Sentinel Protocol: Solution to crypto-asset threats

in #security6 years ago

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With evolution of Blockchain and the technological revolution it bought, there are many challenges securing the valuable crypto assets from hacking, scams, and fishing that is being caused by lack of one comprehensive security database. To solve these issues, Sentinel Protocol came up with Security Intelligence Platform for Blockchain that can be integrated with exchanges, wallets, and payment services.

The Sentinel Protocol works with “The Sentinels”. “The Sentinels” are the qualified cybersecurity expert groups or individuals around the globe who investigate and validate the attacks and trace the attackers and upload their findings to TRDB, and are then rewarded with “Sentinel Points”. The database will be used to build Collective Intelligence System, a decentralized database of malicious threats which can later be used to prevent scams, hacks, and malicious attacks.

Sentinel Protocol came up with three methods to ensure security within Blockchain:

Threat Reputation Database (TRDB): Decentralized database of threat information collected by The Sentinels that can be used by individual, exchange, and organization to prevent future malicious attacks.

Machine Learning Engine Integrated Security Wallet (S Wallet): A wallet with Fraud Detection System that keeps track of abnormal behaviors, filters malicious URLs and suspicious wallet addresses, and prevents attacks with benefit of machine learning technology.

Distributed malware analysis sandbox (D - Sandbox): A security mechanism where users can trigger “The Sentinels” to test and analyze the threat in a separate virtual machine.

And finally, It will not only help to secure the cryptocurrency assets, it will also encourage "The Hackers" to become "The Sentinels" by making the hacking job unattractive. So, in the end, I would like to say "BE THE SENTINELS, NOT THE HACKERS"

Learn more about the project and the whitepaper, please visit https://sentinelprotocol.io.

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