Cybersecurity Expert Michael Perklin Joins Ciphrex Board of Advisors

Cybersecurity Expert Michael Perklin Joins Ciphrex Board of Advisors

Cybersecurity expert Michael Perklin has joined Ciphrex’s Board of Advisors, reinforcing the cryptocurrency and blockchain technology software company’s commitment to building products that support the industry’s highest levels of security.

Perklin is founder and president of the CryptoCurrency Certification Consortium (C4), the first organization dedicated to establishing open security standards and certification programs for professionals working across the cryptocurrency industry. In addition, as a director of Bitcoin Alliance of Canada, he was recently called upon by the Canadian Senate’s Committee on Banking, Trade and Commerce for his expertise on digital currency.

“We are thrilled to be working closely with such an authoritative expert. Besides his high level of professionalism and competence, Michael is a joy to work with. He’s a highly valuable asset and a tremendous source of inspiration as we continue to push boundaries in this emerging field,” said Ciphrex Co-CEO and Chief Technology Officer Eric Lombrozo.

The native Canadian comes to Ciphrex’s Board of Advisors with a history working alongside the tech startup. In particular, Perklin and Lombrozo worked together to secure the bitcoin funds raised in two major projects: Ethereum and Factom. Ethereum is the largest cryptocurrency crowdsale ever. Using Ciphrex’s technology, Perklin developed policies and procedures and trained personnel in the use of specially designed security-hardened equipment. Together, Perklin and Lombrozo have secured tens of millions of dollars worth of cryptocurrencies, and they continue to work together with other professionals to help secure the entire industry.

“Joining Ciphrex’s Board of Advisors was a natural choice,” said Perklin. “After over a year of assisting informally, I’m happy to continue contributing to Ciphrex’s development of its mSIGNA and CoinSocket offerings in a more official capacity.”

As president of C4, Perklin researched the security practices of many leaders in the industry and co-authored the original draft of the CryptoCurrency Security Standard (CCSS), the first open-source document outlining requirements for all information systems that make use of cryptocurrencies. Perklin and Lombrozo, along with several other industry leaders, founded the CCSS Steering Committee to ensure the CCSS remains up to date, neutral and relevant in establishing security standards in the fast-changing world of cryptocurrencies.

A world-renowned expert in cryptocurrencies and information security, Perklin is often tapped for consultations and to conduct audits by law firms, telecoms, and law enforcement. He is highly sought after to speak at conferences worldwide and on occasion has shared the stage with Lombrozo. He will be participating in a panel at Inside Bitcoins NYC 2015, Javits Center, April 28, 4:30 pm.

About Ciphrex

Ciphrex creates technologies to build the peer-to-peer payment network infrastructure required to securely store and transact in digital assets. The company’s enterprise grade software is based on public-key cryptography and blockchain technology focusing on four key aspects: security, simplicity, speed and scalability. Ciphrex recently raised $500,000 in a fully-subscribed Series A stock issue and is on track for a Series B round offering.


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