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Crypto Trust Network ICO details Start Date: 2017-12-22 End date: 2018-2-22 Category: Cryptocurrency, Platform, Software



Token: CTN



Platform: Ethereum



Type: ERC20



Initial price: 1 CTN = 1 USD



Bonus:



Accepting: ETH



Soft cap: 500000 CTN



Hard cap: 10500000 CTN

Crypto Trust Network – “Stopping fraud before it happens

CTN is a security & trust platform that allows tracking of fraudulent/high-risk cryptocurrency transactions by provides tools for crypto services, exchanges, wallets or merchants to query our platform and gain a ‘trust rating’ on wallets and transactions allowing them to make informed decisions around their own business processes.

The CTN platform is powered by our analysis engine; by combining advanced data aggregation techniques, service breach report analysis, blockchain transaction information, machine learning and our internal algorithm we’re able to calculate an industry leading indicator of wallet & transaction risk through our “CTN Trust Rating.”

Calculated data will then be integrated and built into a range of tools, microservices & APIs for crypto tech companies, wallet providers, exchanges, debit card services to subscribe to. This will allow them to seamlessly integrate into their existing systems and make informed decisions and rules around accepting currency from wallets. From here our data will constantly evolve, improve and offer greater accuracy.

Whether it be an integrated wallet check before a user initiates a transfer, a debit card service wanting to gauge a ‘high-risk’ transaction or an online vendor wanting to be warned of an incoming payment using blacklisted currency CTN’s platform will offer a range of powerful tools to add value and protect customers across a range of services.

CTN platform



The CTN platform will offer four key components, each playing a vital role in the mitigation of theft

and loss. Each component will work in unison in order for CTN to provide our integration partners

high-quality data and services.

1. CTN Verified Address Book

The first service we offer will be the CTN verified address book. This will allow users of

cryptocurrency wallets to submit meta-data to be stored against their wallet. Once submitted CTN

will verify the information and have a compulsory process to prove a wallet ownership.

Upon successful verification our service will allow users to look up a wallet and seeing the associated

verified company information or the inverse; allowing someone to enter company details with an

auto-completed list that returns their verified wallet. This could be considered similar to a bank’s

‘pre-registered payee.’



2. CTN Trust Rating

The CTN Trust Rating is a propriety algorithm which will be used to calculate a ‘risk-rating’ on a

cryptocurrency wallet or transaction. The success of the service will be solely driven by the quantity

and quality of data we can obtain which will be our key USP; based on this the CTN Trust Rating will

incorporate and analyse data from a myriad of sources both public and private. Some examples

include:

Crypto-focused malware

Exchange service breach information

Crowd-sourced data of reported theft/phishing wallets

Aggregation of social sites & wallet comments

Proximity & transactions with fraud-linked wallets

Receival of blacklisted funds

Much, much more

However, to be truly industry leading our key goal is to lay foundations that will forge CTN’s position

as an invaluable tool for any company or service that uses cryptocurrencies. Outlined in our timeline

are 2 distinct releases of the CTN Trust rating. These releases are:

CTN Trust Rating v1.0

The CTN Trust Rating release v1.0 will be backed by a range of static calculated data, this will

provide high-quality proven data backed by retroactive analysis; offering valuable

information for making decisions based on past actions.

CTN Trust Rating v2.0

The CTN Trust Rating release v2.0 will incorporate our Blockchain insights engine (see 3.

below). The CTN Blockchain Insights Engine is a machine-learning backed service that will

consume blockchain information in order to offer a proactive risk analysis for making

decisions based on current actions. The CTN Blockchain Insights engine will be constantly

tuned and added to the weighing of the risk rating metric based on the quality of data and

accuracy of results.

3. CTN Blockchain Insight Engine

The CTN Blockchain insights engine will be powered by machine learning, data analysis and deep

learning. The engine’s job will be to consume blockchain data in order to pro-actively provide risk

assessment data on blockchain transactions and wallets. This data will be used to empower the CTN

Trust Rating 2.0 release; slowly feeding into our CTN Trust rating. As the quality of these insights

improves the ratio of ML-backed insights engine data will increase.

The engine’s initial release will be operated via a centralised infrastructure which is developed,

hosted and managed by CTN. However, as the project matures and the demand for more data,

deeper analysis, more supported blockchains grows we will transition to a decentralised

infrastructure allowing anyone to set-up a CTN Engine Node.

CTN Engine Node

The CTN Engine Node will be a propriety-build CTN agent which can be installed and

configured by anyone. The node software will connect to the network and help take part in

large amounts of data processing to help power the platforms tools. CTN Engine Node

operators will be paid in CTN tokens for their role in the processing, analysis and serving of

data to the CTN’s integration partners.

4. CTN Integration Tools

Every single feature of the CTN will be fully integrable. The platform will offer fast, powerful access

to the data, information and insights provided from each key feature. This allows our integration

partners to build our CTN Trust Rating and CTN Verified Address Book into their services or

applications.

As an example: a cryptocurrency wallet integrates to our CTN Verified Address Book. This allows one

of their customers to enter the company they wish to pay with a physical name such as “Crypto Trust

Network” in the background our service automatically resolves this to a verified wallet address and

autocompletes the rest of the information offering protection against accidental address entry

offering peace of mind to an individual new to the process

Team

Jim Dowling CEO Will Finlayson ctO Daniel Whyte Systems Integration Nash Varghese Accounts, Admin Warrick Walter Machine Learning Allan Walter Data Visualisation Dylan Erskine Data Analysis Billy Barrow Blockchain Specialist

Milestones

January 2018 CTN Verified Wallet “greenbar” service development begins

February 2018 CTN Verified Wallet service – beta offered to initial partners CTN Trust rating service development begins

March 2018 CTN blockchain analysis engine ML initial research & development Verified wallet “greenbar” service goes live

May 2018 CTN Trust rating service beta service offered for initial partners for internal use CTN blockchain analysis engine ML beta integration with CTN Trust rating service

June 2018 CTN Trust rating service live public release using static data sets

August 2018 Initial node development begins for distributed infrastructure

September 2018 CTN Trust rating service live integrated to initial CTN blockchain analysis engine

October 2018 CTN blockchain analysis engine further development and larger ML datasets

November 2018 CTN Trust rating service 2.0 beta development – integrated with larger data