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Cloudbric Review - SECURE YOUR BLOCKCHAIN EXPERIENCE

INTRODUCTION

Have you heard that in 2018 the damage from cybercrime was estimated at $600 billion? Since 2014, it has grown by 20%. This cybercrime pressure stimulates both regular users and businesses to adopt new anti-hacking methods. One of them is brought about by blockchain. One such firm at the forefront of blockchain innovation is CLOUDBRIC and they have presented a platform that will not only make the web a more secure place, but the blockchain industry itself.

Cloudbric is a Security-as-a-service (SECaaS) model providing website protection at zero to low cost utilizing the WAPPLES’ COCEP engine. “WAPPLES” is a Web Application Firewall that uses a logical analysis based engine rather than the traditional pattern matching method. The engine uses a system of 26 rules to execute logical traffic. Using this method, the WAF claims to have lower false positive rates than WAFs from competitors. The product has been certified by ICSA Labs, and is EAL4-CC and PCI-DSS certified. Although a hardware appliance, the product also supports virtual appliances for cloud environments.

Cloudbric launched as an in-house venture of Penta Security Systems Inc. a security firm headquartered in Seoul, South Korea with the idea of creating a cloud web security service/web application firewall accessible to all. What first started as an in-house project grew to a global service, and on December 1, 2017, Cloudbric Corporation became its own company. At the time of the spin-off, Cloudbric had acquired 27 IDCs (Internet Data Centers), 50 partnerships, and 8,000 user sign-ups. The service itself launched as an independent startup the same month with a $10 million business valuation as a private corporation in Seoul South Korea called Cloudbric Pte LtD. Cloudbric works with a wide range of partners including hosting providers, data centers, Value Added Resellers (VAR), Managed Service Providers (MSP), and IT consultants.

Cloudbric’s primary mission is to revolutionize the cybersecurity market by making information security open and accessible to all users through the introduction of a new Decentralized Universal Security Platform. This AI-based cybersecurity platform will be powered by Cloudbric’s patented deep learning module known as VISION and will provide an all-inclusive suite of cybersecurity solutions, as well as the development of a new decentralized security ecosystem.

Cybersecurity Issue

Cybersecurity is essential for preserving private online data, which is increasing at a remarkable rate. Cyber attacks are extremely dangerous for cryptocurrency environment. Billions of dollar have been hijacked by online criminals. Examples includes Mt Gox, Bit grail, Coincheck hack and countless other cases.

There are limitations in current adoption of cybersecurity. The reasons are as follows:

  • Centralised threat data
    Security vendors typically privatize cyber threat information such as attack patterns, malicious IP addresses, etc. These information then is used for business gain such as developing new market solutions, issuing pertinent software updates. Users who help generate this data has no benefit and are forced to pay for updated services, double profit for vendor.

  • Crowded with solutions

Vendor is taking advantage of users’ lack of understanding by flooding the market with an overabundance of security solution. Currently, there are more than 1600 cybersecurity solutions which cause confusion in selection process for users. Managing of the diverse solution is quite burdensome as well.

  • Performance uncertainty

The crowded market of solutions make it difficult for users to test the effectiveness of different vendors’ solutions. The process of testing can be expensive and time costly.

Excessive promotion of security capabilities without the support of intensive experience in producing high performance working products is quite common in the industry.

Cloudbric’s Solution

Cloudbric's proposed solution overview, taken from their whitepaper: https://ico.cloudbric.io/upload/file/Cloudbric_Whitepaper_EN.pdf

The projects which excite me most in the space are those which utilise the possibilities of two or more cutting-edge technologies within their solution, and Cloudbric’s technical innovation certainly doesn’t disappoint. Cloudbric are proposing a truly innovative use of blockchain and artificial intelligence to present a vison of an open, fair and all-encompassing community-powered solution.

New Technological Possibilities
Cloudbric’s deep learning and blockchain powered universal security platform will feature multiple security components for end users; primarily Cloudbric will focus on internet security, PC and mobile device security, and- to the delight of those of us involved directly in the blockchain space- cryptocurrency asset protection.

The use of blockchain alongside VISION- Cloudbric’s patented deep learning module which will be the engine of the Cloudbric platform- will enable a solution which is not only inherently open and transparent, but also technically sophisticated enough to provide an all-inclusive cybersecurity ecosystem not before possible.

The blockchain layer- utilised alongside IPFS- will provide the backbone of Cloudbric’s decentralised platform, allowing for all such threat data to be recorded in an open, transparent and accessible manner.

Revolutionary Community-Powered Approach
Cloudbric’s operational mechanism puts the community in the driving seat like never before seen in the cybersecurity space; the platform will incorporate a fully decentralised user governance system whilst actively encouraging community contribution of valuable threat data through incentivisation.

A key distinction between traditional cybersecurity mechanisms and Cloudbric’s new approach is their intrinsic incentivisation model. Users will be incentivised using Cloudbric’s native ERC20 token, CLB, for sharing anonymous threat logs to the VISION deep learning mechanism. This user-focused approach not only aims to foster a strong and happy community, but also a maximally effective and beneficial user environment.

TOKENOMICS

Token Type: ERC-20
Public Sale Cap: 10,000 ETH
1 ETH = 12,500 CLB | 1 CLB = 0.00008 ETH
Tokens can be bought only with ETH
Presale & Main Sale requires KYC
Airdrop and Bounty does not require KYC
Presale bonus tokens subject to 3 month lockup
Restricted countries: China, USA

One billion CLB is the maximum supply priced at 1 ETH per 12,500 CLB. With a total of 44% (440 million CLB) will be allocated for Token Sales events, 25% (250 million CLB) will be allocated for the Cloudbric Security Rewards Program, as well as additional internal service management or operational costs, 16% (160 million CLB) will be allocated for the core Cloudbric team “and” advisors, 10% (100 million CLB) will be allocated as an investment reserve (i.e. potential exchange listing, strategic partnerships, etc.) and 5% (50 million CLB) will be allocated for potential short and long term marketing efforts to help promote CLB tokens.

Use of ICO proceeds will be allocated as the following. Development 45%, Strategy Partnerships 25%, Reserve 10%, Operations 5%, Marketing 5% and Business Development with 5%. A healthy distribution given marketing of the project isn’t as important as building strong partnerships and developing better tools for the security suite.

Public Crowd Sale will be held on crowd Sales Date: 10/22 (Monday) 8PM KST ~ 10/31 (Wednesday) 8PM KST. CLB tokens can be bought only with ETH throughout all sales events. All unsold CLB tokens will be burnt.

ROADMAP

TEAM

PARTNERS

FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;

Website: https://www.cloudbric.io
whitepaper: https://ico.cloudbric.io/upload/file/Cloudbric_Whitepaper_EN.pdf
Telegram: https://t.me/cloudbric
Onepager : https://ico.cloudbric.io/upload/file/Cloudbric_One_pager_EN.pdf
Twitter: https://twitter.com/cloudbric
Facebook: https://www.facebook.com/cloudbric

Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409

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