REVIEW ICO BUGLAB

WHAT IS BUGLAB?

Buglab is a platform based on Ethereum that connects companies with a global network of cyber security researchers.
At the heart of Buglab's ecosystem, there are two programs - the buglab contest and the Vigilante protocol, which help companies around the world discover and fix vulnerabilities in digital solutions or assets they.

Buglab Contest
Buglab links its customers with a global network of intrusion-enabled cyber security penetration testers in a recommended environment. Rewards will be given to the testers based on the discoveries they found in the time limit contest.

What is the Vigilante protocol?
With this protocol, Buglab provides a way for white hat hackers to share their discoveries about vulnerabilities in the system. They will then work with certified people around the world to verify those findings and notify them to companies in distress.

BUGLAB CUSTOMERS

1. Small and Medium Enterprises
The SME community is the foundation of a nation's economy. This is a very important component in the structure of the economy. Small and medium businesses from all over the world will be better protected with digital assets when they come to the BugLab.

2. People who have certificates and computer security incident response teams
They can collaborate with Buglab to build more robust containment systems that help companies stay safe in a cyber-threat environment.

3. Pentester (Penetration Testers) and Whitehat (White Hat Hackers)
The Buglab platform is built for a global network of professional security researchers looking for a reliable way to help businesses around the world and get compensation.
Here is the concept Pentester I want to explain more clearly. Pentester (or Vietnamese penetration testers) is a form of testing your IT system to be compromised, by simulating the test attacks generated. Penetration testing (Pentest) is simply a security assessment by hacking into the system. Vulnerability Assessment is a process of reviewing services and systems to identify potential security issues or to detect traces when a system is compromised. The person performing an intrusion test is called Intrusion Checker or Pentester.
Access to the test requires the permission of the system owner. Otherwise, you will be hacking the system, and that is illegal. In other words: The difference between penetration testing and hacking is that you have the permission of the system owner.

BUT check the system penetration and Bug bounties are experiencing problems!

1. Cost is not effective
Companies do not make the most of their spending, whether it's hourly pentester models, or a pay-for-loss model.

2. Lack of resources
Network security companies usually only bring a few pentesters to do a task, this restricts their skills.

3. Unrelated reports
In fact, with bounties, the researchers pay close attention to the number of bugs without taking into account the quality of the detection. That brings very little value to the customer.

THE SOLUTION OF BUGLAB

The Buglab platform links organizations with information security needs, with a community of certified intruders testing systems, testers will be rewarded when they spot system vulnerabilities, which are Ranking by severity and impact, that is the difference. It is made like a race against time. More importantly, finding the only flaw rated above simply creates a list of issues.

BUGLAB FEATURES

There are many features on the platform that make it easy for users to customize their penetration testing methods. While private contests refer only to a small test community, public testers are created by companies that set their estimation criteria, with invitations to participate in the community. Buglab.

Users will also be able to select participants by country, region, core skill, or total user score from the selection filter on the platform. There is a fixed companion function that the Buglab team verifies that fixes have been made.

There is also a Vigilante protocol that Buglab offers white hat hackers the opportunity to inform enterprises of not using the platform of vulnerabilities they may not know. Ethically and sustainably, white hat hackers will disseminate information.

Buglab platform users will enjoy affordable and affordable payment systems for small and medium businesses. In addition, the user has the right to a full refund, if no holes.
Businesses will be provided with reports on the security contest. The report will detail the performance of each contest. With this, customers can compare the security status of their properties.

TEAM

Buglab team is experienced experts in the field of network security, IT, Blockchain, Software Development, Marketing.
The CEO of the project is Mr. Reda Cherqaoui, an expert in cybersecurity, who has been working since the age of 16. He is involved in companies from the banking sector to electronics manufacturers.

ROADMAP

BUGLAB NOTICE AND BUGLAB ICO

The BugLab Token (BGL) is built on Ethereum's ERC-20 platform. The BGL token is required for all transactions in the Buglab ecosystem, from placing a contest to rewarding pentesters and whitehats.

BUGLAB ICO

Name of the token: BGL
Selling Price PreICO: 1 BGL = $ 0.15
Acceptance of payment: Ethereum
Minimum investment: 6.67 ETH
Softcap: $ 6,000,000.
Hardcap: $ 20,000,000.
Made in: Gibraltar.
Request KYC and whitelist.
Prohibited areas: US and Mainland China

CONCLUDE
Here is the basic information about the Buglab project that I want to give you. Buglab is a platform based on Ethereum that connects companies with a network of global expert security researchers. It can be said that the problem that the project solves really exists. And application of blockchain technology and decentralization of the whole process involved in the field of security. A lot of information about the project is provided on the project website and in the document. Overall, the project looks pretty good.

For More Information Visit:
Website : https://buglab.io/
Whitepapper : https://buglab.io/assets/docs/Buglab_WhitePaper.pdf
ANN: https://bitcointalk.org/index.php?topic=2851719.20
Telegram: https://t.me/buglab
Twitter: https://twitter.com/joinbuglab
Facebook: https://www.facebook.com/buglab.co
Reddit: https://www.reddit.com/r/buglabProject/

Bitcointalk ID: thachthuat

BTT link: https://bitcointalk.org/index.php?action=profile;u=1900976