Computer technology pervades almost every area of the society and social sphere. Out pre internet way of life is now consigned to the history books-no one born after the early 1990s has experienced a world without the internet. However, advances in computer technology are also enabling criminals to commit crimes; these crimes are in principle the same as the ‘classic crimes’ such as forgery, theft, fraud and illegal gambling. The villains of this however are organizations consisting of invisible and anonymous computer experts who operate in cyberspace. The year 2016 saw a marked upturn in the volume and creativity of cyber hacks and mega breaches with Linkedin, Tumblr, Yahoo, Threemobile and Tesco bank all hitting the headlines as victims of cybercrimes. Cybersecurity is a key corporate governance issue for all organizations, irrespective of sector or size. Data breaches have become one of the most prevalent cybersecurity incidents around the globe. These attacks hurt big businesses and test consumers trust, infact the chances of some organizations making a full recovery after a cyber-attack is very slim. The costs of putting an end to cybercrimes are accelerating with organizations spending around $11.7 million on an average to combat them. However, research has shown that much of these funds are misdirected towards security capabilities that fail to deliver the best efficiency and effectiveness. To solve the above highlighted cyber security challenges, there is the need for a system directed majorly at prevention rather than cure, hence the emergence of a Platform named UNCLOAK
Uncloak is a platform which leverages on the use of artificial intelligence on blockchain technology to create a decentralized, scalable, blockchain powered security management solutions to the issue of cyber security. The platform aims to collaborate with security experts to identify and solve threats relating to cyber security, and at the same time provide them with a reward for doing so.
To solve these these problems, uncloak aims to utilize artificial intelligence technology, not by detecting crimes, but by scanning and identifying vulnerability and threats before they happen. When threats are detected, end users quickly gets notified in order for appropriate measures to be instituted promptly.
HOW UNCLOAK WORKS
• System scans clients’ workstations, servers to search for threats
• Found threats are reported to the client
• Hunters are provided with a list of anonymous software/hardware to check for type of threat
• Threats found is checked again Uncloak database
• Random set of validators also check hunter’s found threats to validate, they accept or decline based on blockchain voting mechanism
• If threat is validated, hunters and validators are rewarded with UCC tokens, which is a added to their personal wallet created on the platform
BENEFITS OF THE PLATFORM
• Performance of periodic security checks on companies’ computer operating system, servers and workstations to detect threats early, thus ensuring that organizations are a step ahead of insecurities posed by potential hackers
• Offering advise and suggestions for improving on the security of applications installed and the hardware system
• Scanning for and removal of unneeded application on servers and workstations
• Offering rewards in form of UCC tokens to hunters and validators who detect threats and vulnerabilities. These tokens may later be converted into tradeable UNC tokens on the Uncloak platform
UNCLOAK TOKEN
Two different types of tokens would be used on the platform: UNC and UCC.
UNC token is based on the ERC-20 standard i.e ethereum blockchain and can be purchased using ETH or BTC depending on the means of purchase on the exchange. Also subscription to and access to the Uncloak platform requires the use of UNC tokens.
UCC is based on EOS blockchain and is used as a form of reward for hunters and validators who have detected threats and vulnerabilities
TOKEN INFORMATION
Token Symbol: UNC
Type: ERC 20
Total Supply: 4,200,000,000 UNC
ICO date: 26th June-3rd July 2018
ICO Price: $0.01
Minimum Purchase: $100
Maximum Purchase: $100,000
TOKEN DISTRIBUTION
For more information about Uncloak, kindly visit:
Website: https://uncloak.io/
Whitepaper: https://whitepaper.uncloak.io/
Facebook: https://facebook.com/uncloakio
Telegram: https://t.me/uncloakio
Twitter: https://twitter.com/uncloakio
Ann Thread: https://bitcointalk.org/index.php?topic=3384452.0
Writer: Crypto4ruby
Writer’s bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1788350