Uncloak Will be used by Businesses

stazhao (61)in #ico • 6 years ago (edited)

In the past year, many companies have faced data breaches by hackers. The result of this has been loss of millions of dollars and a severe damage to companies’ reputation. Due to this, companies are scrambling for ways to defend against cyber attacks but the results haven’t been that good.

Blockchain technology, however, offers a solution to this. Uncloak is a start-up that wants to use blockchain technology to fight cyber attacks and make businesses and their customers secure from hackers. Uncloak uses AI technology to store, on the blockchain, information on all cyber attack-linked data and companies can use this data to defend themselves. Uncloak also wants to use a community of hunters to use its technology to find weaknesses in company cyber defenses and the hunters will be rewarded for this.

Real World Utility

A lot of blockchain start-ups are having a hard time moving from paper to the real world. Uncloak is one of the very few that definitely has real world utility but is also pushing in a market where businesses desperately need the service it is offering. For a start-up, early business can be tough but cause Uncloak is filling a need that companies need to urgently fill since hacks cost them millions of dollars, businesses are willing to eagerly adopt new means of defenses.

Uncloak is a blockchain product that could quickly make its way into the market with a genuine client base. Uncloak is utilizing the two most advanced technologies of today to bring services that businesses always want: security and cost-savings. The cost casings are derived from the fact that companies won’t be losing money anymore to hackers.

Offering desirable value is what makes Uncloak a product that can easily go from an idea to a widely used service across the business world.