A project called Hacken is building a dedicated currency and community for white hat hackers. The project aims to protect ethical hackers and provide them with the opportunity to develop their skills in a legal way. What is a White Hat Hacker? Too often today we hear about cybercriminals and hackers operating in the own world. Hackers are portrayed as malicious actors, hellbent on stealing your information and your money. This is especially true in cryptocurrency, since this ecosystem has been targeted by many hackers since its conception. However, not all hackers are criminals and, in fact, many of them
A project called Hacken is building a dedicated currency and community for white hat hackers. The project aims to protect ethical hackers and provide them with the opportunity to develop their skills in a legal way.
What is a White Hat Hacker?
Too often today we hear about cybercriminals and hackers operating in the own world. Hackers are portrayed as malicious actors, hellbent on stealing your information and your money. This is especially true in cryptocurrency, since this ecosystem has been targeted by many hackers since its conception. However, not all hackers are criminals and, in fact, many of them are on the front lines against those criminals. They are called “white hat” hackers and use their skills to discover vulnerabilities. Many of them participate in bug bounties or penetration tests and are compensated for discovering the exploits in a system. They are an absolutely necessary part of good product development. Companies would much rather have ethical hackers breach their system and provide the opportunity to fix it than dealing with a live product being exploited.
What is Hacken?
Hacken is a community and dedicated cryptocurrency for white hat hackers. The project’s team wants to encourage and foster a connection between the blockchain and the cyber security community. This also includes promoting and furthering ethical hacking and legitimate research into computer systems and software.
It is also a place where clients can purchase tests of their products or systems. The findings along with the rest of the testing process are time-stamped on the blockchain on their certificate. These certificates are unique to each project and the fact that it resides on the blockchain means that it cannot be altered.
This is especially helpful for smaller and medium sized companies who may not have the same budget as larger companies. Hacken provides affordable and and quick vulnerability testing, meaning that these smaller companies no longer have to throw caution to the wind when launching new products.
Cyber-security Startup Incubator and Cyber-security Analytics Center
Hacken wants to facilitate excellent cooperation and connections between the cyber-security world and the blockchain. For this reason, they have committed themselves to create the Cyber-security Startup Incubator and the Cyber-security Analytics Center. They will create a team of analysts to perform fundamental cyber-security research along with auditing and monitoring new cyber-security products. This is huge.
Their main areas of research will be blockchain security, its vulnerabilities, and what countermeasures may look like. They will also focus on big data analytics and visualization in the cyber-security world in addition to cryptography. Protecting data and ensuring secure communications is greatly important to the team.
Hacken Pre-sale
The project is holding a token pre-sale a few days from now, and interested parties can find information about that on their website. Their white paper and one pager are helpful in better understanding the ecosystem and project as a whole.
Here is their website: https://hacken.io/
Their One Pager can be found here: https://hacken.io/common/files/HackenOP.pdf
Here is their whitepaper: https://hacken.io/common/files/HackenWP.pdf
This is a sponsored post and does not necessarily reflect the views held by any The Merkle employees. This is not investment or trading advice. The responsibility of due diligence rests solely on you.