BERKELEY, Calif.--(BUSINESS WIRE)--A-Nex, a cyber coin company, announces its initial coin offering (ICO) today. This innovative crypto enterprise is designed for the sale and exchange of virtual currencies, smart contracts and tokens. Non-US crypto-enthusiasts, particularly the community in Korea, will be able to start their transactions immediately. Those who wish to participate will be able to invest in a new, digital advancement that is expected to grow and to provide numerous benefits for the crypto economy. It promises to revolutionize the decentralized financial landscape.
The company providing its technology, Cyber Advanced Technology (CAT), is one of the leaders of the digital scene. They have invented an unhackable cloud technology that will keep the cryptobusiness secure and well-protected. Investor’s monies will be safe.
The key substance of the unhackable cloud technology lies in the introduction of the Operational Technology-Operation Centric Networks (OT-OCNTM). This eliminates all the flaws and deficiencies of the current Internet into blockchain standards which is inalterable, decentralized and trackable by the users involved in the transactions.
A-Nex is a victory for the crypto-enthusiast community and future investors since the platform responds to the needs of the modern market that craves for decentralized solutions.
About Network Security
The digitalization of the economy has brought problems such as hacking and cyber-crime. This has spread to every area within the Web from social networks such as Facebook and Linkedin, to e-commerce platforms such as eBay or Amazon and to mobile phone companies such as Apple.
Traditional financial institutions like banking platforms have suffered as well. Even state policies have been created exclusively designed to deal with hackers and the data market that take advantage of the weaknesses of the online ecosystems.
In the same way, the translation of the traditional economic systems into the digital sphere not only created a list of benefits for societies at a global level, but it also entailed many, new obstacles as well. Since, there was no backup of a physical and verifiable asset of the fiduciary currency in the same way as was commonly done, the difficulties regarding payments bring out the skepticism towards the virtual businesses.
As a response, since 2008, the increase in popularity regarding the blockchain and the representation of funds in liquid tokens (crypto-currencies) meant a significant improvement in this situation, as it is an alternative to centralized financial methods; instead, it was now the users who had control.
The distributed protocols of public ledger distribute and support the transaction data in nodes scattered over the network. More recently, the smart contract technology brought by Ethereum made possible that financial conditions and business deals between parts can be digitally settled and automatically executed. However, this system continued to run on an imperfect architecture, so part of the investment capital and experts have questioned whether the blockchain represents a viable alternative or not. It was necessary for the introduction of an on-chain tool that provided its users with robust safety guarantees.
An Inside Look Into CAT'S Solution
With more than 15 years of research and development, OT-OCN emerges as the first intelligent and undecipherable cloud software framework that provides a superior level of network security and stability. The infrastructure handles more than 1 million packet inspections per second and analyzes more than 2,000 rules, while disabling malicious attacks in real time without disrupting the user's operations.
After its success in South Korea, CAT has become an important benchmark for the blockchain industry, and more specifically, crypto finances.
This month, at the November 1 – 3, 2018, Busan Money Show in South Korea, select top, world-class hackers gathered from different countries for a hacking competition to see if they could penetrate and defeat the CAT technology and security system. Competitors included GON, a two-time gold medalist Korean hacking team from international hacking competitions and 3 other nation’s internationally respected and well-known hacking teams.
The competition started early in the morning. As announced, all 4 hacking teams broke into the “control system” with conventional firewall security in under 10 minutes.
Next, they tried all day until 5 p.m. to get into the CAT security infrastructure. They used all the possible existing hacking knowledge, and none of them were able to make a scratch in the CAT security system. They could not even pass the first stage of hacking “reconnaissance” of the CAT security.
The CAT technology and security system proved unhackable. This has been the successful, consistent result CAT has achieved for the last 3 years in international hacking events.
Furthermore, different countries are interested in using the CAT cryptocurrency technology. Aspiring to be a global company, it is receiving welcoming responses from major operations in different countries.
Professor Park of Korea Poly Tech University, a cyber security expert in Korea believes that “Bruce Khavar, founder and CEO of CAT, is like the Christopher Columbus of the cyber world.”
To learn more about A-Nex, or if you are interested in investing with A-Nex, please visit our website at www.a-nex.io.