A New Startup Is Trying To Make The Antivirus Industry Decentralized

An IT startup named PolySwarm has been making waves and revealed its plans to create the first decentralized marketplace for what we know as antiviruses – and what others refer to as threat intelligence. The security programs that are built as anti-malware engines could be part of the entire craze, according to recent rumors.

PolySwarm is a startup powered by the cybersecurity and the blockchain background of its founding and advisory team. The CEO, Steve Bassi, has previously founded Narf Industries which is an information security firm that won a grant from the Department of Homeland Security to implement the blockchain technology on identity management.

This being said, the team at PolySwarm is not new – the CEO has consulted for Fortune 100 companies and even a former McAfee CIO joined the advisory team. What’s important here is the level to which this startup and its efforts will fight against cyberattacks. Knowing that they are the fastest growing crime in the US, cyber attacks need to be stopped.

The best way to stop them, according to PolySwarm, is to make these attacks decentralized and fully protected. The startup will do that through threat detection which is automated meaning that there is no human in the loop (allowing for higher speed and scaling). The accuracy and speed of such network will probably help PolySwarm to grow and reach new heights.

The start is here….PolySwarm has officially announced its plans to launch an ICO, and the sale will start on February 6th with an ambitious $50 million funding goal. The big question is – will the big players join this new initiative and boost this ICO?
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