Safer than Smart Contract: ingenious “safe contract”

Last Updated: 2019-02-21 05:52:48 (GMT)

JD Finance apologized for a function on its app that stored screenshots of other programs on users’ mobile devices, sparking concern about possible online privacy breaches.

The company allowed the storage of screenshots to enable its clients to pass on images more quickly, it said in an emailed statement on Saturday. The function has now been removed and company had no access to the photos taken, it said.

A video on Weibo, China’s answer to Twitter, showed how the JD Finance app that was running in the background saved a screenshot of a banking app and appeared as a file in JD Finance’s program. It was viewed more than 2.5 million times within a day.

Chinese netizens are becoming increasingly aware of privacy issues with the websites they visit and the apps they use. Not only have numerous privacy breaches and data leaks occurred, but a large number of mobile apps available in China have also been found to collect an excessive amount of personal data, according to a report released in December.

According to messages on this post, we found many people who want to recur this “Bug”, but many people failed to do it on iOS platform, which leads us to compare the security of Android system with iOS on development of application.

Android system VS iOS system

As consumers increasingly use their mobile devices for banking, connecting on social media, and making online purchases, cybercriminals are aiming their virus and malware attacks on iPhones. Safety is our main concern, and a closed system is always more security.

Apple’s iOS operating system has long been considered the more secure of the two operating systems. Why? Apple’s operating system is a closed system. Apple doesn’t release its source code to app developers, and the owners of iPhones and iPads can't modify the code on their phones themselves. This makes it more difficult for hackers to find vulnerabilities on iOS-powered devices.

Android devices are the opposite, relying on an open-source code, meaning that the owners of these devices can tinker with their phone’s and tablet’s operating systems. Too much tinkering, and owners might create a weakness in their devices’ security. Then there are manufacturers themselves. If a phone maker puts out a new device with a modification to the Android operating system and there’s a vulnerability in that code, hackers will find it.

One of the main issues is that the end user can go into a Android device and enable the installation of software from unknown sources. And on Android system, most of applications are being produced without many code or product tests.

On iOS system, review process is also more stringent and it’s less likely for a malicious app to sneak into Apple’s store. That also makes the system more secure since Apple controls the complete experience.

everiToken :“safe contract” platform similar to iOS system

Currently, smart contract platform is more like Android system which its applications expose some serious issues. But those applications are more valuable than the ordinary one, because token equals money.

Smart contract platform is also open source, but the application code running on it is still in the early age and has not tested by some developers. Even a simple application also needs the high-level engineers with rich experience and the code has to be tested by third party audit team, otherwise there may exist potential issues.

As the new coding language, it didn’t have strict and clear rules to tell developers how to safely build Dapp, so it is not security at present stage. Like Android system, the less strict rules give third party more space to do evil.

But, everiToken “safe contract”is much more difference, which was written on the chain after strictly code testing. Third party just call the API to develop application with high security according to strict rules and regulations. On this aspect, everiToken platform is more similar to iOS system.

Most security issues are at the application level and no one can steal a bitcoin from blockchain network. “safe contract”, liking a closed system, was written on everiToken public chain with no need to write the same code every time by third party. everyToken uses an API system which has extremely streamlined methods that are secure and leave little room for manipulation.

And in this way, application can be quickly built with less development cost and short development time(less than one week). Even everiToken is significantly more accessible to the common person who really does not need most of the functionality available to smart contract and would be better served by a safer and more secure system.

A closed system carries with high security, which is much similar to iOS system. everiToken “safe contract”is a simple to use and safe option for most purposes and common usage.