PolySwarm (NCT) is a decentralised cybersecurity platform that incentivises global threat detection using its native Nectar (NCT) token. Developed by Swarm Technologies, Inc., under the leadership of Steve Bassi, the platform facilitates real-time malware analysis and provides actionable intelligence for organisations.

PolySwarm is a decentralised threat intelligence marketplace that leverages blockchain technology to enhance cybersecurity measures. It operates as a platform where security experts and antivirus companies develop and deploy competing detection engines to identify and analyse emerging malware threats. The ecosystem utilises Nectar (NCT), an Ethereum-based ERC-20 utility token, to facilitate transactions and reward accurate threat detection within the network.

PolySwarm serves several functions within the cybersecurity landscape:

  • Crowdsourced Threat Detection: By incentivising a global community of security experts to develop and refine detection engines, PolySwarm aims to improve the identification of malware and other cyber threats.
  • Real-Time Analysis: The platform facilitates real-time analysis of potential threats, enabling quicker responses to emerging cybersecurity challenges.
  • Incentivisation through NCT: Participants are rewarded with NCT tokens for providing accurate threat intelligence, promoting continuous improvement and engagement within the community.
  • Access to Threat Intelligence: Organisations and individuals can utilise NCT tokens to access detailed insights and analyses provided by the network, enhancing their cybersecurity defences.

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