SoLVBL's Digital Payment Authentication Seal Receives Notice of Allowance from US Patent Office
AGORACOM Small Cap CEO Interviews - Un podcast de AGORACOM
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It’s no secret that we live in a digital data age. Data is critical for the present and future of automation, AI, IoT, analytics etc. As decisions become more automated, data integrity becomes even more crucial. The cyber security market size was valued at $149.67 billion in 2019 and is projected to reach $304.91 billion by 2027. Data is the “new gold” and… where you find gold you’ll find people who want to steal it. Forgery and hacking is a growing problem in the data world. Enter Q by SoLVBL™’s Patented Technology Q by SoLVBL™ operates dramatically faster and at lower latency than the alternative today, Digital Ledger Technology (DLT)—commonly referred to as Blockchain. This in turn enables data uses and applications DLT does not support. The Q by SoLVBL™ protocol produces a unique digital seal for each submitted record. This seal, in correlation with the record for which it was issued, can be used to: Prove the record has not been altered since the seal was issued Link the record to the possessor of a private signing key, i.e. an identity Determine relative ordering of records sealed in this manner Uniquely identify an instance of the record by way of its seal (each seal reflects an instance) Third-Party Validation... The company previously announced the Successful Completion of Amazon Web Services Technical Review of Q by SoLVBL(TM). The review confirmed Q by SoLVBL's, security, reliability and operational excellence while reducing overall operational workload risk for cloud-based applications. In the last few days SoLVBL Solutions' Digital Payment Instrument Authentication Seal Receives Notice of Allowance from US Patent Office "We have been enhancing strong intellectual property protection around our assets, and we continue to create value for our Company. This new Notice of Allowance allows us to protect our technology portfolio and continue to develop data authentication products for the financial services sector. We strongly believe that digital currencies and digital payment systems will play an integral role in the global economy for the foreseeable future, and our digital payment authentication seal has the opportunity to be a large part of this future," said Kaiser Akbar, President & CEO of SoLVBL Solutions. Sit back and watch this powerful interview.