Hacken Launches Its Tokenized Bug Bounty Platform

Apr 04, 2018 at 14:30 // PR
Hacken launches tokenized bug bounty platform

A decentralized cybersecurity company, which has grown from the promising Ukrainian startup, launches its long-awaited product, tokenized bug bounty platform, called HackenProof. The core value of the platform is ethical cooperation between white hat hackers and responsible IT and blockchain companies. As it is a tokenized platform, all transactions are conducted in custom-tailored token HKN, what contributes to its decentralization.

HackenProof is a crowdsourced vulnerability rewarding platform enabling IT businesses, and blockchain companies to detect software bugs and improve the overall security of the infrastructure. Having remuneration in HKNs, researchers are the main stakeholders of the platform. Clients sign up for the bug bounty program, set the scope, decide on program type, set the level of payment, and wait for the reports. There are three primary benefits of HackenProof:

The cost of starting  HackenProof is cheaper than hiring independent experts. Specialists with different levels of knowledge, mindset, tools and from various time zones attack client company’s resources in 24/7 mode. A clear report and analytics of the system’s vulnerable areas allow implementing more secure procedures.  Hacken has already opened  HackenProof for companies that needed it most. They are NEVERDIE, Interkassa, OSA, TicketsUA, and NapoleonX. The latter addressed Hacken after receiving blackmail from a black hacker who threatened to disclose their security flaw. Express bug bounty was launched, and no severe vulnerability was found.

Until April 31st, every project which orders bug bounty will be given 20% discount on the signup fee. If the first deposit is in HKNs, the project will be granted 50% discount. Sign up includes a free penetration testing of a product or system.

Dmitry Budorin, Hacken’s CEO said:

“Since the beginning of our project, Hacken’s mission has been improving global cybersecurity standards. That’s why we decided to integrate tokenized economy into the security field. We believe that this approach will help modern businesses to get services of better quality while spending less money. At the same time, white hat hackers will also get a significant financial benefit and appropriate working conditions.”

About Hacken

Hacken is a global tokenized business with operating cybersecurity products. In January Hacken’s token (HKN) has lined up with $8,32 (0,0005 BTC at that moment). In February, the price of HKN token reached its peak in BTC – 0.0008. It had a low market cup during token sale along with a low total supply of 5.6 million tokens. HKN’s price directly depends on the quality of the provided services, number of secured clients and overall size of the white hat community

Hacken’s security partners are Nucleus Vision, SingularityNet, Qbao, Remme, Legolas Exchange, Jibrel, SONM, CRYCASH, Indorse, Membrana, Kuna, Skraps, Neuromation, CCN, Amchart, Essentia, Selfllery, and Fluence.

The Hacken Ecosystem Contains other services as well:

  • Anti-phishing.
  • Smart Contract Audit.
  • Penetration Testing.
  • HackIT conference.

To learn more about Hacken visit their Website:  https://hacken.io/
Meet the Team:  https://hacken.io/#team
Follow on Medium:  https://blog.hacken.io
Read on Reddit:  https://www.reddit.com/r/hacken/
Chat on Telegram:  https://t.me/hackenio
Connect on Twitter:  https://twitter.com/Hacken_io

Media Contact
Contact Name: Katherine Lysenko
Contact Email:  e.lysenko@hacken.io

Hacken is the source of this content. This press release is for informational purposes only and should not be viewed as an endorsement by CoinIdol. We take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy. Readers should do their own research before investing funds in any company.