BUGLAB: CYBERSECURITY PENETRATION TESTING
Cyber security is associated with information technology security, which focuses on protecting computers and confidential data stored in it from cyber criminals. Cyber security market offers several advantages including enhanced security of cyberspaces, expanded digital safeguard and quicker reaction time to national crises. These advantages of cyber security market automatically enhance the value of service given to the market end-users.
Cyber security referred to the processes and technologies designed to safeguard, computers and data from cyber crime. Governments, military, financial organizations, hospitals and several other industries gather and store or transmit a large amount of confidential data on computers. In order to protect this information or data cyber security becomes essential. Internet security or cyber security is a branch of computer security specifically related to internet. The Internet has given rise to new opportunities almost in every field such as business, sports, education or entertainment and many others. However, the internet has its own drawbacks like cyber crime, where the computer used for various types of thefts and crime. Various types of cyber crimes include hacking, software piracy, denial of service attack, and cyber terrorism. The purpose of cyber security is to establish rules and measures to use against cyber crimes over the internet.
Buglab will offer a unique, competitive, incentivized, and easy-to-use platform to address this widespread and growing business need. Buglab will assist companies, whether in IT, financial services, or in retail, to identify and mitigate cybersecurity gaps they may not (but should) know about.
The Buglab platform detects and remedies vulnerabilities on various business applications, websites, mobile applications, Internet of Things (IoT) devices, and smart contracts by transforming penetration test services into challenges, referred to as contests, for a community of independent information security consultants with certified qualifications.
The Buglab platform links organizations that have information security needs, which is just about all of them, with a community of certified cybersecurity penetration testers in an incentivized environment, where testers are rewarded when they uncover system vulnerabilities, ranked by severity and potential impacts. It’s done as a race against time. Importantly, finding unique vulnerabilities is ranked above simply producing a list of issues.
Total Token Supply: 425,000,000
Token sale allocation: 170,000,000
Funding goal: Equivalent of $20,000,000
Public sale price: Equivalent of $0.15
40% – General token sale
10% – Future product development
10% – Marketing
7% – Advisors
20% – Vigilante Protocol reserve
10% – Team
2% – Community campaign
1% – Buglab transaction reserve.
USE OF PROCEEDS
45% – Development & staffing
12% – R&D
22% – Marketing
16% – Business development
5% – Legal & Accounting.
March 2016 – Development Begins
February 2017 – French Tech Ticket acceptance & team relocation
June 2017 – IBM Global entrepreneur program acceptance
November 2017 – Partnership with CERTs/CSIRTs Begins
Q2 2018 – Public Pre-sale Opens
Q3 2018 – Public Sale opens
Q3 2018 – Blockchain Migration Begins
Q3 2018 – Public Beta release
Q4 2018 – Launch of contest & vigilante protocol
Reda Cherqaoui: Founder, CEO
Alexander Belokon: backend developer
Youness Aamiri: Blockchain Developer
Azdine Bouhou: Software Architect
Konstantin Bitskikh: Frontend Developer
Amine Bioudi: Full Stack Developer
Dalal Cherquaoui: Marketing & Communications Manager
Herve Schauer: Advisor
Alexander Reay: Advisor
Douglas Shinsato: Advisor
For more details on this project, please feel free to click on any of the following links:
Authored By: ogtejiri
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1790132