CYBR realized that information technology systems are regularly facing issues, smart contract transactions, and other blockchain projects. Hackers worldwide try to infiltrate the system, take control, steal tokens and most importantly, try to steal investments from exchanges and wallets. CYBR uses a holistic approach by utilizing a portal that provides real-time scanning countermeasures and threat intelligence and endpoint solutions. Thus, virtually anything that affects its integrity, confidentiality, and availability can be detected and stopped in the crypto smart contract transactions. In other words, CYBR is a platform that aims to be an ever-expanding collection of information fused with state-of-the-art software solutions to optimize the blockchain.

$CYBR is the native cryptocurrencyand the utility tokenthat can be used as a form of payment and accepted to acquire subscriptions and services offered by CYBR. The tokens also act as an access pass for the CYBR portal, and to access more features, users have to acquire more tokens. The contributors on the platform are entitled to receive CYBR token rewards for identifying verified, evaluated risks. Also, the platform is launching a CYBR walletwith some features like when user choose them, a small amount of CYBR is burned to create a scarcity of tokens proportionate to the usage. Thus, more utility of the token and more demand can be achieved.

The official whitepaperof CYBR Token was launched on April 26, 2019. As the roadmap suggests, the Q2 of 2016 marked the establishment of the east coast office in Virginia. Later in Q2 of 2018, the detailed design of the CYBR ecosystem was completed, the SAAS model was repurposed for the blockchain, and in Q3, CYBR utility tokens were created. The team of CYBR accumulates total experience of more than 125 years where the founder Shawn R. Key is the primary key personnel member. The platform has partnered with many bluechip companies like IBM, Hewlett Packard (HP), AWS, General Dynamics, Raytheon, and more.