Info Technology Crypto: Buglab - a unique, competitive,incentivized, and easy-to-use platform to address this widespread and growing business need

Today’s computing environment is dynamic and complex. Demand for cybersecurity professionals exceeds supply as hackers develop ever more advanced schemes that target countless companies, both large and small.

Cybersecurity Penetration Testing on the Ethereum Blockchain Buglab uses the power of Ethereum to enable attainable, versatile, and reliable penetration testing for digital enterprise solutions.

About Buglab

Buglab will offer a unique, competitive,incentivized, and easy-to-use platform to address this widespread and growing business need. Buglab will assist companies, whether in IT, financial

services, or in retail, to identify and mitigate cybersecurity gaps they may not (but should) know about.

The Buglab platform detects and remedies vulnerabilities on various business applications, websites, mobile applications, Internet of Things (IoT) devices , and smart contracts by transforming penetration test services into challenges, referred to as contests, for a community of independent

information security consultants with certified qualifications.Viist here https://buglab.io/

What is Buglab?

Buglab is an Ethereum-based platform that connects companies with a global network of expert cybersecurity researchers.Read Whitepaper https://buglab.io/assets/docs/Buglab_WhitePaper.pdf

At the center of our ecosystem, there are two programs - the buglab contest and Vigilante Protocol, helping companies all over the world to discover and fix vulnerabilities on their digital solutions or assets.

The Buglab Solution

The Buglab platform links organizations that have information security needs, which is just about all of them, with a community of certified cybersecurity penetration testers in an incentivized environment, where testers are rewarded when they uncover system vulnerabilities, ranked by severity and potential impacts. It’s done as a race against time. Importantly, finding unique vulnerabilities is ranked above simply producing a list of issues.

Who is Buglab for?

SMEs

Small and medium businesses, from all over the world looking for a more attainable and effective way of protecting their digital assets.

CERTs & CSIRTs

Computer Security Incident Response Teams, will be able to partner with buglab on building a sustainable vulnerability prevention system to help companies.

Pentesters & Whitehats

Buglab’s platform is built for global network of expert security researchers looking for a trusted way to help businesses worldwide and be compensated.

Problems of Traditional Penetration Testing and Bug Bounties

Cost Inefficiency

Whether it’s the billable hours model in pentesting, or the pay-per-vulnerability structure of bounties, companies do not get the most of out of their spending.

Lack of Resources

Cybersecurity firms typically assign just a few pentesters to each assignment, which limits the skillsets being leveraged.

Irrelevancy in Reporting

During bug bounties, researchers uncover large amounts of vulnerabilities without in-depth analysis, adding little value to the clients.

What are BGL Tokens?

A token on the Ethereum blockchain is a digital asset that is held inside a token contract, in trust for a wallet address.

The buglab token, identified as BGL, is based on the ERC20 standard for blockchain tokens.

BGL tokens are required for all transactions in the buglab ecosystem, from ordering a contest to rewarding pentesters and whitehats.

Token Allocation

This diagram depicts plans for the token distribution. These values highlight the various functions the token will serve. They include the sale itself, the buglab Vigilante Protocol Reserve (VPR), which is funded in a continuous manner by systematically acquiring ten percent of contests, and product development.Accepted Cryptocurrency Contributions for the BGL Token Distribution Event are accepted in the following cryptocurrency = ETH.

Vigilante Protocol

In addition to rolling out contests for enterprises of varying scales, Buglab is introducing a globally integrated hacking prevention program named the Buglab Vigilante Protocol. It’s a system that allows whitehat researchers to report on system vulnerabilities of a company that isn’t one of our platform’s customers.

We invite companies to reward the whitehats in the form of optional tips or gratuity when they discover flaws. It’s a way for companies to obtain recommendations for their solutions from watchful guardians at little cost to them.

Our Team

We are united by our mission to help companies protect their digital solutions.

Reda Cherqaoui - Founder, CEO

Alexander Belokon - Backend developer

Youness Aamiri - Blockchain Developer

Azdine Bouhou - Software Architect

Konstantin Bditskikh - Frontend Developer

Amine Bioudi - Full Stack Developer

Dalal Cherqaoui - Marketing and Communications Manager

Herve Schauer - Advisor

Formore Information,please see the link bellow :

Website : https://buglab.io/