
A-Nex Launches Initial Coin Offering (ICO) Showcasing Unhackable Cryptocurrency Technology for Internet Security
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.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181115005017/en/
Bruce Khavar, Founder and CEO, of Cyber Advanced Technology (Photo: Business Wire)
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.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181115005017/en/
Contact information
A-Nex
Grace Kim
grace.kim@unhackablecloud.com
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation
Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release
Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private
Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding
Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår
V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release
V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust
Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo