From Investing.com: 2024-06-27 06:30:35

Interlock announced the launch of a Web3 crowdsourced internet security community called ThreatSlayer. ThreatSlayer, a browser extension powered by blockchain and AI, protects users from malicious websites. Interlock CEO appeared on Entrepreneur’s “Elevator Pitch,” potentially securing a $100,000 investment from Netflix co-founder Marc Randolph. The company aims to revolutionize internet security by incentivizing users to share security data through its platform.

Interlock’s Web3 security model aims to tackle phishing attacks with community-sourced threat data and AI technology. The company will introduce its utility coin $ILOCK, reward users for sharing data, and offer security staking opportunities. Interlock plans to monetize its shared security data in the B2B threat intelligence market and launch enterprise versions of its products. The company has raised $4.1 million in funding.

Interlock’s ecosystem includes ThreatSlayer, Galactus, and Octahedron, leveraging user data, blockchain, and AI technology to enhance internet security. Octahedron uses supervised learning and proprietary algorithms to identify and prevent malicious websites. The company’s reputable team, including CEO Rick Deacon and advisors Ethan Johnson and Ajeet Khurana, bring extensive cybersecurity expertise to the table. Users can join the Interlock community by downloading ThreatSlayer and participating in the incentivized security ecosystem.

Read more at Investing.com: Interlock Launches ThreatSlayer Web3 Security Extension and Incentivized Crowdsourced Internet Security Community By Chainwire