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Security Telemetry: New utility use for Nectar (NCT)

May 17, 2021 3:05:27 PM / by PolySwarm Team posted in Explained, PolySwarm, Blockchain

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Today we introduce a new utility use for PolySwarm’s Nectar token for average users: distributing rewards for security-relevant data about TLS certificates, DNS resolutions, and potentially malicious files encountered in daily computer use. Many of these telemetry sources are already collected from user devices by Antivirus (AV) providers. Still, there are a number of serious issues with how they are collected, how users are compensated for their information, and how these results are shared. By re-imagining how this marketplace works, we can increase collection transparency, fairly compensate all participants in the marketplace, and, most importantly, create a more unified source of security telemetry that will better protect users worldwide.

In our original whitepaper, we discussed the fragmentation of the AV market and how, in its current form, this fragmentation leads to worse outcomes for users in the marketplace. However, this fragmentation is not limited simply to the world of scanner providers: it affects many other parts of the security industry as well. As we built the PolySwarm marketplace, we realized that many of the disparate pieces of security information our customers were trying to connect are often ones that exist, but in practice, are inaccessible due to the fragmentation of the market.

To attack this problem, we are extending our original design and adding a decentralized marketplace for security telemetry. Users will install a browser extension and, later, a system daemon that reports their telemetry, using privacy-sensitive data structures. Telemetry reports are received by Aggregators and are associated with a reporting user’s wallet, allowing querying by PolySwarm’s cyber security focused consumers who pay for query hits in NCT. Everyday users get paid to provide this telemetry, and, Aggregators and backers with NCT get rewarded for timely telemetry that highlights high-priority attacks and under-the-radar malware campaigns.

This new marketplace provides immediate benefits to all participants. Users get more control over their data and are actually compensated for the value they provide, as well as receive early warnings about threats they have encountered. Aggregators are no longer dependent on their own install base for data and earn NCT for providing query computation and telemetry validation. Stakers help the network determine the most useful sources of telemetry and help reduce the threat of spam on the network, for which they also earn a portion of NCT. Finally, Consumers will now be able to access a truly worldwide network to find the data they need to identify and fight emerging threats.

At PolySwarm, our mission is to bring the security community and users worldwide together to fight malware. By leveraging Ethereum’s global, decentralized network, our new marketplace will greatly further our efforts to bring these groups together by enabling (and incentivizing!) everyone to help solve this difficult problem.

Read the whitepaper here

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How to buy PolySwarm Nectar using Uniswap

Mar 24, 2021 10:32:06 AM / by Blake Reyes posted in Explained, PolySwarm, Blockchain

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Introduction

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Telegram users can now use PolySwarm’s free, automated malware detection bot to guard against cyber threats

Mar 23, 2020 7:03:55 AM / by PolySwarm Team posted in Insider, Press, Media, Blockchain, Product, Research

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The Telegram messaging app is used by over 200 million people around the world and has proven to be a great communication vehicle for individuals and companies. Unfortunately, Telegram is also an attractive target for bad actors looking to exploit the platform and people. From cryptocurrency stealers and miners, Telegram has seen its fair share of scams. 

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Keynote from PolySwarm CTO at DEF CON: Blockchain-Security Symbiosis

Aug 20, 2019 1:20:04 PM / by PolySwarm Team posted in Explained, PolySwarm, Blockchain, Threat Bounty, Speaking, events

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Cybersecurity and blockchain technology share a symbiotic relationship. On one hand, blockchain ecosystems that aren’t secure, aren’t useful. On the other hand, blockchain technology unlocks new options for securing systems, infrastructure and more.
 
PolySwarm Co-Founder and CTO Paul Makowski was invited to give the Day 2 Keynote talk at DEF CON Blockchain Village (2019) in Las Vegas. DEF CON (which follows on the heels of Black Hat) is one of the most well-known hacker conferences in the world, bringing together security researchers, cybersecurity experts, and other infosec people from around the world. Makowski presented
a thought-provoking talk examining blockchain and security from both sides of the coin: a look back at advances (and missteps) in securing blockchains and a look forward to security applications of blockchain technology. Watch the full presentation here: 
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Video: An interview with PolySwarm CEO on the PolySwarm marketplace

Aug 13, 2019 4:49:17 PM / by PolySwarm Team posted in Interview, Press, Media, PolySwarm, Leadership, Blockchain

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Steve Bassi talks to BlockTempo TV about PolySwarm’s threat detection marketplace, a VirusTotal alternative that provides intelligence on malicious files and URLs.  Bassi talk here about how PolySwarm can help curb cybercrime, plus his thoughts on the WannaCry attack and what blockchain projects need to be successful in 2019 and beyond.

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