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Home Security Token Offering (STO)

GBC.AI announces Wallet Guardian, a cutting-edge Web3 security product

admincrypto by admincrypto
May 5, 2022
in Security Token Offering (STO)
GBC.AI announces Wallet Guardian, a cutting-edge Web3 security product
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GBC.AI, provider of cutting-edge proprietary Artificial Intelligence (AI) Smart-Blockchain technology, has today announced its new Web3 security product, Wallet Guardian. Designed to protect digital asset users against the growing number of threats to their wallets, Wallet Guardian combines cutting-edge AI and blockchain technology to offer three tools: “X-ray”,  “Real-Time Protection Protection” and “Bridge Guardian”, which can be rapidly deployed on top of wallet and browser environments to offer unrivaled visibility, protection and control.

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The first tool launched within Wallet Guardian is “X-ray”. Before any smart contract interactions are approved by a user within their wallet, Wallet Guardian’s X-ray feature will display a list of all the permissions and disclosures being requested by the new smart contract transaction. The tool will also allow users to browse and review all the outstanding permissions that their wallet has granted to other smart contracts. This also allows them to opt-out of any of these old permissions and mitigate potential risks – which will ultimately provide users with greater oversight and control over their various smart contracts.

Under the soon-to-be-launched “Real-Time Protection” tool, Wallet Guardian will also ensure users are notified, of the risks or concerns detected in their Web3 environment which could pose a threat to their wallet. The testing and disclosure details will then become richer over time as the product evolves and the through regular security updates.

Finally, GBC.AI will be launching the third tool under Wallet Guardian – “Bridge Guardian”. Bridges – where a user transfers their assets from one network to the other – represent the most prevalent point of failure and create a specific set of risks for users. Bridge is GBC.AI’s proprietary security solution designed to manage and mitigate these kinds of risks. Here the power of AI is applied to public historical…

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