Security

This page explains the security approach found in Finscale.

Security is baked in Finscale with the use of sophisticated encryption schemes - the kind that power authentication mechanism for Bitcoin, a peer to peer network.

Finscale APIs use a novel approach to authenticate, using no password and ZKP (Zero knowledge Proof). This enhances security by reducing various vector attacks such as Man in the Middle attack.

Another component of the security is to connect with each other, using cryptographic signatures. This allows a secure data encoding.

For eg: Any API that sends or receive data over Finscale layer, or any service that interacts with each other communicates through this signature mechanism.

System Security at Functional level:

Login Authentication Mechanism

Ability to authenticate login by self user such as company or individual basis of associated services integration

Analyse large amounts of data to identify risk patterns and improve security

Adaptive Authentication Mechanism

Adaptive authentication mechanisms evaluate the risks surrounding a particular user login attempt and dynamically steps up the authentication or prevents the login, based on suspicious activity.