5 List of Cybersecurity Coins You Must Know!
2024-09-12Bittime - In this digital era, cybersecurity is becoming increasingly important. One innovation to strengthen cybersecurity is the use of cybersecurity coins.
These coins play an important role in protecting data, transactions and blockchain networks from cyber threats. What is the list of cybersecurity coins? Read this article to find out!
What is Cybersecurity Coin and its Function?
Coin cybersecurity is a digital asset specifically designed to increase security in the blockchain and DApp ecosystem.
The main function of this coin is to protect systems and users from increasingly sophisticated cyber attacks. Here are some of the main functions of cybersecurity coins.
1. Transaction Security: Coin cybersecurity helps authenticate transactions and protects users from fraud and identity theft.
2. Data Protection: This coin plays a role in securing data stored on the blockchain from being accessed by unauthorized parties.
3. Security Incentive: These coins are often used as incentives to encourage safe behavior among users and developers.
4. Monitoring and Detection: Some cybersecurity coins are used to fund monitoring networks that detect suspicious activity.
5. Audit and Compliance: These coins are also used to pay for security audit services to ensure compliance with industry standards.
With the above functions, cybersecurity coins become a key element in maintaining integrity and trust in the decentralized crypto world.
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List of Top Cybersecurity Coins 2024
From the thief you are interested in investing in this sector, Here are 5 cybersecurity coins that you can pay attention to.
1. Shentu (CTK)
- Price: $0.5396 or Rp8,342
- Market Capitalization: Rp1,150 T
Shentu (CTK), previously known as CertiK, is a cybersecurity-focused blockchain platform.
The project provides security audit services for smart contracts and blockchain networks to ensure integrity and prevent exploits.
Shentu also uses a Proof-of-Stake (PoS) consensus model, which allows validators to contribute to maintaining network security.
2. Strong (STRONG)
- Price: $0.1224 or Rp. 1,890
- Market Capitalization: Rp805,009 M
Forta (FORT) is designed to detect threats and anomalies in blockchain protocols in real-time.
This project helps maintain the security of the crypto ecosystem by providing early detection services for smart contracts, transactions, and asset bridges.
Forta enables protocol developers and operators to immediately respond to potential risks thereby preventing major losses.
3. xMoney (UTK)
- Price: $0.04649 or Rp. 718.71
- Market Capitalization: Rp359,411 M
xMoney (UTK), previously known as Utrust, is a crypto project that aims to combine digital payment systems and blockchain technology.
The platform allows users to make cross-border transactions with low fees and instant conversion between crypto and fiat currencies.
xMoney also provides consumer protection through secure payment protection mechanisms.
4. Hacken Token (HAI)
- Price: $0.03338 or Rp516.01
- Market Capitalization: Rp332,942 M
Hacken Token (HAI) is a utility token that supports Hacken's cybersecurity ecosystem.
The project focuses on improving blockchain security and helping companies protect digital assets through security audit and vulnerability assessment services.
HAI tokens are used for payment of services and incentivizing users.
5. PolySwarm (NCT)
- Price: $0.01311 or IDR 202.67
- Market Capitalization: Rp313,422 M
PolySwarm (NCT) is a blockchain-based cybersecurity platform that uses crowdsourcing technology to detect malware.
Through this platform, security experts can submit and validate security threats by earning incentives in the form of NCT tokens.
PolySwarm aims to improve response to threats by accelerating malware detection globally.
Whay are Cybersecurity Coins Important?
With the increasing number of cyber attacks in the crypto world, the existence of cybersecurity tokens is becoming increasingly important to maintain data and system security.
Additionally, cybersecurity coins also help increase trust in blockchain technology.
The coins ensure that every transaction and information processed on the blockchain network is safe from outside threats.
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Cybersecurity on Bittime
As a crypto asset exchange, Bittime is obliged to maintain the security of its users. Bittime was founded with high technology standards and went through a rigorous audit process.
The Bittime team, which is experienced in financial system development, always makes security a top priority to protect investors' assets. Here are some advantages of cybersecurity on Bittime.
MPC Encryption Technology
Bittime uses Multi-Party Computation (MPC) encryption technology, a cryptographic method that allows several parties to perform joint calculations on data without having to share sensitive information.
In this system, each party owns part of the data (shares) and collaborates to get certain results without fully disclosing the data.
Benefits of MPC Encryption Technology
Here are some of the main benefits of using MPC encryption technology:
1. Data Privacy: This technology maintains data privacy by ensuring that raw data is never shared during the calculation process.
2. Collaborative Security: If cooperating parties do not completely trust each other, MPC allows them to work together without disclosing sensitive information.
3. Resistance to Attacks: If one party tries to manipulate the data or calculation process, MPC can detect and minimize the impact of the attempt.
BAPPEBTI Security Audit
Bittime has passed supervision from BAPPEBTI and Kominfo with guaranteed asset transparency. The Bittime platform routinely reports asset conditions to BAPPEBTI and SRU every day.
ISO Security Certification
Bittime has also achieved various international security certifications, including ISO 27001:2022 and ISO 27017:2015. This certification makes Bittime the first crypto trading platform in Indonesia to obtain these two international security certifications.
With advanced encryption technology and internationally recognized security certifications, Bittime ensures the security of its assets and user privacy is always maintained.
Cybersecurity Coin Investment
With cyber threats continuing to grow, cybersecurity coins play an important role in protecting the crypto ecosystem. Coins such as CTK, FORT, UTK, HAI, and NCT, provide solutions to protect blockchain networks from cyber attacks.
The importance of cybersecurity coins cannot be underestimated, especially with the increasing adoption of blockchain technology in various sectors.
If you want to dive into the world of crypto, cybersecurity coins could be the right choice. Not only does it provide potential profits, but it also maintains the security of the crypto ecosystem.
Read Also: Bittime Prints History, Becomes Rank 1 on CoinGecko!
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor graphic movement price Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.