Platform Security
Overview
The Blade Finance Platform implements enterprise-grade security measures across multiple layers to protect user assets, data, and transactions. This guide outlines our security features and provides best practices for secure platform usage.
Security Architecture
Authentication Security - Multi-Factor Authentication (MFA)
Passwordless Login: Eliminates risks associated with password-based attacks
OTP Verification: Short-duration one-time passwords for every login attempt
Email Verification: Additional verification layer for critical operations
Session Management: Automatic timeout for inactive sessions
Wallet Security
No Private Key Storage: The platform never stores user private keys
Wallet Choice Freedom: Users can choose their preferred secure wallet solution
Custodian Integration: Option to use regulated custodian wallets for enhanced security
WalletConnect Support: Secure wallet connection through WalletConnect protocol
Transaction Security
Smart Contract Safety
Separate Smart contract for each Financing request: Each contract is independent and isolated
Multi-Signature Verification: Critical operations require multiple approvals
Automated Compliance: Built-in checks for regulatory compliance
Audit Trail: Immutable record of all financial transactions
Authorization Controls
Multi-Layer Checks: Security verification at UI, API, and smart contract levels
Role-Based Access: Granular control over user permissions
Dynamic Authorization: Flexible permission management through smart contracts
KYC/KYB Integration: Mandatory verification before platform access
Security Features by User Type
For Borrowers
Secure document upload system
Encrypted storage of financial information
Multi-signature financing request approval process
Automated repayment tracking
For Investors
Secure investment vault
Multi-signature transaction approval
Real-time portfolio monitoring
Automated risk alerts
Best Practices for Users
Account Security
Wallet Management
Keep wallet recovery phrases in secure, offline storage
Use hardware wallets for large transactions
Never share private keys or recovery phrases
Regularly verify wallet connection status
Access Security
Use unique email addresses for platform access
Enable all available security features
Avoid public Wi-Fi for platform access
Log out after each session
Transaction Safety
Verify transaction details before approval
Check recipient addresses carefully
Keep transaction records
Monitor account activity regularly
Platform Monitoring & Protection
Real-Time Security Measures
Transaction Monitoring
Continuous transaction surveillance
Automated flagging of suspicious activities
Real-time fraud detection
Multi-level transaction verification
System Monitoring
24/7 infrastructure monitoring
Automated threat detection
Regular security scans
Performance monitoring
Incident Response
Alert System
Immediate notification of suspicious activities
User alerts for unauthorized access attempts
Transaction anomaly notifications
System status updates
Response Protocol
Dedicated security response team
Automated threat containment
User account protection measures
Incident investigation and reporting
Technical Security Infrastructure
Network Security
AWS infrastructure security
DDoS protection
Encrypted data transmission
Secure API endpoints
Data Protection
End-to-end encryption
Secure data storage
Regular backups
Data access controls
Emergency Procedures
Account Recovery
Contact support immediately for suspicious activity
Follow verification procedures
Complete security review
Implement additional security measures
Transaction Issues
Transaction monitoring system
Immediate notification of anomalies
Automated transaction halting
Manual review process
Security Updates & Communications
Regular Updates
Security feature enhancements
Protocol updates
Smart contract upgrades
User security notifications
Support & Assistance
24/7 security monitoring
Dedicated support team
Emergency response procedures
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