Last updated 3 months ago

Security

Security is the foundation upon which trust in any Web3 platform is built. At GlobeVault, we prioritize user safety and asset protection above all else. In a decentralized world where individuals manage their own wealth, private keys, and digital identities, a wallet must not only be secure—it must be fail-proof, transparent, and resilient against evolving threats.

GlobeVault is designed with a security-first architecture, combining non-custodial design, end-to-end encryption, multi-chain resilience, and smart contract auditing. Every layer, from private key protection to in-app interactions, is optimized to safeguard user assets and data.


🔐 Core Security Principles

  1. Non-Custodial by Design: Users retain full control over their private keys and seed phrases. GlobeVault never stores, accesses, or transmits private keys—ensuring true ownership and autonomy.
  2. Decentralized Key Management: Integrates with trusted wallets such as MetaMask, WalletConnect, and Coinbase Wallet. The native wallet will include secure key generation and encrypted local storage using advanced cryptography.
  3. End-to-End Encryption: All user data is encrypted on-device using AES-256 or equivalent algorithms. Nothing sensitive is stored on centralized servers.
  4. Biometric & Signature-Based Authentication: Supports Face ID, fingerprint, and wallet signature-based login to eliminate password vulnerabilities.

🛡️ Smart Contract Safety

  • Contracts use battle-tested libraries from OpenZeppelin.
  • All contracts undergo comprehensive audits by firms such as CertiK, Hacken, or SlowMist.
  • Upgradeable proxy patterns preserve audit integrity while minimizing attack surfaces.

🔎 Threat Detection & Monitoring

  • Real-time monitoring to detect abnormal activity, e.g., failed transactions, irregular staking, suspicious contract interactions.
  • Automated alerts plus manual review ensure rapid response to anomalies.

🧰 Additional Security Measures

  • Transaction Simulation: Warn users of potential errors or hidden token approvals before confirming.
  • Token Allowance Manager: Revoke token approvals to prevent misuse.
  • Phishing Protection: Built-in dApp explorer and link scanners to detect malicious URLs.

🧪 Future Security Enhancements

  • Multi-signature wallet support for high-net-worth users and institutions
  • Social recovery mechanisms via trusted contacts or encrypted backups
  • Hardware wallet integrations (Ledger, Trezor) for cold storage
  • Bug bounty programs to incentivize ethical hacking and research

✅ Compliance & Transparency

  • All security updates, audits, and incident reports are published publicly.
  • Adherence to best practices in smart contract security, key management, and regulatory transparency.

By combining industry-leading protocols with user-friendly design, GlobeVault ensures users can engage with the decentralized world safely, securely, and with complete confidence. Our goal is simple: protect users without limiting them.