VMware And Other Leading Enterprises Partner With Blockchain Company To Implement Data Privacy

VMware, Ant Financial and RGAX have announced today a partnership with QEDIT, an Israeli blockchain security company, to implement data privacy solutions across their blockchain networks.

According to Jonathan Rouach, QEDIT’s CEO and Co-founder, QEDIT and VMware are specifically working on integrating QEDIT’s solution into VMware’s blockchain offering to provide an advanced privacy solution for the platform users. For example, ZKP provides the ability to transfer ownership of an asset without exposing the seller, the buyer, and what was sold to the rest of the parties on the chain. According to Rouach, QEDIT allows collaboration based on confidential information, without exposing the underlying data.

"The most familiar ZKP solution currently out there is Zcash, focusing on cryptocurrencies. QEDIT is focusing solely on enterprise use cases, giving special attention to the needs of companies looking to deploy blockchain. For example, we’re one of the only companies offering complete private issuance of assets, which is critical for supply chains.

“We are building partnerships with leading banks and financial institutions around the world, and are expecting to see adoption of the credit scoring protocol in the future. Our current focus is on the asset transfers protocol, which is available today as an enterprise solution,” said Rouach. Additionally, QEDIT is also providing a solution for RGAX, the transformation unit of global reinsurer Reinsurance Group of America . RGAX focuses primarily on life and health-related insurance solutions to expand the footprint of the industry and accelerate the development of new solutions and services.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The CEO of VMware implies that in the cloud wars, the company's heart really belongs to Amazon, not its new friend MicrosoftAt a behind-the-scenes Q&A, Pat Gelsinger explained that VMware still viewed Amazon as its main cloud buddy.
Source: BusinessInsider - 🏆 729. / 51 Read more »

BeefChain Receives First USDA Certification For A Blockchain CompanyBeefChain, a company meshing the world of blockchain with the beef supply chain, received certification from the United States Department of Agriculture (USDA) as a Process Verified Program. BeefChain is the first blockchain company to receive such USDA certification. Don’t let AOC see that, she just may close down all our burger 🍔 shops and then we won’t have any milk 🥛 for cereal 🥣. Lmao 😆 😉 Blockchain is clearly the next obvious technological advancement which soon, we will not be able to live without!
Source: Forbes - 🏆 394. / 53 Read more »

Newsom wants companies collecting personal data to share the wealth with CaliforniansNewsom has assigned a team to work with national data scientists and legislators to create a “data dividend” — a payment that businesses would make to the state or to consumers if their personal data are sold. He's got his eye on the White House 2024? 2028?
Source: latimes - 🏆 11. / 82 Read more »

Lessons From The 50 Fastest-Growing Women-Owned/Led CompaniesDiversity, networking, and agility are the tools of successful women.
Source: Forbes - 🏆 394. / 53 Read more »

Lessons From The 50 Fastest-Growing Women-Owned/Led CompaniesDiversity, networking, and agility are the tools of successful women. One more post about women and i will cut my dick off and change my name to archibaldina
Source: Forbes - 🏆 394. / 53 Read more »

Google Pixel, Assistant and privacy updates from the company's 2019 IO eventHere’s a quick rundown of the biggest things Google discussed during its presentation. - NBCNewsTECH
Source: NBCNews - 🏆 10. / 86 Read more »