The Polyswarm Project Uses Cryptocurrency to Promote Cybersecurity
Rahul Kalvapalle — January 10, 2018 — Tech
References: polyswarm.io & coindesk
A company by the name of Polyswarm is looking to revolutionize the cybersecurity space with the creation of a malware-fighting marketplace that is designed to bring together cybersecurity experts from around the world to develop new solutions, with their efforts fueled by a special cryptocurrency token called Nectar.
In recent years, there has been a spate of malware and viruses taking over people's computers and causing widespread havoc. According to the people behind Polyswarm, one of the problems with the current setup is that cybersecurity experts don't have enough incentive to proactively go out and identify new malware so that they can be stopped before they spread.
This is where the Polyswarm malware-fighting ecosystem comes in. By rewarding security experts with Nectar cryptocurrency, Polyswarm hopes to sweeten the pot for people with expertise in fighting online viruses, helping to create a safer Internet for all.
In recent years, there has been a spate of malware and viruses taking over people's computers and causing widespread havoc. According to the people behind Polyswarm, one of the problems with the current setup is that cybersecurity experts don't have enough incentive to proactively go out and identify new malware so that they can be stopped before they spread.
This is where the Polyswarm malware-fighting ecosystem comes in. By rewarding security experts with Nectar cryptocurrency, Polyswarm hopes to sweeten the pot for people with expertise in fighting online viruses, helping to create a safer Internet for all.
Trend Themes
1. Malware-fighting Marketplaces - The use of specialized marketplaces that leverage cryptocurrency to incentivize cybersecurity experts to develop new solutions for combating malware.
2. Cryptocurrency Rewards for Security Experts - The integration of cryptocurrency tokens as a form of payment to motivate cybersecurity experts to proactively identify and prevent malware from spreading.
3. Collaborative Cybersecurity Ecosystems - The creation of online platforms that bring together cybersecurity experts from around the world to collectively fight against malware and viruses.
Industry Implications
1. Cybersecurity - The cybersecurity industry can leverage specialized marketplaces and cryptocurrency rewards to drive innovation and develop new solutions for combating malware.
2. Cryptocurrency - The cryptocurrency industry can tap into the cybersecurity market by offering rewards in the form of tokens to incentivize security experts to proactively identify and stop malware.
3. Technology Innovation - The integration of collaborative cybersecurity ecosystems can drive innovation in the technology industry by bringing together experts to share knowledge and develop new solutions for combating malware.
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