Letter from the CEO – Sentinel Protocol

In addition to these partnerships, we rolled out a new crypto security product suite not only for our business partners, but also to a wider ecosystem of companies, organizations, and individuals concerned about cybersecurity and digital asset protection. Our new product suite, which is compliant with the FATF guidelines, is focused on supporting global AML/CFT efforts and supports my vision of the next generation AML, Cyber Anti-Money Laundering (C-AML).

With the decentralized Threat Reputation Database (TRDB) being the backbone of our product suite, we launched the Crypto Analysis Transaction Visualization (CATV) tool in April. The CATV tool helps users to visually track down stolen digital assets based on wallet transaction histories and the flows of cryptocurrencies through other wallets. We also released an update to the CATV tool (version 2.2.0) in May.

At the same time, we launched the Interactive Cooperation Framework API v2.0 (ICF API v2). This API provides a standardized cybersecurity framework for everyone to use when exchanging the latest security threat information, making threat information exchange as quick and seamless as ever.

In Q4 2019, we launched a new machine learning tool that uses pattern recognition to assess risks associated with an unknown crypto address. We call this tool the Crypto Analysis Risk Assessment (CARA) and I am extremely excited about its potential among individuals and businesses that want to further automate cybersecurity around digital assets and cryptocurrencies.

Additionally, we are happy to share the availability of our professional service: Summary Wallet Analytical Profiling. Our aim is to deliver customized services to our customers helping them enhance their capabilities for proactively managing risk and regulatory compliance, which is particularly important for being competitive in today’s dynamic age of disruptive technologies. One key benefit of our service is that it helps our clients leverage our curated threat intelligence data to gain analytical insights that enable greater productivity, speed, and improved security towards successfully achieving business goals.

While we were hard at work launching the CATV, ICF API v2, and CARA, we also continued to finetune the UPPward browser extensions. We are happy to extend the availability of the plug in to Brave Browsers. The extension is now available on Brave, Chrome and Firefox. If you are using UPPward extensions, take a few seconds to make sure you are using the latest version. In the new year, we expect to release the pro versions of these UPPward browser extensions.

Our next priorities are to provide a wider variety of coin support in our crypto security solutions such as Bitcoin (BTC) support for the CATV tool by the Q1 2020. After that, we may begin to support some upcoming project such as EOS and Kalytn.

Beyond that, we noticed an increasing adoption of digital payment utilization on mobile devices. I see this as a need to further protect our users’ virtual assets during their crypto transactions on mobile. Therefore, we are venturing into our first very mobile application that provides the ability to run checks against crypto wallet addresses to review their associated risks. All of this is still in progress and we look forward to sharing more updates in the first quarter of 2020.

In a continuous effort, we are conducting ongoing research to enhance detection capabilities of the UPPward browser extensions. Our next product feature, the UPPreward, will also be launched towards the end of Q1 2020 together with some platform visual update.

Last but not least, we are also working on a project that provides enhance cybersecurity protection for crypto user to prevent ransomware, crypto-jacking, and other well-known commodity cyber threats. Stay tuned to more surprises in the new year!