Cryptocurrency

DATS project decentralizes cybersecurity leveraging Peak L1

With the cybersecurity market expected to reach $424 billion by 2030, the increase in connected devices creates an urgent need for more robust security solutions for both business and personal sectors. Despite their widespread use, traditional centralized cybersecurity services often fall short of the sophisticated computational power utilized by modern hackers, and their lack of transparency leaves many businesses and individuals vulnerable.

In response to these challenges, the DATS project is pioneering a new decentralized approach by leveraging the power of blockchain technology. The DATS project aims to decentralize and improve cybersecurity measures across the board by collaborating with peaq, a prominent layer 1 blockchain specifically tailored for DePIN (Decentralized Physical Infrastructure Network) and RWA (Machine Real Assets) management.

This collaboration represents a significant shift toward a decentralized cybersecurity model where more than 1,000 computers contribute computing power and bandwidth to form a powerful DePIN.

DePIN currently has 1,184 computers, with 7,562 CPU cores and a combined bandwidth of 48,008 megabits per second.

The network not only facilitates a variety of security services, including simulated attacks and vulnerability scanning, but also allows participants to receive rewards for their contributions. The initiative has already attracted 14 different customers, ranging from the AI ​​and energy sectors to Web3 gaming and virtual reality.

“Anyone can participate by installing the DATS desktop app, potentially expanding to surpass the capabilities of the world’s largest botnet operated by professional hackers,” the DATS project said in a statement.

The core of the DATS project’s innovation lies in its ability to simulate a variety of distributed denial-of-service (DDoS) attacks that are difficult to manage due to their scale. The platform also provides distributed vulnerability scanning and threat intelligence collection, executing these tasks faster and more efficiently than traditional Web2 security providers. What sets the DATS project apart is that it integrates blockchain to increase transparency and issues NFT-based security certificates to customers upon completion of a security assessment.

By choosing peaq as its primary layer 1 platform, the DATS project is leveraging peaq’s advanced modular DePIN capabilities, which are critical for managing decentralized networks and ensuring optimal functioning. Additionally, this partnership will allow the DATS project’s desktop app to be connected to peaq, enabling seamless NFT issuance and smart contract deployment essential for network operation.

“The DePIN model provides cybersecurity providers with the capacity and scalability that is only possible with Web3,” said Serkan Bilen, co-founder of the DATS project, highlighting the transformative potential of the DePIN model.

As part of DePIN, the DATS project aims to create a safer Internet for everyone by leveraging peaq’s modular DePIN capabilities.

Till Wendler, co-founder of Peaq, highlighted the significant benefits of integrating Web3 technology into cybersecurity: “Cybersecurity is an important industry that has much to gain from Web3 transparency and extensions. We are excited to see the DATS project transforming this market with community ownership and decentralization by leveraging peaq as Layer 1 of DePIN.”

As cybersecurity continues to be a critical concern in the ever-expanding digital landscape, the DATS project and peaq’s move toward a decentralized solution represents a forward-thinking approach that could redefine how security is managed in the digital age.

Also Read: Outlier Ventures and peaq launch DePIN Basecamp Accelerator Program

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