Nowadays, most of the inhabitants of the Earth have access to the Internet. But along with this, there are frequent cases of fraud of various kinds in cyberspace. This is phishing, identity theft, creation of fake sites of well-known brands and so on. This list can be continued for a very long time. This is why it is not uncommon for Internet users to fall into the hands of scammers. But there are no serious measures against fraud. The only existing measure is to advise users on a number of common issues and often without providing nuances. But this procedure does not have a strong effect. And recently it became known about the project, which will develop a service to combat Internet fraud.
**What is this project **
MyShield is the first of its kind platform for mass struggle against fraudulent activities in the Internet space. The project is based on the technology of the block, combining a number of working nodes. This technology exists in conjunction with the algorithms of machine learning. Through them, the platform will learn to identify signs of fraudulent activity, analyze sites for security and perform other functions. On their website, the developers give the data, where it is indicated with crypto-banking every year, about one and a half million dollars. This was the reason for the creation of this platform.
The MyShield project itself is a side-project in the company BrandShield. The project is headed by BrandShield CEO.
The project will have close contact not only with the users themselves, but also with security personnel, which will allow us to continuously collect and analyze data on intruders. The received conclusions will be processed in the system and on their basis the further work of the project will be built. Thus, MyShield will constantly improve in the search for possible dangers and protect users from them. Within the project, the following product line will be implemented: an adapted plug-in for browsers and a mobile application.
Developers also created a system of rewards for active users. Each of them will be able to participate in the improvement of the system, search for fraudulent projects and share on the platform. For this they will be credited with some amount of tokens.
In addition, the project will implement a special rating scale, according to which it will be possible to monitor the safety indicators of various projects. Among other things, the MyShield platform includes warranty providers, which will reliably protect the transaction.
The creators carefully approached the convenience of the platform. It will create its own kind of tokens, which are called MyShield Tokens. It is known that all of them will be issued 1 billion. Users can use tokens in the following ways:
Bounties. It will serve as a reward for users reporting fraud. The awards themselves can be created by companies or other users of MyShield.
Reporting. Users reporting possible scammers make a certain contribution, which is returned to the account in case of confirmation of the message.
Subscription type "Premium". Users who have signed up for an individual subscription to MyShield will be able to receive news of new fraud facts and earn rewards if they are discovered.
Warranty programs. They build a reliable scheme for the flow of contracts and transactions.
First of all, this platform will be of interest to active users of crypto-currencies. As this sphere has recently become a place of frequent cases of deception of users. Attackers quickly realized that in a new place they can easily deceive users, steal their data and money.
Conclusion
MyShield directed its activities in the field of health improvement of the Internet space against cybercriminals. Since modern means do not have time to neutralize all aspects of activity in a virtual environment, the appearance of such a project was logical and correct. Together with it, a serious ecosystem is realized, actively preventing all types of threats. It remains only to wish the successful development of the project in the future and the full implementation of all the planned plans. Then in the future this platform will become one of the leaders in the market of cyber security.
Website : https://www.myshield.com/
ANN Bitcointalk : https://bitcointalk.org/index.php?topic=3179901
Facebook : https://web.facebook.com/MyShieldTM
Twitter : https://twitter.com/MyShield_TM
Telegram : https://telegram.me/MyShield_TM
Name: RazerLink
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2039622
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