Kirobo is an Israeli startup with a single mission: to create a logic layer that sits on top of each individual blockchain and protects users from human error. Our ultimate goal is to make blockchain as simple and secure as online banking.
With support from the Israel Innovation Authority, we have already created logic layers over Bitcoin networks. These days, we are in a continuous process of rolling out advanced services and solutions on top of these layers.
The Problem:
Cryptocurrency transfer is a risky and stressful task People are prone to make mistakes – but such mistakes cannot be tolerated in cryptocurrency transfers where a single misplaced digit of the transfer value, or a wrong address, can wipe out large amounts of money permanently. Addresses can also be deliberately altered by third-party attackers, compromising the security of the funds.
Kirobo’s Solution
Kirobo adds a new layer of protection to currency transfers. This layer protects users from all of the above-mentioned scenarios, and works on two levels:
1. A transaction code that must be entered by the recipient in order to receive the transfer
2. Retrieval capability that allows a sender to retrieve the funds at any time, as long as the right code hasn’t been provided by the recipient