobile app called S1W allowing secure access to our servers over the Internet. They will then be able to store their wallets. The mobile app uses current state of the art security.
Phase 2 (More Secure): ConnectX will release a hardware device also called S1W that will communicate with our secure servers using the ConnectX-VPN transmission technology. This eliminates the use of the Internet.
Phase 3 (Most Secure): ConnectX will launch satellites which will store your digital currency wallets. The S1W hardware device will use the same ConnectX-VPN transmission technology directly connecting to our satellites. This not only eliminates the use of the Internet but your wallet cannot be physically accessed.