Spin509
Spin509
Token: SPIN


Blockchain Powered Data Protection

ICO dates
Start date:
End date:

Registrated in: Undefined

Platform: Ethereum
Type: ERC20

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Spin509 categories
Software
Spin509 whitepaper
Spin509 token sale
KYC passing required No | Whitelist No | Restriction for countries No
Price 1 SPINX = 0.4 USD
Acceppting ETH
Spin509 news, social
Spin509 search trends in Google
Random whitepaper excerpts

TABLE OF CONTENTS
Version 3.0, March 1, 2018
1. ABSTRACT
3
2. LEGAL DISCLAIMER
3
3. TOKEN SALE SUMMARY
4
4. INTRODUCTION
6
4.1 PROBLEM
6
4.2 SOLUTION
7
4.3 WHY BLOCKCHAIN?
8
4.4 COMPANY
9
4.5 THE MARKET
10
4.6 BUSINESS MODEL
10
4.7 THE BIG IDEA
11
5. BLOCKCHAIN POWERED DATA PROTECTION
11
5.1 BLOCKCHAIN CERTIFICATE AUTHORITY (BCA)
11
5.1.2 How it works.
13
5.1.3 Competitive Edge
14
5.1.4 Storing client-side certificates
15
5.2 ROADMAP
15
6. TOKENS STRUCTURE
16
6.1 DISTRIBUTION OF TOKENS
17
6.2 BLOCKCHAIN BASED ON TOKEN
18
6.3 ARCHITECTURE OF SMART-CONTRACT
18
6.4 PAYMENT METHODS
19
7. RISK FACTORS
20
Page 2
...

1. ABSTRACT
This SPIN509 token sale whitepaper describes an integrated platform for getting fast and
secure access to cloud data in real-time with the help of Blockchain and using smart
contracts. Spin509 offers solutions to prevent business-critical data loss and leak. The
purpose of this SPIN token Sale White Paper is to provide innovative methods of data
protection through decentralized transactions in the Blockchain network.
2. LEGAL DISCLAIMER
This SPIN509 token sale whitepaper is designed to present the ​
Blockchain Certificate
Authority (BCA)​
project to potential token holders in connection with the forthcoming
token sale. The information provided in this document is not exhaustive and does not imply
contractual obligations. The purpose of this document is to provide and communicate
information and arguments that will enable individuals that are potentially interested in
tokens to familiarize themselves with the primary offer of Spin tokens and its technological
ad...

This Spin509 token sale white paper, written in English and can be found at
https://spin509.com/spin-whitepaper.pdf,​
is the main official document on the primary
proposal for SPIN tokens. The information contained herein may be translated into other
languages or used in the course of written or verbal communications with existing and
prospective customers, partners, etc. In the course of such translation or communication,
some of the information contained herein may be lost, corrupted, or misrepresented. The
accuracy of such alternative communications cannot be guaranteed. In the event of any
conflicts or inconsistencies between such translations and communications and this official
English language whitepaper, the provisions of this English language original document
shall prevail.
3. TOKEN SALE SUMMARY
Spin509 is going to provide 2 types of tokens:
Type #1 - SPINX Token.
SPINX token holds the right to be exchanged for the SPINX tokens at any time. The
opportunity will be ...

Token Value
Website link
Accepted forms of
payment
Private Sale Start Date:
Private Sale End Date:
Token Issue Date:
SPINX token holds the right to be exchanged for the SPIN
tokens in a predefined proportion 10x, i.e. 1 SPINX token = 10
SPIN tokens.
spin509.com
ETH
March 1st, 2018
April 31st, 2018
On demand
Type #2 - SPIN Token.
SPIN tokens grant their holders exclusive rights to buy services of BCA. SPIN token sale is
conducted by Spin509 Inc, a British Virgin Islands corporation – a data protection company.
The opportunity will be open to the public globally.
Token Sale Volume
400 000 000 SPIN tokens
Token Issue Volume
700 000 000 SPIN tokens
Token standard
ERC-20 standard-based Ethereum token
Token type
Utility
Token Price at Issue
$0.2 per token
Token Value
SPIN tokens can be used to buy a new secure X.509
certificate, renew or revoke an existing one.
Pag...

Website link
Accepted forms of
payment
Token Issue Date:
spin509.com
ETH
Once the product will be released
4. INTRODUCTION
Sensitive data stored in the cloud has become a primary target for cybercriminals. The
amount of data on the planet is growing at a tremendous rate every day, and nowadays
information is the most valuable asset.
4.1 PROBLEM
The era of traditional password protection is over. ​
Traditional password protection no
longer guarantees your privacy because traditional centralized security infrastructure is
getting less secure every year due to hackers finding more sophisticated ways to break
through to your data.
Here are a few examples:
-
In the recent Equifax data breach
,

hackers ​stole
half of the US population's Social
Security numbers due to weak administrator passwords.
-
Complicated passwords​
are becoming a problem. On average, a typical user
recovers...

