NOVAM – The Distributed Cybersecurity for IoT
Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.
Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.
As more technological advancements are uncovered, NOVAM, the first Artificial Intelligence driven cybersecurity program utilizing DLT to increase the accuracy of its health came on board.
Novam is a security system for protecting global Internet of Things (IoT) devices in environments connected with connectivity, security, scalability and adaptability in mind. NOVAM operates on a bootloader level that connects IoT devices to the blockchain to ensure that the operating system and hardware are not interrupted. NOVAM not only finds anomalies but also fixes it to improve your technology-immune system, the Novam system will act without prior knowledge of threats, to monitor, identify, warn and start providing automatic immune system responses to delete, replace or quarantine threats.
NOVAM intends to target large industries by creating partnerships with security vendors, hardware and software for compliance and unchanging investigations, integrating ledgers distributed in IoT devices and corporate networks for monitoring and mitigation services through the inspection of our health systems that waiting for a patent decision.
The market focus is divided into three different categories:
Monitor IoT devices and systems
Threats of device mitigation and IoT systems
Audit and compliance for threat monitoring platforms
In essence NOVAM will monitor and reduce cyber threats Internet-of-Things (IoT) uses a combination of distributed ledger technology (DLT), artificial intelligence (AI) and system defense techniques.
A NOVAM token is used as a software license to record health checks, authenticate a chain of trust, and mitigate threats while allowing for forensic, regulatory compliance and auditing capabilities.
IoT Device Visibility
Using patent-pending technology, our software allows for unprecedented monitoring and security identification across all IoT devices and environments at any given time. Giving companies better visibility and flexibility.
NOVAM’s health checks enable users, devices and applications to verify that software packages and hardware components are uncompromised and unmodified by malware or other cyberthreats, across the entire secure boot chain and run-time on a device.
NOVAM is known to provide protection to endpoints and networks by monitoring and mitigating threats automatically on the global Internet of Things (IoT) devices. It also offers corporate risk management departments and security teams a forensic security investigation platform for auditing and compliance through Distributed Ledger Technology (DLT).
NOVAM’s mainly focuses on Hardware vendors, software vendors, and cybersecurity products.
The NOVAM Token is a utility software license that is known to provide access to network and platform for services that include monitoring and mitigating threats, auditing and regulatory compliance. NOVAM technology also allows for system health checks for the user, network and device authentication and verification purposes.
NOVAM makes use of distributed ledger technology along with AI to automatically monitor and mitigate IoT threats from the secure boot chain, mobile application, operating system, and network.
NOVAM is also known to provide auditing & regulatory compliance integration to threat monitoring and detection services in order to ensure system events which includes an immutable distributed ledger. NOVAM aims to become the standard distributed ledger for cybersecurity threat detection, device mitigation, and compliance.
The Novam’s 5 Step Process Device Health Check – As Follows:
Initiate a health check for a device. This can occur both in the boot process and during run-time, and include the entire Chain of Trust or an individual statistic like firmware, operating system or applications.
The state of a device is recorded on an enterprise specific CDN. This can be used as an external element for future device health checks.
Subsequent health checks compare the internal and external state of a device with NOVAM stored internal and external states, signed by the vendor, to determine if the device is healthy or compromised.
When a device is considered healthy and unmodified no mitigation occurs.
If the device is considered unhealthy and compromised, based on the system health check, autonomous mitigation will occur.
Token name: NOVAM (MNVM)
Total Token Supply: 2,000,000,000
Exchange Rate: 1 MNVM = 0.06 USD
Currencies Accepted: ETH, USD
Starts: December 10 (23:00 CT)
Ends: January 10 (23:00 CT)
Soft cap: 500,000 USD
Hard cap: 2,076,923 USD
ROADMAP AND DEVELOPMENTAL PLAN
NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,
You can get more information about these project with huge potential by following the link below:
Announcement Channel: https://t.me/NOVAMannoucements
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2407711