Kamis, 28 Juni 2018

BitFence - The Decentralized Threat Intelligence Platform



Zero-day vulnerability, in its core terminology, is a weakness. Zero-Day is an unknown exploit in the wild that exposes security vulnerabilities in software and / or hardware that can create complicated problems long before anyone is aware. In fact, zero-day exploits leave NO chance for detection. Almost all companies in the world are attacked by hackers and encountered with zero-day threats.


What is a zero-day attack? Zero-day attacks occur when the defect, or software / hardware vulnerability, is exploited and the attacker releases malware before the developer has the opportunity to create software patches to fix vulnerabilities - hence "zero days". Once a patch is written, issued and deployed, exploits are no longer called zero-day exploits. These attacks are rarely found immediately. In fact, it often takes months and sometimes years before the developers learn about the vulnerabilities that cause attacks.


According to the Ponemon 2015 Report, the average detection time is 256 days on average. This delay in detection and response leads to massive and irreversible privacy and financial damage. A similar attack is being observed on several targets at different geographic companies that may have been protected if a proactive defensive approach has been understood and therefore adopted.


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The solution offered by BitFence is to reduce the average time it takes to detect zero-day malware. In addition, the developers of this project will proactively use defense solutions to reduce threats. The BitFence solution proactively protects the user's network prior to hacking. To achieve this, BitFence consists of these three parts: Installing a Distributed HoneyPot - BitFence will offer incentives to anyone running BitFence software. Miners will be rewarded via the HNY token.


Data Gathering - Hazardous data collected by miners will be analyzed and ranked according to these risk factors. This will be achieved with the help of AI in real-time; Distributing Information - Once data is collected, the data is fed to all BitFence customers. This helps to reduce similar threats in the future.

Use of BitFence: Scenario of Small Company A - Company A is a small business that makes toys for children. The company runs an e-commerce store hosted in the cloud. Hackers continue to attack corporate sites, e-commerce stores and with various servers and databases. Because of this attack, the customer's personal data and site operational times are always at risk. To solve this problem, BitFence offers cost-effective solutions at minimal cost. Existing solutions are very complex and cost around $ 5K each month. The protection offered by BitFence will block high threats, nasty payloads and other risky IP addresses, just seconds after being identified. The good thing is that this will all happen at a very reasonable price.


Company Scenario B - Company B has many cloud service providers. A consulting firm has many offices in various places. They also utilize VPN with F5 gateways. Companies are aware that their servers are often attacked. They exert a lot of action, but they may not be fully effective. For example, the possibility of a hacker using the same IP address and leaving the same traces is very low. BitFence will assist Company B by providing access to zero-day vulnerabilities discovered by BitFence miners.


The BitFence Cyber ​​Solution mission is to reduce the average detection time of zero-day malware and to adopt and deploy a proactive defensive approach / solution to reduce other systems from similar cyber threats. BitFence Cyber ​​Security Threat and Intelligence comes in two different artifacts - Mining / Threat Identification / detection and Risk Threat assessment, signature deployment and mitigation.


Mining will be done by globally dispersed individuals using BitFence devices and software. The mining platform is integrated with a BitFence centralized server where risk assessment of threat signatures is evaluated. Once the threats are evaluated, signatures are deployed for individual subscription and business subscription systems to reduce them from zero-day malware and other cyber security threats.


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BitFence's overall vision is to provide a zero-day threat intelligence solution to protect people from hackers. BitFence will help companies and individual users to choose the appropriate security solutions to meet their needs. BitFence will help implement and integrate the solution with existing network hardware and software with minimal modifications or configuration changes. Once installed, the BitFence system will create a landscape threat report to meet compliance / regulatory requirements.


BitFence Cyber ​​Security is a global intelligent contract-based Cyber ​​threat prevention system that offers a direct and unmatched advantage over existing network security solutions. In addition, in addition to zero day defense, BitFence also provides incentives to those who deploy BitFence configured honeypots to attract distributed hackers around the world.


When hackers break into BitFence Honeypots, the system captures and analyzes the attacker's signatures using specially designed Artificial Intelligence software and alerts / sends threat protection to all of its customers. For example, if Company 'A' who is already a BitFence customer located in the United States is attacked by a hacker; customers of other systems residing in other regions (eg in Europe, Asia or Africa, etc.) will be protected from similar attacks in seconds.


BitFence comes in the form of a digital currency named HNY. The HNY Token will go on sale from 1 May 2018 to 1 July 2018, at a price of 6000 HNY equivalent to 1 ETH. The token purchase itself can be done with foreign digial currency such as ETH, BTC, LTC and DASH. Do not forget, get also purchase bonuses at certain time period.


BitFence itself is the result of teamwork co-hosted by Abdul Khan, BitFence strives to provide their best capabilities in this project. In addition, the team also strives to provide the best benefits and services, to anyone interested in joining the project.




BitFence has been designed and created by a team of highly experienced technology experts. Team members bring together expertise that gives them an in-depth understanding of the challenges many crypto companies face including legal, regulatory and compliance issues.


So that's all for review our ICO project for this time, hopefully can increase your knowledge in choosing the best project ICO to you invest. If you are interested in joining this project, or intend to buy a token in the sale. You can visit their official website and page below:




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