SecureLedger

Elevator Pitch: Imagine a digital world where your cryptocurrency transactions are safeguarded in real-time, keeping your assets safe from ransomware attacks. SecureLedger leverages advanced algorithms to monitor transaction patterns, protecting your investments from today’s most sophisticated cyber threats. Join us in redefining cybersecurity for the blockchain era.

Concept

Blockchain-based ransomware attack detection and prevention platform

Objective

To provide businesses and cryptocurrency users with advanced tools to identify and prevent ransomware transactions in real-time.

Solution

Using the Ransomware Feature Selection Algorithm (RFSA) based on Gini Impurity and Mutual Information (MI) to analyze transaction metadata, ransom analysis, and behavioral patterns across BTC and USD transactions to protect users’ assets.

Revenue Model

Subscription fees for enterprise users, transaction-based fees for cryptocurrency exchanges, and premium services for individuals.

Target Market

Cryptocurrency exchanges, financial institutions, online retailers, and individual cryptocurrency investors.

Expansion Plan

Expand services to cover more cryptocurrencies and fiat currencies, develop partnerships with cybersecurity firms, and introduce AI-based predictive analytics for preemptive threat detection.

Potential Challenges

Adapting to rapidly evolving ransomware techniques, ensuring user privacy, and managing false positives in threat detection.

Customer Problem

The increasing complexity and frequency of ransomware attacks, particularly in the cryptocurrency domain, puts users’ assets at significant risk.

Regulatory and Ethical Issues

Compliance with global financial regulations, data protection laws, and ensuring ethical use of transaction data without compromising user confidentiality.

Disruptiveness

SecureLedger’s unique approach to utilizing blockchain analytics for ransomware detection in both cryptocurrency and fiat transactions positions it as a pioneering solution in cybersecurity.