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What Is NOVAM?
Novam is a cyber-security platform that seeks to protect connected IoT devices while ensuring that they maintain connectivity, security, adaptability, and scalability through the implementation of Directed Acyclic Graph architecture. Additionally, Novam will focus on monitoring and mitigating security threats likely to face IoT devices through the utilization of distributed ledger technology (DLT), system defense techniques, and artificial intelligence (AI).
NOVAM Features
Health Check:
Users of Novam will have the ability to run health checks on their networks and devices through Novam. The feature will check the setting of the Novam node and save their results into a file, which is uploaded on to a custom CDN.
Automatic Remediation:
If any vulnerability is detected during the health check, they are automatically fixed.
How NOVAM Blockchain IoT Device Cybersecurity Works
Novam’s system is designed to identify, alert, monitor, and initiate immune system responses and at the same time automatically mitigate, replace and quarantine potential threats. The layers of protection that Novam provides to its users ensure that all the applications on Novam are signed and verified by the health check solutions combined with trust hardware. This provides end-to-end protection since the platform will be stable and secure for applications as well as protect user’s data from malware.
NOVAM Focuses On Enterprise Networks And Devices
Novam will protect enterprise networks and connected devices from cyber-attacks and unintended incidents. This will be through implementing DLT to provide businesses and organizations with an automated protection mechanism that features autonomous monitoring, identification, and response to threats.
Apart from providing organizations with data protection and authentication for their network, devices, and users, Novam ensures compliance with data and privacy regulations, while enabling the organization to identify compliance issues in their systems and become compliant.
Novam Tokens will be the platform’s utility tokens, as they will provide the token holders with the access to the distributed ledger capabilities and services that include monitoring, auditing, mitigation, and compliance. Furthermore, the token will decentralize the purchase of software licenses on the platform and reduce the cost associated with purchasing the licenses.
NOVAM Advantages
Distributed Ledger Technology
Novam mainly functions by utilizing DLT in order to identify, prevent, and mitigate any malicious attacks and threats to the connected IoT devices. Such threats are caused by compromised operating systems, networks, boot chains, and mobile applications.
Intuitive And Intelligent
Novam implements state-of-the –technology to assess IoT environments and provides users with ability to integrate auditing and regulatory compliance within the threat monitoring and detection services.
Transparent
Novam’s design has the capabilities of providing analytics, immutable records that can be used for auditing or in cases where the records are required for investigation purposes. This ensures transparency in all the operations carried out by Novam.
Secure
Novam will sign all messages on the platform using private keys from the Novam node. This will ensure that third parties will not be able to intercept the messages while providing a means for tracking track the origin of the message.
NOVAM MNVM Token ICO Details
Parameters Of The ICO
- Token: MNVM
- Token protocol: ERC20
- Total token supply: 2,000,000,000
- Token sale date: 10 December, 2018 – 10 January, 2018
- Exchange rate: 1 MNVM = $0.06 USD
- Accepted currencies: ETH, USD
- Soft Cap: $500,000 USD
- Hard Cap: $2,076,923 USD
Disclaimer
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