According to the ​
Gartner Magic Quadrant for Enterprise Data Loss Prevention​
report, the
need to protect corporate data is becoming increasingly important. By 2020, 85% of
organizations will implement at least one form of integrated DLP-system.
4.2 SOLUTION
As a new wave cybersecurity company that always goes in step with the newest
technology trends and market needs for a greater security of data, Spin509 is planning to
implement the ​
Blockchain powered Certificates Authority
service based on secure X.509
certificates and Blockchain nodes to help 3rd-party providers implement ​
Blockchain
powered Single Sign-On technology (BSSO) for Cloud Services
such as G Suite, Office
365, Salesforce, and many others. Here we are going to use a hybrid blockchain model with
private and public blockchains, both Ethereum based.
In terms of x.509 certificates there are 2 very well known PKI problems and we are
going to provide unique solutions here:
1. ...

case blockchain helps us to identify valid certificates and prevent the
creation of fake certificates.
Both solutions are unique on the market and make our company different from the
competitors who provide traditional X.509 certificate using a centralized architecture..
In our opinion, this is the most secure data leak protection currently available on the
market that provides a password-free access to your critical SaaS data based on
decentralized architecture through a secure certificate that can be easily installed on any
device, with a high level of protection of the certificate itself at all stages.
4.3 WHY BLOCKCHAIN?
The decentralized architecture of the Blockchain technology combined with the use of
Smart contracts provides the best solution for managing transactions through the use of a
decentralized common database that does not involve third parties. Additionally, networks
of independent entities and complex cryptography's for communication prevent the
possibility of falsifying d...

to users. This is what makes blockchain the best framework for data security. With that
being said, Blockchain will be used for the following reason:
1. To help us identify valid certificates and prevent the creation of fake certificates
which means to protect user accounts against unauthorised access, brute force
attacks and data leak disasters.
4.4 COMPANY
Spin509 is a SaaS data protection solutions provider. We provide secure X.509 certificates to
3rd-party solution providers to help them protect their end customers against
unauthorized access to SaaS data stored in the cloud with the help of blockchain.​
Our wide
expertise in cybersecurity and proven business model make us well positioned to protect
organizations of all sizes against Data Leak and Data Loss in the Cloud that mostly come
from insider threats and human error.
One of our main strategic partner​ i​ s Spinbackup, a Cloud Cybersecurity (API-based CASB)
and Cloud to Cloud Backup solutions provider for G Suite and ...

Spin509 Roadmap

1
Q2 2018
Blockchain Certificate Authority (BCA) platform alfa-version
Alpha version is available at spin509.io
Free trial is available for early adopters with private invitation.
2
Q3 2018
Blockchain Certificate Authority (BCA) platform alfa-version
3
Q4 2018
Blockchain Certificate Authority (BCA) platform beta-version.
Dmitry Dontsov
Dmitry Dontsov CEO & Founder

Arman Agaronyan
Arman Agaronyan Partner Manager

Daniel Hegedus
Daniel Hegedus Customer Success Manager

Maria Skufati
Maria Skufati Senior Marketing Manager

Josh Jermaine
Josh Jermaine Business Development Executive

Ravi Jagtiani
Ravi Jagtiani Sales Engineer

David Krbachian
David Krbachian Sales Engineer

Dave Mata
Advisors Dave Mata

Gene Libov
Advisors Gene Libov

Michael Terpin
Advisors Michael Terpin

Gene Libov
Gene Libov
San Bruno, CA, United States of America. Adviser
GENE LIBOV
GENE LIBOV
Information Security Advisor
Japheth Dillman
Japheth Dillman
ICO Korean Investor. Participated in many successful crowdfunding campaigns
Chief Strategy Officer
Michael Terpin
Michael Terpin
CEO, TRANSFORM GROUP
CEO of Transform Group, chairman BitAngels
PR advisor
Blockchain Adviser, CEO, Transform Group; Chairman, BitAngels / USA
CEO, Transform Group; Chairman, BitAngels
Founder and CEO, Transform Group
Transform Group, CoinAgenda
Founder and CEO of Transform Group, Advisor at ICOBox
CEO, Transform Group Chairman BitAngels Managing Director bCommerce labs
CEO Transform Group, CoinAgenda, BitAngels
PR Advisor CEO at Transform Group & Chairman at BitAngels
Advisor
Transform Group CoinAgenda
Founder & CEO, Transform Group
CEO OF TRANSFORM GROUP & ADVISOR FOR ICO BOX
Primary crypto advisor
Founder and CEO of CoinAgenda
Advisor
Advisory Board Member
co-founded BitAngels
CEO Transform Group
Transform Group CEO