BitFence (HNY)

We will remove hackers from your business or home network. Built on top of Ethereum blockchain.

Review Score
ICO Price
0.020757 USD
0.00011904762 ETH
Pre ICO Price
0.020757 USD
0.00011904762 ETH
Soft Cap
Hard Cap
50,000,000 USD
Pre ICO Start Date
1 April 2018
Pre ICO End Date
1 May 2018
Start Date
1 May 2018
End Date
31 October 2018

What is 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.

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