Shield Protocol 2FA Will Launching on Binance Smart Chain
Shield is a cross-blockchain based platform. It is a Second Layer Security Platform based on the Binance Smart Chain.
On May 16, 2021, Shield 2FA will be launching on Binance Smart Chain. Shield 2FA being a decentralised application on top of blockchain would give us an edge to attract over 4 billion users around the globe
The Shield 2FA has a strong interface and a unique key features that includes:
📌 Strong Encryption—AES-256 bit encryption with PBKDF2 SHA-256 has been implemented to encrypt data before backup on blockchain.
📌 Enhanced Trust On The System—As no single entity own this it helps user to have confidence and trust on the Shield’s 2FA system against the data theft and manipulation.
📌 Fault Tolerant—there is no single node controlling the data transaction and data records in the P2P decentralised network, there is no single point of failures in Shield 2FA. It’s distributed nature supports this very strongly.
📌 No Internet Censorship—It Controls and prevents Internet Censorship violation as there is no central controlling authority owning the Shield protocol network
For the second quarter Shield Protocol will implement the following plans:
🔹Staking Program
🔹Liquidity Pools
🔹SHIELD Wallet (Phase 2)
More Exchange Listings & Partnership
🔹Binance Smart Chain Mainnet
🔹Shield App features Integration & Usage on BSC (Phase 2)
🔹In-App Staking Program for Shield Token
ABOUT Shield Protocol
Shield is a Two factor authentication would be on a server-less p2p architecture on top of blockchain where every log would be recorded on to a decentralised ledger for transparency and none of the data that can help in identifying an user would be collected in the application, which would help users in terms of privacy and anonymity.
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