UNCLOAK: BLOCKCHAIN POWERED CYBER THREAT DETECTION

Everything in this world is two-faced. For every positive there's a negative, with innovation, the package also comes with regression. With the presence of good, there's always something bad.

As we have progressed so far since we started, we have created so much new and advanced, but there's always a misuse of what's good.

Today, regardless of the field, there is a need for security everywhere. Personal security is a well-established industry today for physical threats.

But as we have stepped in the future, physical threat is merely one of all the other threats.

With the establishment of the Internet, the world has taken not a step but a leap into the future. It is responsible for having a huge impact on every existing industry. As we became more reliant towards the cyber world, cyber threats started to grow.

These threats affect people and businesses in many ways, causing a lot of damage.

It's not practically possible to abolish "bad" completely from the equation, but at least we can make an effort to protect ourselves.

STATE OF TODAY'S CYBER SECURITY

With the expansion of The Internet, cyber security has become one of the world's biggest issues. Cyber threats have been responsible for causing a great deal of destruction for almost every industry.

The market has suffered dearly due to the increasing commitment of cyber-crimes. To run a rough estimate, it is believed that cyber-crimes would be causing around $6 trillion USD worth of vandalism to the economy each year by 2021. The condition has not just affected big businesses, but also individual people.

The available solutions now to prevent this have been evidently ineffective. Although these solutions are usually costly and require top-notch skill as well as a flashy setup, they still don't stand a chance against the upcoming threats.

The hackers find loopholes in the existing security systems to exploit it where it is weak. And it is only possible to cope up with them after some damage is already caused and the threat is identified.

But by that time the exploiter changes his method so the acquired information stands pointless.

The prime reason behind it is that the hacker already has access to the security and is familiar with its shortcomings. This makes it a piece of cake for him to find system limitations.

But what if there was a way to prevent all of this?

How does UNCLOAK plan to provide better security?

If it is clear to us that the hacker is more likely to exploit a technology he is familiar with, then why don't we take this away?

CSaaS was been awarded best in class IT consultancy Q4 2017 by Wealth and finance magazine just before it was transformed into a stronger and more capable system called – UNCLOAK.

UNCLOAK has been keen on developing a scalable security system which is based on the latest blockchain technology.

Due to its decentralized nature, UNCLOAK will be able to apply the knowledge on not just one, but a full-size community to find the vulnerabilities and shortcomings that make a system exploitable. This end product integrated with all the communal expertise will be an unbreakable platform.

Built-in AI will always help the platform cope up with upcoming threats and then transform the security to combat similar threats.

This tool will scan through the user's system pointing out all the vulnerabilities without the need for a tech geek or expensive infrastructure.

UNCLOAK has planned ahead a lot of features to offer, let's learn about a few:

Bug bounty : The platform is designed to operate based on smart contracts, one of the features of the blockchain. Thy plan on having an award system which will issue UCC tokens to the ethical hacker for every threat to security they find and report.

Using the AI: UNCLOAK will have constant surveillance on the Dark web, a hidden part of the internet. This will keep the platform updated of the newly designed penetration software. The information can be then used to improve the security.

UNC TOKENS: POWERING THE PROJECT

50% of the total UNC tokens generates will be made available for sale at the ICO.

The presale starts from 25th May 2018 to 25th June 2018 with a bonus of up to 30%. ICO starts after the end of presale i.e. from 26th June 2018 to 3rd July 2018 with a bonus of up to 10%.

1 UNC = 0.0100 USD

Hard cap: $21,000,000 USD

Soft cap: $6,000,000 USD

The UNC tokens are ERC 20 tokens and can only be purchased using ETH.

THE VERDICT
The increasing requirement of cybersecurity and industry’s inability to cope up has already caused an unrecoverable loss.
There is a need for a new way to combat these unlawful instances to prevent any further damage.
Thankfully, UNCLOAK has an idea which may serve as a working solution by providing infrangible security.

Website: https://uncloak.io/
Whitepaper: https://whitepaper.uncloak.io/
Telegram: https://t.me/uncloakio

Blog by ollivander7
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1069616