BUGLAB - BRINGING BLOCKCHAIN TO SECURE OUR NETWORKS
Introduction
Today's computing technology has taken a new level. Contribution in this field has increased so extensively that any business or corporate world cannot stand without it.
"Just like water is a necessity for our living, IT has become a necessity for the company to sustain!"
The dependence of various industries into this world has increased, like if you notice from manufacturing clothes to designing house we look for Internet to help us. The Internet has given us much information that anyone could, have given us, but it has also given us instability which we can't handle. Anything which is in excessive, is a Danger; even overeating can lead to obesity or anything else than this is just a part of technology. It will get hampered, it will be affected!
Getting attacked by bugs and breaching of the security code is the modern instability that has developed! Bugs is a speed breaker for any company with computers and networking nodes sending bits of information. And every company has its know computer technology. Thus every company or entire humankind is affected by it. Virus, bugs, worms, Trojans etc are different terms with the same meaning: "Danger: Be caution!" Because it disturbs your PC's health very badly. It can eat memory and thus slow down your PC. It can even spy on your secret files. Thus leading to breaking of the system and hard work done.
They are no companies that are safe from these brutal vulnerabilities. Big companies will hire technicians that will take care of their system. But what about the small and medium scale industries? What about their systems?
Buglab, an Ethereum based Blockchain supported company that protects your system with incoming dangers by scanning it on a timely basis and removing it.
Doing any job requires talent and motivation. Employees have talent, than it's companies job to motivate them. There is no better reward for this white haters than giving them companies released tokens. As the company will focus on checking vulnerabilities and discovering it, before letting it damage anything. It will hold contests between various penetration testers and checkers for a limited time, the one with more perfect checks will be rewarded. The second one being the Vigilance Protocol where the team of white haters will join hands with CERT (Computer Emergency Response Team) and CSIRT (Computer Security Incident Response Team) to locate these threats and to verify it.
Thus Buglab is for small or medium-scale companies that are looking for protection. They will contact buglab to keep check on this things. That job will be transferred to White haters and Penetration testers who will look for vulnerabilities and threats, identify them and send it to team to CSIRT and CERT for verification. They will confirm the possibility of the identified substance being a threat or no! And thus the one who has hard worked, will be rewarded.
Buglab Token will be released to reward the winners of the contest and also to reward CERTs and CSIRTs for finding vulnerabilities and helping build new partnerships. The companies have to get tokens and buy services against this tokens.
ICO and the Team
The token is based on ERC20 Ethereum technology. With 425 million supply for tokens, the company will distribute 40% of the tokens for the public. Other 60% will be allocated for various purposes like for Advisors, for Team and Management, Contributors, for Marketing Purpose, Community campaigns and for Product development. The funds collected will be used for the development of the company where they will focus on marketing campaigns, Development of products, Legal and accounting, Business development and many things that will stage company to the better position.
Conclusion
The technological boom in this recent century leads to incoming of more discoveries, emerging of new markets, and increase in long-distance connectivity, getting people and work closer, boost trade. But with increase in health of many sectors due to emergence of Information Technology(IT), also there is increase in the bandwidth for incoming of threats in the new form that are hidden behind those hubs and switches, between those connecting nodes which can damage your data, disturb your PC, look for your secret recipes, and make duplicate copies of your data.
Thus Buglab with bringing all white haters, vulnerability checkers, and good digital doctors together to diagnose it and remove it from there system has done a good job by keeping both side of the party safe and happy.
Website - https://buglab.io/
Whitepaper - https://buglab.io/assets/docs/Buglab_WhitePaper.pdf
ANN - https://bitcointalk.org/index.php?topic=2851719.0
Telegram - https://t.me/buglab
Published by - prince0200
Profile - https://bitcointalk.org/index.php?action=profile;u=1807689