Uncloak (UNC)

BLOCKCHAIN POWERED CYBER SECURITY THREAT MANAGEMENT

wdt_ID Token-Sale 25th, May 2018 - 2nd, October 2018
1 Website www.uncloak.io
2 Country Estonia
3 Bitcoin Talk www.bitcointalk.org/index.php?topic=3375925.0
4 ICO Listing www.coinschedule.com/ico/uncloak#event4860
5 Whitepaper www.whitepaper.uncloak.io/
wdt_ID Project Concept
1 Uncloak is a blockchain powered cyber threat solution putting businesses one step ahead of hackers by utilizing: Advanced software to check public & hidden internet data for cyber threats. Powered by EOS, IT security experts collaborate worldwide in resolving cyber threats and be rewarded on the blockchain. Next generation cybersecurity system to ensure business remain compliant and aware of security issues. Developed by experienced London based cybersecurity experts.
wdt_ID Project Purposes
1 Uncloak's purpose is to develop a cyber security management solution which protects businesses from data theft and hackers. Uncloak is an Artificial Intelligence (AI) based analytical tool for the intuitive, automated and seamless performance of security checks which is giving users the ability to cut through the cyber jargon and understand, remediate and resolve cyber security issues.
2 Uncloak imagines itself as a future market leader in cyber security solutions and what they are thinking of is their own particular threat recognition database utilizing the most recent technologies in light of Artificial Intelligence. This system will caution the end users about any cyber security threat progressively to enable organizations to dispense with threats.
3 As an example, If an end user client can understand their security risk position in real-time, they can place themselves in a strong position to eliminate cyber threats before they occur.
4 The company has also put invested in the true blockchain 3.0 that will permit the checked IT security specialists that are worldwide to work together in finding the most ideal approaches to determine the cyber threat vulnerabilities that exist.
5 With all these security measures put in place, it ensures the business is compliant and fully aware of the security issues that arise. They have attained the best-experienced cybersecurity experts from London, with even a dedicated software development team that is based in the US.

wdt_ID Purpose of the project with examples
1 Uncloak is like an antivirus protection software with a difference that it makes use of the Blockchain technology, is more advanced, and also has a range of features enabling it to cater to the needs of business organizations or varied sizes.
2 They will provide cybersecurity threat checks and will also perform a vulnerability check of workstations, servers, and network hardware.
3 Focussing on businesses with over 250 employees, Uncloak will help them with their requirements related to IT governance which is becoming important for big businesses nowadays.
4 As Uncloak has particular services to offer they have based their revenue streams on a subscription model. The client companies will have subscription packages and will pay a time-bound subscription fee for Uncloak’s services and for accessing their platform.
wdt_ID Uncloak Key Objectives
1 Vulnerabilities are not allowed to be added to the platform without approval from a pool of verified hunters chosen at random.
2 End to end visibility of vulnerabilities found and payments to hunters within the Uncloak platform occur automatically without intervention.
3 Real-time analytics and automated reporting with a locked audit trail of everything.
4 Tamper-proof vulnerability database.
5 Securely sharing data with all parties.
6 Reduce reporting process time and effort for vulnerability checks.
7 Leaderboard system for all registered hunters/validators with bonus stars given to the most frequent contributors resulting higher in token payouts.
wdt_ID Uncloak Solution
1 Uncloak's aim is to create a decentralized, scalable, blockchain powered cyber security management solution that places an emphasis upon the strength of the wider community to contribute to finding vulnerabilities through a blockchain based mechanism.
2 They will harness knowledge and expertise, aggregate it into a platform and transform it into a service for end users to purchase. This capability in Uncloak does not currently exist in the commercial market.
3 They will build its own threat detection database by using advanced AI technology to crawl the public and private internet looking for the latest cyber security threats, which are converted into security signatures and added to the Uncloak threat detection system to check if the vulnerabilities exist across the subscribed client base networks and infrastructure. Where vulnerabilities exist, the end user will be notified immediately so that corrective action can be taken.
wdt_ID Uncloak API Engine System Architecture
1 The core Uncloak API cyber threat engine is a multi-layer data pipeline that runs on AWS. Each layer consists of 1 or more servers working in parallel and can be scaled independently to handle the load.
2 Layers communicate using Redis queues that provide backpressure to ensure system stability.
3 Deployment is handled by Chef, using Amazon OpsWorks.
4 A low-throughput version of the entire system runs on each of our developers’ machines, to allow efficient local development and testing.
5 The system is primarily written in Python. Both internal and external communication is done in JSON.
6 News and user data is stored transiently in Redis and long-term in MySQL on RDS..
7 Ontology and the knowledge-base information is stored in the graph database Neo4j on TOOK, indexed using Xapian and queried from TOOK over HTTP.
wdt_ID Uncloak Ecosystem
1 Uncloak aims to provide an interface for leading software development teams to implement the solution into their platforms that would allow end users to quickly power up Uncloak in their private/ public cloud environment.
wdt_ID Token Informations Investment Informations
1 Token: UNC Accepting: ETH, BNB, HT, USD
2 Platform: EOS Distributed in ICO: 50%
3 Type: ERC20 Soft Cap: 2,500,000 USD
4 Price in ICO: 1 UNC = 0.01 USD Hard Cap: 14,000,000 USD
5 Total Supply: 4,200,000,000 UNC Minimum Investment: 100 USD
6 Tokens for Sale: 2,100,000,000 UNC Maximum Investment: 100,000 USD
7 Know Your Customer (KYC): YES Bonus: Available
wdt_ID Bonus Structure
1 Bonus on Pre-Sale: 30%
2 Bonus on Main Sale: 10%
wdt_ID Token Distribution
1 Token Sale: 50.00% (2,100,000,000 UNC)
2 Early Backers, Equity Investors & Advisors: 15.00% (630,000,000 UNC)
3 Founding Team: 15.00% (630,000,000 UNC)
4 Retained by Uncloak for Bug Bounty program: 10.00% (420,000,000 UNC)
5 Developer Fund: 10.00% (420,000,000 UNC)
wdt_ID Funds Allocation
1 Research & Product Development: 55%
2 Sales & Marketing: 20%
3 Community Costs: 10%
4 Operations: 10%
5 Legal, Compliance, Accounting: 5%
wdt_ID ilestones
1 Q4 2016: Development of CSaaS - “Cybersecurity as a service”.
2 Q1 2017: Strategic Partnership formed with Adecco™, the world's largest human resources firm to provide cybersecurity consultancy to public/private sector clients.
3 Q4 2017: CSaaS renamed to Uncloak™.
4 Q1 2018: the Strategic alliance formed with world-leading artificial intelligence software developers.
5 Q1 2018: Released whitepaper.
6 Q1 2018: Building community and strategic relationships.
7 Q2 2018: Uncloak™ UNC token crowd sale.
8 Q2 2018: Development of cyber threat detection AI engine (beta).
9 Q3 2018: Development of bug bounty alpha based on EOS™.
10 Q3 2018: Launch of Uncloak™ channel partner model.
ICO Reports
This is an independent report generated by a Coinschedule partner company. Coinschedule has no influence over its content and the views expressed may not reflect the views of Coinschedule. This is not investment advice, you are encouraged to do your own research and reach your own independent conclusions.