Internet privacy is arguably the most pressing concern plaguing the netizens today. Cyberattacks have grown to as many as a half million every minute according to MarketResearchFutures. The individuals and companies on the web whose data is often sold on the black market are now looking for ways to ensure internet security with an increased urgency.
The recent malware attack on the NHS has brought the issue to the forefront and has made it a major concern for organisations and governments. In what was one of the most well-known cyberattacks, last week the ‘WannaCry’ virus took down parts of the NHS I.T. infrastructure and has since made its way around the globe, corrupting data and threatening privacy.
Many organizations are now scurrying in order to adopt a VPN into their networks and operations. Mysterium’s blockchain-secured VPN can help secure organizations against such threats. Mysterium is gearing to provide a secure connection for internet users through its blockchain-based Virtual Private Network (VPN). The platform uses crowdsourced bandwidth to create a network of globally distributed VPN nodes.
An alpha version of its decentralized VPN has been released by the Mysterium Network, offering MYST tokens to early adopters. Anyone can join and start contributing their unused bandwidth to the network in their now live alpha version. Users offering their resources to Mysterium will earn MYST tokens in reward as a form of ’soft mining’, via a proof of contribution system.
Mysterium is now in a strong position to scale up with the launch of its live alpha. The platform will operate through an integrated trading platform called CORE, providing an online marketplace where both VPN providers and consumers can monetise the give and take of VPN services.
The efficiency of combined technologies and network effect is geared towards offering a competitive solution comparing to traditional VPN services, by offering savings that will be passed on to the users.
The Mysterium Token Creation event starts on the 30th of May, 13:00 UTC at https://mysterium.network.