The internet is the part and parcel in our everyday life. At the present time the internet are the business center and other uses for the people from all over the world. People use the internet for business purpose, social networking, data transfer, buy and sell products etc. The internet-based business and transactions are increasing day by day. But today’s computing environment in the businesses is dynamic and complex. The internet-based industries user is facing cybersecurity problems and losing millions and billions dollar every year. So the cybersecurity is needed extremely for this industry and individual user of the platform. The Buglab platform is providing cyber-security with their advanced technology and expertise globally.

The Buglab is a cryptocurrency based cyber-security platform powered by the Ethereum blockchain technology. The Buglab is a blockchain technology based cybersecurity in the online digital ecosystem of the cryptocurrency industry. This platform is using blockchain to give cybersecurity for the people from all over the world. This platform is enabling customers on the contest of the platform to the mass of pentesters as well as chose a validated team from a known company. This platform is providing a contest for the individuals and public contest system. This platform was built with the aim to help companies detect as well as remedy vulnerabilities on their various business application, online devices, website, mobile applications and smart contracts by transforming penetration test service. We can know more about this platform from their website which is open to the public. The website link of the Buglab platform is https://buglab.io/. We also can visit https://buglab.io/assets/docs/Buglab_WhitePaper.pdf the white paper of the platform to know their activities against the cybercrime.

The blockchain security by the Buglab platform:

The Buglab is a cybersecurity platform powered by the blockchain technology in the online digital ecosystem of the cryptocurrency industry. This platform is using blockchain to give cybersecurity for the people from all over the world. To know the blockchain security, at first, we must know about the blockchain technology. The blockchain technology was invented by the Satoshi Nakamoto to serve as the public transaction ledger of the crypto asset in 2008. The blockchain is a significant invention for the online ecosystem which is a thread of digital records where different data are stored. These data are stored in decentralized or distributed records which are making a database similar to the pages of a large ledger book. The blockchain is hosted across many servers for these virtual ledgers. The blockchain provides this process using intense numerical process across many machines hosted by countless participants as well as miners. The using of the blockchain technology is giving Buglab platform different advantages of the cybersecurity. The advantages of the blockchain technology are given below:

Disinter mediation: The blockchain technology is giving disintermediation advantage for the Buglab platform’s users. The disintermediation works for a transaction to go into effect. The blockchain technology verifies the transaction’s validity where the transaction has to be approved by all the miners by the Disintermediation system. After this processing, the transaction can be incorporated into network nodes on the blockchain. The transaction requires a consensus between the networks players by adding new blocks. The blockchain technological disintermediation process is rendering control by a third party obsolete.

Security: The blockchain technology is giving security for all the transaction and activities of data storage for the Buglab platform’s users. The blockchain technology is ensuring that the code for each new block which is built on that of the block that precedes it in the blockchain. This system of the blockchain is such a way that modifying a single block would involve changing all of the blocks in the chain. But changing of all blocks is impossible because the blocks are replicated across nodes on the network within a blockchain and these blocks do not reside on an individual single server. The blockchain technology is giving decentralized architecture like this which acts as a structural defense against data theft. The blocks are protecting data on these blocks by a number of innovative cryptographic procedure to prevent modification after the fact. As a result, all the data that provided by the user are secure and safe on the Buglab platform.

Autonomy: The blockchain technology is giving autonomy advantage for the Buglab platform users. This platform’s servers as well as supporting architecture are dispersed across the network within a blockchain. This platform’s blockchain technology is ideally independent of third-party services. The blockchain technology has calculating power to compute algorithms where miners allocate a portion of their machines to validating transactions. This platform has a contest where the first miner will be rewarded to validate a block wins tokens. This platform‘s reward opportunity of financial gain is encouraging powerful competition. The Autonomy method of this platform is providing value to the client for uncovering cybersecurity threats.

Smart Contract: The blockchain technology is giving the opportunity to make smart contracts for the Bugleb platform where the smart contract is an “If this, then that” logic. The smart contract technology is helping to verify that the goal has been met as well as then enables a digital transfer. The blockchain technology used smart contract’s terms are not changeable after the fact, as well as the party’s involvement in the transaction, still retains access. This platform’s contests nature are competitive which make the transaction a crucial part of the accelerating exchanges. This blockchain smart contract environment will discover as well as communicate vulnerability quickly. The website link of the Buglab platform is https://buglab.io/.

The Buglab token detail:

The Buglab platform is a tokenize cryptocurrency platform who has created own token with the smart contract of the blockchain technology. They created this token based on the Ethereum blockchain platform. The website link of the Buglab platform is https://buglab.io/. The token detail of the Bugleb platform is given below:

After the token sale, the Buglab platform will distribute their raised fund for different development and program of the platform. The fund allocation of this platform is given below:

• The development and staffing of the buglab platform will get 45% of the total raised fund.
• The marketing program of this platform will be allocated by 22% of the total raised fund.
• The business development of the platform will be allocated by 16% of the total raised fund.
• This platform will allocate 12% of the raised fund for the R & D program of the platform.
• This platform will allocate 5% of the raised fund for legal and accounting of the platform.

After all the explanation of the above discussion, I can say that the Buglab platform is providing a significant service for the cyber-security globally with their unique service and technology. We should purchase their token form their website and become a beneficial investor of this platform. We should hurry to purchase their token before time end with an attractive discount on BGL token purchasing.

Visit below links of the Buglab platform in more detail:

• Company Website: https://buglab.io/
• Twitter Pages: https://twitter.com/joinbuglab
• Facebook Page Link: https://www.facebook.com/buglab.co
• Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=2851719
• Whitepaper Link: https://buglab.io/assets/docs/Buglab_WhitePaper.pdf

• BitcoinTalk User Name: rayhan.zakir75
• BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1296254