In an effort to stay ahead of new threats on the horizon, digital asset custodian Vo1t will be gathering real-world data on how to improve for the next round of development.
To prove their commitment, $50,000 worth of Vo1t CEO and Founder Miles Parry’s crypto will sit within the bare technology layers and any hacker able to bypass their technology systems will be rewarded with this sum.
To make the stakes even higher, Vo1t removed 95% of their security features, including:
- Air gap – it will be permanently online
- Private key on host, not the HSM
- Operational controls
- Physical controls
- Fail safes
- Manned security
- New location
Hackers wishing to participate can access this challenge online at hack.vo1t.io or at Consensus via a QR code.
The IP address for the lightweight will be live until the end of Consensus on Wednesday, May 15th.
With 95% of our security features removed, put your hacking skills to the test and stand to win $50k! Scan the QR code below to find out more #Consensus2019 #BlockchainWeekNYC #hackathon pic.twitter.com/sWFhswW1L1
— Vo1t (@Crypto_Vo1T) May 13, 2019
Vo1t combines cutting-edge system design with cybersecurity best practices to create the world’s most secure cold storage vault for digital assets. It is a security ecosystem that provides a custody and depository solution with a market-leading infrastructure and system.