Buglab ICO Review – Affordable Cybersecurity Penetration Testing For All
With
the development of blockchain technology, many useful revolutionary
applications have been born. This is due to the wide range of
applications that allow it to decentralize a spectrum of the system. I
would like to introduce a new blockchain platform with the task of
decentralizing network security with the help of whitehat to keep SMEs
be protected — BUGLAB.
BUGLAB
is a platform based on Ethereum that connects companies with a global
network of cyber security researchers. There are two programs — the
BUGLAB contest and the Vigilante Protocol, which help companies around
the world discover and fix vulnerabilities in digital solutions or
assets.
We have two concept: The BUGLAB contest and Vigilante protocol
BUGLAB contest
Buglab
links its customers with a global network of intrusion-enabled cyber
security penetration testers in a recommended environment. Rewards will
be given to the testers based on the discoveries they found in the time
limit contest.
Vigilante protocol
With
this protocol, Buglab provides a way for white hat hackers to share
their discoveries about vulnerabilities in the system. They will then
work with certified people around the world to verify those findings and
notify them to companies in distress.
So, who is customer of BUGLAB
Small and Medium enterprise ( SMEs) which is need protected their digital assets when they come to the BUGLAB.
Certificates
and Computer Securties Incident Response Team can be a partner with
buglab on building a sustainable vulnerability prevention system to help
companies.
Or Pentester & Whitehats looking for a trusted way to help businesses worldwide and be compensated.
We
have a concept “Pentester” I want to explain more clearly. Pentester is
a form of testing your IT system to be compromised, by simulating the
test attacks generated. Penetration Testing (Pentest) is simply a
security assessment by hacking into the system. Vulnerability Assessment
is a process of reviewing services and systems to identify potential
security issues or to detect traces when a system is compromised. The
person performing an intrusion test is called an intrusion tester or
pentester.
Access
to the test requires the permission of the system owner. Otherwise, you
will be hacking the system, and that is illegal. In other words: The
difference between penetration testing and hacking is that you have the
permission of the system owner.
But the Penetration System and Bug bounties are having problems!
Cost inefficient
Companies do not get the most of their spending, whether it’s hourly pentester models, or a pay-per-vulnerability model.
Lack of resources
Network security companies usually only bring a few pentesters to do a task, which is limit their skills.
Irrelevant reports
In
fact, with bounties, the researchers pay close attention to the number
of bugs without taking into account the quality of the detection. That
brings very little value to the customer.
BUGLAB solution
There
are many features on the platform that make it easy for users to
customize their penetration testing methods. While the private contest
refers to a small test community, public testers are generated by
companies displaying their estimated criteria, with the invitation to
join the entire Buglab community.
Users
will also be able to select participants by country, region, core
skill, or total user score from the selection filter on the platform.
There is a fixed companion function that the BUGLAB team verifies that
the fixes have been made.
There
is also a vigilante protocol that BUGLAB gives whitehat the opportunity
to inform businesses not to use the platform of vulnerabilities they
may not know. Ethically and sustainable, whitehat will disseminate
information.
Buglab
platform users will enjoy affordable transparent payment systems for
small and medium businesses. In addition, the user has full refund
rights, if there is no flaw.
Business
will be provided with reports on the security contest. The report will
detail the performance of each contest. With this, the client can
compare the security status of its properties.
In addition to the competition system, Buglab also introduced a global integrated blocking program called “the Buglab Vigilante Protocol”. It is a system that allows you to report vulnerabilities of companies that are not customers of this platform.
In
summary, Buglab provides a comprehensive, secure and secure solution
for all types of network attacks that can threaten your business.
TEAM
Buglab team is experienced experts in the field of Network security, IT, Blockchain, Software Development, Marketing.
The CEO of the project is Reda Cherqaoui, an expert in cybersecurity, who has been working since the age of 16. He is involved in companies from bank to electronics manufacturers.
The CEO of the project is Reda Cherqaoui, an expert in cybersecurity, who has been working since the age of 16. He is involved in companies from bank to electronics manufacturers.
ROADMAP
The
project began in 2016 with the first people, the first ideas, the first
lines of code. Since then, the project has achieved remarkable
milestones.
March, 2016: Development Begins.
February, 2017: French Tech Ticket. Acceptance and Team Relocation.
June, 2017: IBM Global Entrepreneur. Program Acceptance.
November, 2017: Partnership with CERTs & CSIRT Begins.
Q2, 2018: Public Pre-sale Opens.
Q3, 2018:
- Public Sale Opens.
- Blockchain Migration Begins.
- Public Beta Release.
Q4, 2018 : Launch of Contest & Vigilante Protocol.
BUGLAB TOKEN AND BUGLAB ICO
The
BugLab Token (BGL) is built on Ethereum’s ERC-20 platform. The BGL
token is required for all transactions in the BUGLAB ecosystem, from
placing a contest to rewarding pentesters and whitehats.
Token: BGL
PreICO Price: 1 BGL = 0.15 USD
Platform: Ethereum
Accepting: ETH
Minimum investment: 6.67 ETH
Soft cap: 6,000,000 USD
Hard cap: 20,000,000 USD
Country: Gibraltar
Whitelist/KYC: KYC & Whitelist
Restricted areas: USA, China
PARTNER
The
project has been working with French partners such as the French Tech
Ticket — a one-year program of the French government to attract talented
and ambitious individuals from around the world and help them set up,
establish and develop their beginnings in France; La French Tech; ,,,.
The project is also looking for potential new partners in the future.
+ WhitePaper: https://buglab.io/assets/docs/Buglab_WhitePaper.pdf
+ Telegram: https://t.me/buglab
+ Instagram: https://www.instagram.com/buglab.co
+ Facebook: https://www.facebook.com/buglab.co
+ Twitter: https://twitter.com/joinbuglab
+ Youtube: https://www.youtube.com/channel/UCmGh-O5eRtbQchWmy8cFjYA
+ Medium: https://blog.buglab.io/
+ Github: https://www.reddit.com/r/buglabProject/
Authored by: duyhenry
Personal:
+ Twitter: @duyhenryerr
+ Telegram: https://t.me/duyhenry
+ Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1348563
+ Bitcointalk Username: duyhenry
+ My ETH WALLET: 0xe4e4738ed64f115c8e9d28A1817e24d7D16cDA32
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