BitFence - Remove Hackers From Your Network

What Is Bitfence ?

Bitfence is advanced cybersecurity solution that will proactively identify hackers and distribute their profile information to the protected community over blockchain. HNY Token is a utility token designed to be a proof-of-threat, a token that a person running our hacker-miner (StingMiner) will receive in exchange of hacker's digital fingerprint. We collect, analyze and correlate these fingerprints and provide 0-day thread feeds / blocking lists for our subscribers. Subscription packages and routers priced in HNY tokens beat in quality, speed and price all global threat competition.

About BitFence

Mission of BitFence Cyber Solution is to reduce the average detection time of zero-day malware as well as adopt and deploy a proactive defensive approach/solution to mitigate other systems from similar cyber threats.

BitFence offers its users with tools required to scale the growth of cyber threat and protects networks proactively, before any harm would have occurred to the network and related assets.

BitFence ecosystem consists of following three main parts:

Installation of BitFence designed Distributed Sensor Network (also known as Distributed HoneyPot). BitFence offers the incentives to anyone who runs BitFence designed software and/or hardware “miner”. These miners will automatically detect and reports suspicious cyber related activities. The miners will get rewards through distribution of BitFence ‘HNY’ Tokens.
Malicious and suspicious data being gathered by miners will automatically be analyzed, processed and ranked (in accordance with risk factor) by artificial intelligence algorithm in real time. The list of signatures therefore be updated accordingly.
Finally, once the data is processed and malicious actors (hackers) are identified, the information is instantaneously fed to all BitFence subscriber in order to mitigate them with similar threat.

BitFence Blockchain Hacker Threat Intelligence Solution

The solution offered by BitFence is to cut down on the average time needed to detect zero-day malware. Besides that, the developers of this project will proactively deploy a defensive solution to mitigate the threats.

The BitFence solution proactively protects users’ networks before any hacks have occurred. To achieve this, BitFence is comprised of these three parts:

Distributed HoneyPot Installation

BitFence will offer incentives to anyone that runs the BitFence software. Miners will be rewards via the HNY tokens.

Data Gathering

The malicious data that is gathered by miners will be analysed and ranked according to this risk factor. It will be achieved with the help of AI in real-time.

Distributing The Information

Once data has been gathered, the data is fed to all BitFence subscribers. It helps to mitigate similar threats in future.

BitFence Use Cases

Small Company A Scenario

Company A is a small business that makes toys for children. The company runs an e-commerce store hosted in the cloud. Hackers are continually attacking the company's site, e-commerce store and with various servers and database.

Due to these attacks, the customer’s private data and the site uptime is always at risk. To address this issue, BitFence offers a cost-effective solution with minimal costs. The existing solutions are complex and with costs of about $5K every month.

The protection offered by BitFence will block the high threats, malicious payloads and other risky IP address, just a few seconds of being identified. The good thing is that this will all take place at very reasonable prices.

Company B Scenario

Company B has numerous cloud service providers. A consulting company has multiple offices in various places. They also utilize VPN with F5 gateways. The company realizes that their servers are often under attack. They deploy numerous measures, but they may not be entirely effective. For instance, the probability of a hacker using the same IP address and leaving the same footprint is quite low. BitFence will help Company B by giving it access to the zero-day vulnerabilities discovered by BitFence miners.

What Is BitFence HNY Token?

The HNY Token has been designed a utility token that will work as a proof-of-threat token. It is a token, which anyone running his or her StingMiner will get in exchange for accessing the digital footprint of the hacker. The developers of this project then collect and correlate the fingerprints and offer 0-day thread feeds or blocking lists for their subscribers. The subscription packages are prices for HNY tokens.

BitFence HNY Token ICO Details

The pre-ico for the HNY token is live now through 04/30/18. The main-ico starts on 05/01/18 and goes through 07/01/18.

Token Type: ERC20

Token Minting Model: No pre-mint, minted on purchase, immediate delivery

ICO Structure: 30 days pre-sale + 60 days main-sale

Accepted Payment Methods: ETH, BTC, LTC, DASH

Hard Cap: $50,000,000USD

Base HNY Price: 1 ETH = 6000 HNY

The Amazing Team