The world is becoming increasingly digital including our identity and property. Currently, we rely on centralised entities to store and manage “our” data and we’re simply granted access to this data through general-purpose computers. Unfortunately, these centralised third parties and general-purpose computers can be corrupted and our data can be stolen and abused. This leads to a future with no privacy and an unsafe digital environment. At xellox, we believe that our online environment can be made much more secure and private through innovations in both hardware and software.
We need to migrate to a blockchain-based internet where users actually own and control their own data and have the right tools to stay safe. The only way to achieve this is to store the private keys (passwords) in a way that they can’t be accessed by anyone else except the owner. General-purpose computers are
obviously not enough since governments, manufacturers and hackers are able to steal and manipulate the data stored on them.