NOVAM – CYBERSECURITY FOR INTERNET OF THINGS

tuthienloc (49)in #ico • 5 years ago (edited)

Internet of Things (IoT) has been developed since the 80s of the 20th century, until 1996 was named. By 2016, the IoT really grows stronger thanks to the development of other devices and technologies such as dense wireless networks, real-time data analysis, machine learning, embedded systems, …
At present, IoT is widely used in many fields, especially intelligent devices and systems: urban planning and management, intelligent shopping system, self-operating system for transportation, smart home, smart measuring devices, ...

However, along with the development of technology, the sophistication of cybercrime has also increased. There is no denying that cyber threats are always available, and when there is a vulnerable point, it will attack the system and take away important information, even destroying the system. The bad thing is that while it is happening, no one has ability to detect it. Of course, IoT is no exception.

In addition, along with the development of technologies, threats are also evolving and adapting to the protection from security systems. To maintain and upgrade the network security system, companies and businesses must regularly invite IT professionals to implement audit procedures and improve the security of their systems. This is costly but it is not guaranteed because it still carries the human error rate.

NOVAM SOLUTION

NOVAM is a cybersecurity system based on the combination of Artificial Intelligence (AI) and Distributed Ledger Technology (DLT) to monitor and mitigate threats for IoT devices. Unlike other cybersecurity systems, NOVAM will be always available to protect the IoT devices and recover the damage of attacking from threats. By leveraging AI and DLT, NOVAM will be as a human immune system, that can record previously attacking to prevent the same threats, analyze the collected information and enhance the ability of protection, detect new threats, fix the damages and strengthen the vulnerable points.

DIRECTED ACYCLIC GRAPH (DAG) ARCHITECTURE

Using distributed ledger technology, NOVAM choose DAG instead of blockchain. Because DAG has the unlimited scalability, low latency and feeless. The advantages of DAG can facilitate the sustainable operation of NOVAM on IoT devices as well as meet the high transaction volume.

NOVAM TOKEN

The NOVAM token is as a key or a software license to access to NOVAM’s platform as well as use NOVAM’s service such as monitoring, mitigation, auditing and compliance. To assure the convenience of services, NOVAM issues total 2,000,000,000 NOVAM tokens (MNVM) and 45% will be sold to raise fund to develop project.

Symbol	MNVM
Total supply	2,000,000,000 MNVM
Token sale	900,000,000 MNVM
From	December 10, 2018
To	January 10, 2019
Price per token	$ 0.06
Soft cap	$ 500,000
Hard cap	$ 2,076,923

ROADMAP

From mid-2017, NOVAM team came up with ideas and research to develop NOVAM system as well as conduct research in IoT market. By mid-2018, everything seems to have been completed from the project and team establishment. Upcoming, NOVAM will run ICO to increase capital and deploy the project. Test-net will be launched in the second quarter of 2019.

NOVAM TEAM

They are almost experts with many years’ experience in both cyber technology business and development. Especially, NOVAM CEO & Co-founder - Adam Perschke, has consult to innovate the technology for the U.S. Department of Defense National Security Technology Accelerator, Amazon, T-Mobile, Toyota Connected, and the Association for Unmanned Vehicle Systems International.