Originally posted by ChipLeigh
At first I did not quite understand how WHK was operating. Each time i read through announcements i got a different impression. Now if i understand it more correctly, its not that deals from smaller companies will trickle into WHK's hands, its more like they will be dumped in there all at once..
The larger contracts that they have signed give access to a % of the supply chain... Upon Phase 2, when the company/departments are satisfied, and service is proven, they are granted access to the entire supply chain... This then compels supply chain companies to join WHK exchange and participate in data collection for stronger security and live threat detection... As is stated in "Two new Proof of Value Contracts in Healthcare and Utilities"( ASX 10/10/2018), "this process drives companies that are in a prime company’s supply chain to WhiteHawk's Cyber security Exchange, to mitigate key cyber risks in real-time. Some of WhiteHawk's current pipeline companies have supply chains exceeding 5,000 companies."
In other words, when one of these larger contracts suddenly integrates its whole supply chain, we will see a sudden signing of between 50 and 5000 companies at once, not one here one there oh look another... I am unsure what the $ value of that is, or how it will be reflected in the SP, but I would think that it will be a significant day when the first of these doors opens.
Pretty sure they’ve stated it will be between $1500 and $5000 per client. The thing I’m wondering is if the parent company will demand all their suppliers undergo a cyber crime check-up if they want to remain a part of the supply chain. I’d almost guess this would be the case in which case bingo.
