Description
PolySwarm is a decentralized cybersecurity marketplace leveraging blockchain technology to enhance threat detection. Operating on the Ethereum network, it uses smart contracts to facilitate transactions, creating a collaborative ecosystem where security experts and antivirus companies compete to identify threats in real-time. 'Ambassadors' submit potential threats, which are analyzed by micro-engines. Successful identifications are rewarded with the native token, NCT (Nectar), promoting active participation. With a total supply of 1,885,913,075.8515422 NCT and a current circulation of 1,546,457,129.5096478 NCT, PolySwarm is actively traded across 33 markets, with a 24-hour trading volume of $666,251.13. This crowdsourced approach reduces false positives and negatives, enhancing malware landscape coverage. More details at https://polyswarm.io/.
PolySwarm is a decentralized cybersecurity marketplace leveraging blockchain technology to enhance threat detection. Operating on the Ethereum network, it uses smart contracts to facilitate transactions, creating a collaborative ecosystem where security experts and antivirus companies compete to identify threats in real-time. 'Ambassadors' submit potential threats, which are analyzed by micro-engines. Successful identifications are rewarded with the native token, NCT (Nectar), promoting active participation. With a total supply of 1,885,913,075.8515422 NCT and a current circulation of 1,546,457,129.5096478 NCT, PolySwarm is actively traded across 33 markets, with a 24-hour trading volume of $666,251.13. This crowdsourced approach reduces false positives and negatives, enhancing malware landscape coverage. More details at https://polyswarm.io/.
