There’s a another world out there, one that’s created by humans. We call this world, the World Wide Web. Its environment is limitless, and all kinds of content, be they personal in nature, corporate, financial or otherwise, can be found in its virtual library.
It is true, the internet does offer plenty of advantages, but it has also become a source of misinformation, as well as an avenue for hackers, scammers, and the like, to proliferate. Without sufficient and security measurers, anyone can fall victim. In fact, cyber crimes are increasing, and the number of cases that are not being reported for one reason or another is growing. In certain cases, the impact may be considered minor, but other times, it can be costly, putting one’s future, or worse, one’s life, at stake.
We cannot afford to compromise, of course, the reason for the need to conduct Penetration Testings to find out the strengths and vulnerabilities of a security system and Bug Bounty Challenges. Sad to say, the cost of the services of these two strategies that can help fight cybercrime have become too expensive, especially, for the small-sized business owners.
Buglab aims to redefine cybersecurity by utilizing the power of blockchain technology, and makes it more affordable and accessible to everyone, especially the small and medium-sized businesses. The Buglab Platfom is designed to bring together organizations with information security needs and duly-certified cybersecurity pentesters who are rewarded for issues discovered and vulnerabilities uncovered.
The Buglab ecosystem will allow companies to launch a contest and pentesters to participate in the said contest. The company will have to sign up on the Buglab platform for this, then subscribe to a competition contract. They can customize the level of contest confidentiality and the type of management they want, based on which, a list of pentesters will show up, and the client gets to choose the pentester to take on the challenge.
In the event that vulnerabilities are uncovered, the same will go to Buglab’s efficient sorting system to remove duplicates so the client receives only those pieces of information that are relevant. The client and the pentester can communicate via Chat to resolve the vulnerabilitfies.
Buglab is also proud to roll out the Buglab Vigilante Protocol, a hacking-prevention program. This program is designed to give whitehats the opportunity to discover and share vulnerabilities of companies that are not signed up on the Buglab platform. Buglab connects with Computer Security Incident Response Teams (CSIRTs) and Computer Emergency Response Teams (CERTs) to analyze and score the vulnerabilities. Then the concerned companies will be properly notified of such.
As can be seen, Buglab will greatly benefit the small and medium-sized business enterprises desiring more cost-effective means of internet security. Pentersters and whitehats will, themselves, earn rewards for helping out these companies find and resolve vulnerability issues. Buglab Tokens (BGL) will be at the heart of the ecosystem, and they will be used to purchase contest plans and reward pentesters and whitehats.
Buglab is already making waves and gaining a lot of media exposure. How Buglab will redefine cybersecurity is definitely something to look forward to.
Token Details
Token: BGL
PreICO Price: 1 BGL = 0.15 USD
Price: 1 BGL = 0.15 USD
Platform: Ethereum
Accepting: ETH
Soft cap: 6,000,000 USD
Hard cap: 20,000,000 USD
To know more about the technical details and aspects of the project plus their latest updates, visit their official social media pages and website:
Bitcointalk Announcement Thread: https://bitcointalk.org/index.php?topic=2851719.0
Website: https://buglab.io/
Whitepaper: https://buglab.io/assets/docs/Buglab_WhitePaper.pdf
Telegram: https://t.me/buglab
Facebook: https://www.facebook.com/buglab.co
Twitter: https://twitter.com/joinbuglab
Medium: https://blog.buglab.io/
BCT Username: AmorFati
BCT User Link: https://bitcointalk.org/index.php?action=profile;u=2077040
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