Review on Sentinel Protocol by Robiul Islam
I strongly believe SP is largely very effective, and will play a crucial role…
I strongly believe SP is largely very effective, and will play a crucial role in protecting the crypto community’s digital assets. Security Intelligence Platform for Blockchain makes use of decentralization, reputation system, combined intelligence and artificial intelligence to tackle the cyber security issues in the blockchain industry. The strength of the team, community support and partnerships to date are all indicators of strong potential.
Updated 5 years ago
Rating changed from 3 to 4
Recently Sentinel Protocol partnership with Norma, a South Korean company that specializes in wireless networks and IoT security.
Together, their business capabilities will cover the wireless and IoT security fields, as well as the crypto wallet and exchange security businesses. Norma plans to supply Sentinel Protocol’s blockchain based security solutions to domestic crypto exchanges and blockchain enterprises in South Korea.
Pros
- •Team are industry experts in cyber security. •Have launched and demonstrated prototype. •Helping victims recover funds lost to hacks, Identifying root cause of threats. •Most people focus on how not to get scammed/hacked in the first place, whereas Sentinel Protocol focuses on tracing the transactions/wallets of hackers. There is no competing project that i know of, therefore the project has a first mover advantage.
Cons
- •The project relies on network effect to create a rich database of threats. •Incentivizing participation remains a critical question. •It requires manual and real-time verification of fraudulent addresses/transactions, i believe system would be fairly labor intensive.
