The Ethereum blockchain technology-based Buglab cybersecurity platform with BGL token detail

msrima (35)in #bitcoin • 6 years ago

The Buglab platform is giving a solution to the cyber-security problem with the Ethereum blockchain penetration testing. This platform is providing their services even smallest enterprises that typically lack both the resource as well as a budget to tackle cyber-security vulnerabilities. This platform is a tokenize cryptocurrency based platform. They already created BGL token with the smart contract of the Ethereum blockchain technology. We can know more detail about the BGL token form the Buglab whitepaper https://buglab.io/assets/docs/Buglab_WhitePaper.pdf. We can purchase the BGL token from the website of the Bugleb platform. The website link of the bugles platform is https://buglab.io/.

The core features of the Buglab platform:

The Buglab is a cybersecurity platform powered by the blockchain technology in the online digital ecosystem of the cryptocurrency industry. This platform is using blockchain to give cybersecurity for the people from all over the world. This platform is using blockchain technology which is enabling customers to the mass of pentesters as well as chooses a validated team from a known company. This platform is giving a different feature to their user and customers. The core features of this platform are given below:

Public Contest: This platform is providing a public contest feature where once a company has provided basic information as well as launched the contest then the community receives a public invitation to participate in the contest.

Private Contest: This platform is also providing private contest feature where clients have the option to choose a select number of pentesters from the community. The clients also can choose a validated team forms a known cybersecurity firm to complete the challenge.

Selection Filters: This platform is giving selection filter feature for the clients where they have the option during a private challenge of selecting pentesters using different filters. This system of selection filters is including country, score, and skills etc.

Triage system: The Buglab platform is giving triage system feature for these platform users where vulnerabilities report goes through their sorting system to identify duplicates before landing on the customer’s dashboard. This platform is guarantying that the customer only gets a notification about relevant submissions.

Reports: This platform is arranging security contests where they receive a report of the security system. This report receiving system of the Buglab platform is summarized each contest’s performance. This feature also is allowing the client to graphically compare the security status and progress of its assets.

Client Managed: The Buglab platform is providing client managed feature for their user where the company can choose from three types of contest management to participate in the contests such as Basic, Pro, and Enterprise. Using this feature, the client is responsible for sorting, classifying and grading reports in the case of the latter.

Mediation: This platform is giving mediation feature to their user where a pentester of the community can ask for mediation from the Buglab platform when a customer opts to manage their challenge themselves. This platform’s mediation feature may be required in the event where a pentester deems the score and validation to be incurable. The cause of the disagreement and evaluate it impartially which can be obtained regarding by the Buglab team.

Leaderboard: The Buglab platform is giving leaderboard feature for the users of the platform. This platform is offering a dashboard for ranking of pentesters from the community. This ranking is offered according to experience as well as results on the platform. The leaderboard feature of this platform provides greater visibility for the best pentesters. It is also making easier to select participants for a private challenge.

Chat: This platform is providing a chat feature for the users of the platform where every vulnerability report is a chance to engage in conversation with pentesters. This chat feature is provided to obtain help for fixing the vulnerability.

Fix Companion: This platform is giving fix companion feature where the Buglab platform will verify that the fix has been implemented at the enterprise level.

The Vigilante protocol of the Buglab platform:

The Buglab platform has Vigilante protocol to rolling out contests for the enterprise of varying scales in addition. This platform is a blockchain technology based cybersecurity platform who is introducing a globally integrated hacking prevention program “The Buglab Vigilante Protocol”. This platform’s vigilante protocol is allowing whitehat researchers to report on system vulnerabilities of a company that is not one of this platform’s customers. This protocol of this platform is enabling the community as well as anonymous whitehat users to report vulnerabilities in a secure as well as an ethical way to companies where these companies are not Buglab customers. The ecosystem of the Vigilante protocol of this platform is given below:

The Computer Emergency Response Teams: The Buglab platform’s Vigilante protocol providing a smart contract which is enabling communication of sensitive information in a confidential as well as secure manner. The computer emergency response teams are administered by many countries across the globe through the applicable certified national authorities. This team will be notifying the company in question of a vulnerability which has to triage and score it. This platform will give reward in tokens when the company marks a vulnerability as resolved.

Assigning pentester status: This platform’s Vigilante protocol will be assigning a pentester status for a whitehat to reach and able to participate in the various challenges. The participant of the challenges will meet two mandatory requirements and furnish ID at last one certification when signing up for the Buglab platform. This platform will approve account when requirements have been validated. The website link of the bugleb platform is https://buglab.io/.
The Buglab Vigilante protocol reserve: The Buglab platform’s Vigilante protocol reserve (VPR) has different functions. This functions one function is reward whitehat researchers. The researchers are contributed to the vigilante protocol by drawing up reports about the vulnerability. The Buglab VPR plays an intermediary role which is allowing compensating CSIRTs as well as CERTs. This system is enabling the Buglab platform to pay fees that are inherent to the various transactions on the Ehtereum blockchain.

The Buglab transaction reserve: The Buglab transaction reserve is enabling financial transactions to make on the blockchain in the regular course of operation. This system requires payment of transaction fees to miners in order to get included in the block. When TDE tokens initial allocation end the reserve will be funded with the smart contract. The reserve will be funded by one percent of the customer’s cost of each contest and one percent of all reward provided during the contest. The reserve will be funded by one percent of all rewards form the VPR.

The Buglab platform token detail:

The Buglab platform is a tokenize cryptocurrency platform who has created own token with the smart contract of the blockchain technology. They created this token based on the Ethereum blockchain platform. The Buglab token symbol is BGL. This token is ERC20 standard utility token. This platform’s total token supply is 425, 000, 000 BGL tokens. This platform’s token sale allocation is 170, 000, 000 BGL token. The funding goal of the token sale is $ 20, 000, 000 US dollar. This platform’s public sale price is $ 0.15 US dollar. The token sale accepted currency is ETH (Ether). The website link of the bugleb platform is https://buglab.io/. This platform will give a bonus in the pre-sale of tokens. The pre-sale bonus structure is given below: