mFinance, Enhancing Financial Data Security and Access
About mFinance
mFinance gives financial and real estate institutions the tools to secure their data and scale via blockchain technology and artificial intelligence
Today the security and accessibility of financial or client data has never been more challenging and critical in the financial and real estate industries. As the industry continues to evolve, the approach to managing sensitive information must evolve and scale as well.
MegaHoot Technologies’ ZecureHive division integrates advanced blockchain technology and artificial intelligence (AI) in a way that can transform financial security by enhancing data security, data accuracy, ownership and access, this is called mFinance.
MegaHoot’s advanced blockchain technology brings forth potential that can be boundless in establishing tamper-proof financial or customer records at a base level with the addition of security measures via artificial intelligence to control accessibility.
Together, these technologies offer the financial industry, both independently or through a syndicate, solutions to the challenges faced by modern financial systems, paving the way for a more secure and efficient approach to financial and client data.
Enhanced Data Security &
Predicative Security Analytics
This is how MegaHoot’s Advanced Blockchain Technology can add value to a company
Safeguarding data in the financial or real estate industries is paramount. mFinance offers a robust solution by creating an immutable record of financial or customer information that can be added to but not altered or deleted. This ensures that sensitive data remains secure and accurate, reducing the risk of unauthorized access or data breaches 24/7/365.
One of the most powerful aspects of AI within mFinance is the real-time 24/7/365 monitoring and its ability to predict potential security breaches before they become critical. By leveraging predictive analytics, AI can analyze trends and patterns in the network to forecast the likelihood of certain events, such as a hack, internal breach or network failure. These predictions enable financial and real estate institutions to take preemptive actions, such as blocking access, adjusting accessibility or recommending additional protocols.
Private Blockchain Network
Institutions will have a layer-2 blockchain network that is built on the backbone of the Pecu Novus public blockchain network.
Private or Public Blockchain: A private or public blockchain network accessible only to those parties the institution gives access to with the institution being in sole control of permissions.
Security: The security, scalability and efficiency of the private blockchain network will be in line with how the Pecu Novus Network is today. A fortress of immutable and protected data.
Scalability: The scalability depends on the size of the institutions network, mFinance is infinitely scalable. Each node fortifies the network’s security further.
Health Checks: The private blockchain periodically pings the Pecu Novus blockchain to further fortify the private blockchain.
Artificial Intelligence: The institution would have an additional AI based security layer on top of the private network to avoid unwanted access across the entire network.
Tokenization of Real World
Assets
Institutions will have the ability to tokenize real world assets directly for either internal or external use.
