Block.one speaks to Tayo Dada, founder and CEO of “the world’s first blockchain-powered cyber-threat solution”

How do you describe your DAPP?

Tayo: It’s a web-based software solution that acts as a virtual cyber security consultant, helping companies to secure their computing equipment simply and cost-effectively. It allows businesses to monitor, protect themselves against and eliminate cyber threats, staying one step ahead of malicious hackers through a global and secure decentralized network of cyber security scanners. Unlike centralized cybersecurity solutions, Uncloak incentivizes registered cyber security experts and white-hat hackers to seek and solve pending cyber threats and rewards them through a fully automated system. This collective global effort makes the process of discovering security issues significantly faster, cheaper and more effective.

Where did your initial idea come from?

Tayo: Having spent over 15 years working in cyber security consultancy, it was apparent to me that the IT sector was unable to keep up with hackers, with new threats appearing on a daily basis, often involving sizable amounts of money and/or data being stolen. It was also apparent that the overwhelming majority of companies cannot afford to purchase ad hoc cyber security services, or were unaware of the dangers until they had been hacked themselves. All businesses — large, medium and small — have similar security requirements for protecting their infrastructure. Our vulnerability scanner helps them to eliminate the threat of cyber insecurity.

Can you introduce your team?

Tayo: I’m Tayo Dada and I’m a cybersecurity expert with 20 years’ experience in the field. I manage a 15-strong core team that offers a well-rounded mix of cybersecurity, blockchain and business development expertise. Jae Chung is our Senior Developer and his skillsets cover EOS development, C, C++ and Java. Brendan Sturm is a Blockchain Developer with experience in ERC-20, Solidity, token development, DAPP development and Python. Nick Banks is our Commercial Director and has taken a number of tech companies to market globally. Vincent O’Neill is a security expert with over 30 years’ experience in security operations across government, intelligence and commercial sectors.

What stage is the project at?

Tayo: Uncloak has spent a year developing an MVP (minimum viable product) which is available as a demo right now. This was developed through working with many small to large enterprise clients who have similar security requirements in protecting their infrastructure and who seek a systematic approach to thwarting would-be hackers.

Why did you decide to build on blockchain, and specifically on EOSIO?

Tayo: The immutability of the blockchain provides a whole new level of protection. EOSIO offers us a high-speed, highly-secure Delegated Proof of Stake blockchain, whose technology has been tried and tested on other successful platforms such as Steemit and Bitshares. Uncloak uses the platform for a number of things, including permissioned access to data from different groups of users, obfuscated data management for ensuring that customer information is kept private, a time-lock on data, and storage of IP/copyright data for hunters who find new vulnerabilities.

How has the EOS community been supportive?

Tayo: The community is absolutely amazing. It’s very tight-knit, and everybody wants to help each other out, from block producers to developers. Members of the HKEOS Block Producer team were instrumental in connecting us with investors and advisors in the region. The EOS communities in Hong Kong, the UK and Ireland offered us the opportunity to engage the community through keynotes in multiple events, including the EOS mainnet launch event in London. Greg Leffel, our business development / community manager, has been instrumental in engaging with the EOS community.

More information on the Uncloak app available on www.uncloak.io