Decentralized IT Security Marketplace PolySwarm Announces Investment from BlockTower Capital
press releases

Decentralized IT Security Marketplace PolySwarm Announces Investment from BlockTower Capital

THELOGICALINDIAN - PolySwarms mission to incentivize blackmail apprehension assets drive advanced of the accessible badge sale

SAN JUAN, PUERTO RICO — February 13, 2018 — Decentralized IT aegis exchange PolySwarm (www.polyswarm.io) today appear an advance from BlockTower Capital, a arch cryptocurrency advance firm. BlockTower Capital launched in August, raising $140 million from backers including Union Square Ventures LLC and Andreessen Horowitz to accompany able trading and portfolio administration to arising agenda assets like PolySwarm. PolySwarm is the aboriginal exchange area aegis experts are incentivized to ascertain threats and body anti-malware engines to assure consumers and enterprises.

“BlockTower Capital’s abutment is a huge vote of aplomb for PolySwarm’s mission to decentralize IT aegis through cryptocurrency-based incentives,” said Steve Bassi, CEO of PolySwarm. “We attending advanced to architecture on this drive as we adapt for our accessible badge auction ablution February 20.”

Today’s antivirus and IT aegis bazaar is bedeviled by single-vendor offerings that generally absence arising threats. PolySwarm incentivizes a all-around association of aegis experts to agitate the $8.5 billion cyber blackmail intelligence industry, accouterment enterprises and consumers with aberrant acceleration and accurateness in blackmail detection. By introducing a belvedere that encourages addition and competition, the bazaar will accolade experts who are best able to assure users.

PolySwarm’s founders congenital the aggregation out of Narf Industries, LLC, an advice aegis close that afresh completed a blockchain-based character administration activity for the Department of Homeland Aegis as able-bodied as cutting-edge advice aegis projects for DARPA. PolySwarm’s advising lath includes above McAfee CIO Mark Tonnesen, alongside acclaimed advice aegis and blockchain experts Dan Guido, Chris Eagle, Dr. Sergey Bratus, and Carl Hoffman.

The PolySwarm bazaar runs on Nectar (“NCT”), an ERC20-compatible account badge that makes it accessible to abide and allocate abeyant threats on the PolySwarm market. Nectar replaces traditional, anachronous antivirus and threat-scanning cable payments. The Nectar token sale begins February 20, 2018.

PolySwarm is the aboriginal decentralized exchange acceptance aegis experts to body anti-malware engines that attempt to assure you. PolySwarm incentivizes a all-around association of advice aegis experts to

disrupt the $8.5 billion cyber blackmail intelligence industry, accouterment enterprises and consumers with aberrant acceleration and accurateness in blackmail detection. The PolySwarm bazaar runs on Nectar (NCT), an ERC20-compatible account token. For added information, amuse appointment https://polyswarm.io.

MEDIA CONTACT: polyswarm@transform.pr

Images address of PolySwarm