Cryptocurrency transaction has gone so far by the help of blockchain technology and it cares a lot about its users. From this perspective, Uncloak has implemented a unique and fully scalable blockchain network that triggers the technology enabling the businesses monitoring and projecting them by eliminating the cyber threats being one step in advance from the hackers. This enables several rights to the blockchain and smart contract that makes the system reflexive towards the users protecting from the hackers.

Enabling Voting Rights

The use of Uncloak blockchain and smart contract voting rights reduces the level of manual administration, costs and time which is useful for advertising new cyber threats into the platform. Even the subscribers of the Platform will receive the list of the cyber threat of vulnerabilities for the existing computing infrastructure and it helps to identify the potential threats by taking some immediate steps.

Business Goals

Uncloak blockchain platform supports many business goals depending on:

• Vulnerabilities are not permitted on any platform without any approval from the pool of chosen random verified hunters

• The visibility of vulnerabilities also found through the end to end visibility for the hunters for the Uncloak platform and it occurs automatically without any intervention

• The real-time analytics and automated reporting locks for the audit trails
  It secures the data share for all parties

• Reduction to the reporting process time and efforts the checks of vulnerabilities

• It registers the leaderboard system for registering the hunters or validators giving it the bonus stars to the most frequent contributors by the result to the higher token payouts.

Web Portals

The Uncloak web portal enables the companies purchasing the ethical hacking testing for the applications and it will be verified from the pool of hunters to prove the competency of validating and finding vulnerabilities by the scoring mechanism. Even the companies can make a purchase to the direct platform backed by the smart contract providing a finite amount of time for the hunters to work on the application to be tested. The bug bounty enables deliverables based on:

• Transferable UCC tokens governed by smart contracts providing automated audit and compliance to the protocol
• The disbursement of funds for hunters or validators
• Real-time monitoring of vulnerabilities
• Deploying a blockchain powered voting rights system
• Automated reporting system for the funds and balance for the hunters and
• Real-time blockchain settlement

Bug Bounty Mechanism

The voting right mechanism of Uncloak employs with the solution of an automated approach to the cyber threat management. For newer vulnerabilities, the hunters will raise some procedures registering cyber threats, implementing and recording the usage of smart contract invocations.

The process also makes the way transparent to audit the usage of exploration to the Uncloak platform. Even the ethical hackers may become hunters enabling some methods for Uncloak platform. It checks the necessities making the system applicant come from the ethical hacking penetration testing environment.

It gives an access to the platform to select the software and hardware believing an unknown vulnerability to post. Such process involves the outcomes of the applicants receiving the UCC tokens to secure the Wallets or to record the messages relay with the application in the state of vulnerability to know the payment to be made.

The Uncloak platform is working hard becoming the market leader for cyber-security threat detection process as activates the community of experts finding out the threats and updating the system using Artificial Intelligence technology to scan.

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