I welcome you, dear subscribers and guests of my blog, with you I, Alexander Poplavsky and today we will consider such an ICO project as "BitFence"
Is it worth reminding that for today, there is such a problem as protection from hacker attacks, which is relevant for both large companies and ordinary people. Such attacks by hackers may have different purposes, but in most cases this is the aspiration of scammers to receive financial benefits. As a result of such attacks, many companies lose huge amounts of money. It is enough to give just one example, the Danish logistics giant Moller-Maersk, who was attacked by the hacker NotPetya and, therefore, the logistics center lost from 200 to 300 million dollars. What can we say about the overall picture all over the world.
The tools of cybercriminals are becoming more developed, and this requires a search for new ways to protect. According to statistics, most companies are subject to attacks of the so-called 0-day (zero day is a term denoting the existence of unobtrusive vulnerabilities or malware in the software, against which there is no protection yet). To detect such attacks, companies have to spend a lot of money and time. Therefore, the solution of this problem can bring great benefits to many. The BitFence project team also believes that it has developed new security mechanisms.
BitFence is a cyber-protection system that works with the use of blocking technology. This system offers more reliable and faster mechanisms to protect against threats in the network than existing ones. In addition, the developers provided incentives for participants in the system, using the proposed technology, to collect information about new tools for hacker attacks. The main objective of the project
Reduce the search time for malicious attacks and protect other system users from such problems.
The workflow inside this system looks like this:
customers install specially developed software - Distributed Sensor Network (or Distributed HoneyPot), which performs the function of "bait". These programs automatically detect suspicious activities related to cyber security, process this information and send a report about it. The installation of such "baits" will be motivated by the payment of HNY tokens.
the next step is the detailed processing of information about artificial intelligence obtained from Distributed HoneyPot. In accordance with the threat level, lists of signatures (used in hacker attacks) are updated.
The last step is to spread information about new types of hacker threats among all clients of the system, which will ensure their fastest protection.
In Whitepaper, developers give examples of the use of the BitFence protection system for small businesses, online stores and large enterprises. They describe the options for protecting their property (financial or intellectual), as well as the main advantages of this system over existing ones. Such, as the team members emphasize, is the low cost of services and the speed of gathering the necessary information.
It is also worth noting that, in addition to legal entities, this system will be of interest to ordinary people. First, anyone can "crack" the HNY token by installing the necessary software (described above), which will collect information about possible cyber threats. At the same time, the miner will not need to buy special video cards or ASIC for this. It is enough to use a home computer. Secondly, for all users of the network will be able to buy a home router BitFence. He already has an updated database to protect your information.
Token - HNY
Pre-ICO - April 1, 2018 - April 30, 2018
ICOl - 1 May 2018 - 30 July 2018
The price of the token is 1 ETH = 6000 HNY
Soft Cap - $ 1 million
Hard Cap $ 50,000,000
Created tokens - 1 000 000 000 HNY
Official site: https://bitfence.io/
Bounty: https://bitcointalk.org/index.php?topic=3270642.
Whitepaper: https://bitfence.io/data/BitFenceWP-EN-1.6b.pdf
ANN: https://bitcointalk.org/index.php?topic=3252856.0
Telegram: https://t.me/bitfence
Twitter: https://twitter.com/BitFence_
Author: https://bitcointalk.org/index.php?action=profile;u=1178847
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