The advent of the internet, which is believed by many to be a great invention, if not the greatest by man. Since its inception we have witnessed a series of downtrend and uptrend , with the major uptrend being the invention of social media, with which a majority of its users have been able to keep in touch with relatives no matter the distance, and also the storage of important and sensitive information user by companies on the web, However with all these advantages we are still not safe from a major cankerworm which has been troubling internet users in term of security and privacy, Yes, the fear of being hacked, people/companies that have been subject of a major hack have had a majority of their funds carted away with as well as sensitive information being leaked out, most companies who go through this phase often do not make out of the mess, although a majority of solutions have sprung up over time, but none of these seem to be effective as hackers always do find a way to get around this solution, but with the advent of blockchain technology there is a solution to this major problem in hand.
What is bitfence and how does it work?
It is a cyber security solution that utilizes blockchain technology in identification and prevention of hack through a decentralized ecosystem.
It works through the use of honey pots (miners), this honey pots mislead hackers into thinking they are trying to gain access to a valuable system, during this process hacker's valuable information such as ip address,way the hack is being carried out etc are received and analyzed and with the use of Artificial Intelligence a counter attack is being initiated. After which the solution and a way to prevent the hack is created and stored.
What bitfence can do
- Detect , prevent and respond to cyber threats
- Deploy and update threat information to subscribed systems
- Receive and analyze threat signature from its honey pots
And also a host of other advantages listed in the white paper (link below)
Roadmap
Bitfence team
Token information
Token type - Erc20 token
Total supply - 1billion
Supply available for sale - 500million
Accepts - eth,btc,ltc, dash
Softcap - 2,000 eth
Hardcap - 65,000 eth
Price - 1eth=6000 HNYZ
Conclusion
Bitfence is a project i believe has what it takes to make the internet a safe place, with the team attending major events such as the new york blockchain summit which took place earlier this year.
And also unveiling of its product proof of threat mining hardware.
.
This project is very well worth investing, should you need any information feel free to access of any of the links below
Website
Whitepaper
Twiter page
https://bitfence.io/
https://bitfence.io/data/BitFenceWP-EN-1.6b.pdf
https://twitter.com/BitFence_
Author's bitcointalk username - lektai
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