PolySwarm is a crowdsourced threat intelligence marketplace that makes it easier to discover, assess, and respond to the most recent threats, which are more likely to go undetected by traditional methods. It serves as a testing ground for new technology and novel threat detection methodologies, where commercial solutions and specialized engines compete to detect risks and are reimbursed depending on their results.
PolySwarm uses an Ethereum erc20 token (NCT) to support marketplace transactions. PolySwarm employs NCT to detect malware in their community and network. NCT rewards are given to users who offer useful cybersecurity data, and the tokens are used to access the network's insights.
PolySwarm is a new market with NCT, that is expected to shake up the threat intelligence business by facilitating new techniques of security specialists, enterprises and vendors.
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