Why is Privacy so important?

We now live in a world where we are exposed to various types of risks and stresses. He can be in stressful situations all over the world.

Let's take an average family, for example, a husband, wife and two children. The man works full time, five days a week, eight hours a day. The wife may be taking care of the children and even working at part-time job. From early in the morning, the man can experience stress while driving to his workplace. Far too often, things like this, we can not read this book Through the workday, all sorts of problems need solving. As an office worker, there are deadlines and reports that need to be completed on time. As a builder, there are tasks that need to be completed in short timeframes under high-pressure situations.

What happens after work? More traffic, of course. Psychologically tired, the man arrives at the time they need. Do not find time to pay bills, to purchase essentials, plan a budget or research the next vacation. This leads to the family registering for various services to facilitate their own lives, to quickly and easily solve the issues of daily life. These services help with the monotony of managing the day to day life. For example, the banks provide an opportunity to automatically pay the bills. But here comes a huge problem, an invasion of privacy.

How strongly does this family think about its privacy and disclosure of personal data to third parties while registering for online stores, banks, internet services, websites? Think how many places you've had to provide your personal information, including your name, surname, date of birth, email, home address, phone number, and bank data. How deeply do everyday people think about their personal information is being stored, and who could gain access? Most likely never, until a problem arises. Personal data registered on various services are stored on centralized servers, which can be an easy target for hackers. Hackers can not only use your money, but you can use it for your home, where the money comes from and to whom, accounts and even bank account details.Furthermore, bank account details can be achieved by other means - through a credit card, for example.

How to solve this problem? Firstly, it is worth registering only one of these services. Secondly, it is possible to pay for services and goods using cryptocurrencies. In fact, it can be done anonymously, thanks to the innovative ideas of the CloakCoin project and ENIGMA! To understand how things work, let's look at an example:

1.       Just go to a website that accepts cryptocurrency CLOAK and select the product you need and like.

2.       Next, fill order details and transfer required amount in Cloak.

3.       The ENIGMA system completes the transaction anonymization process (more details can be found here ) and the merchant receives CLOAK Coins for the goods, and only they know where it came from.

4.       You receive the goods.

Looks very simple? Because it is. The fact that the anonymization process itself is more complex, the ENIGMA system provides a user-friendly way to ensure no hacker or third party will take ownership of your personal information and will not be able to take advantage of it for their own personal use.

I would like to come back to the subject of this article, I would like to be sure that I would like to be able data from the invasion of third parties and centralized systems. If thanks to this, you can sleep better and be even more healthier - it's worth it.

About CloakCoin:

Cryptocurrency Cloak was designed to facilitate private, secure, decentralized & untraceable transfers with ENIGMA. CloakCoin was one of the first digital currency concepts in the crypto market to address this inadequacy, and was introduced in 2014 with the aim of enabling people to provide more privacy and more privacy. freedom of its population, stating real and perceived threats to national security as a reason to 'protect' its citizens.

More information :  https://www.youtube.com/watch?v=RrTTUmPEGNU