Acronis to Use Blockchain for Data Protection
Acronis , the Singaporean data security, and protection company has announced that the company will implement blockchain technology for data protection in the future A Singapore-based firm has expressed its interests to experiment with blockchain technology to strengthen its data storage and security services. Acronis, as the name is titled, has recently employed a research and development facility to look into the Bitcoin’s distributed ledger technology, while focusing on creating tools that can be used to protect data from getting corrupted, stolen or compromised. Is it something new?....
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Acronis, a provider of backup and recovery software, announced an initiative at its 2016 VIP Partner Summit to develop blockchain technology-based applications for data protection, according to IT Brief, an Australia-based technical news source. A dedicated research and deployment team will provide “tamper proof” data storage to guarantee privacy and data authenticity. The technology is currently in prototype form. Blockchain’s Security Promise. Blockchain technology records digital events and can address a wide range of data use cases for organizations globally. It can provide global....
Acronis, a technology firm synonymous with backup and recovery software has announced a new storage solution called Acronis Storage, wherein data will be secured and authenticated with Ethereum’s public blockchain. Acronis, a software company founded in Russia while now headquartered in Singapore was initially revealed to be working on implementing blockchain technology into its products in early 2016. The goal was to achieve data immutability. In May 2016, Acronis’ executive John Zanni revealed that its blockchain-secured data storage solution was targeting both business and individuals.....
Backup and recovery solutions technology company Acronis, the developer of popular software for consumers and businesses alike, is looking to integrate blockchain technology into its products, according to a report. Software developer Acronis, a company founded in Russia and now operating globally while headquartered in Singapore is looking to introduce blockchain technology into its products, according to a report by Russia’s leading business daily, the Vedomosti. According to the publication’s sources, the software maker is developing several pilot projects with a common prototype called....
Ethereum blockchain platform is to open a Blockchain research center in Skolkovo (Russia’s counterpart of Silicon Valley), and partner with Acronis data management company, as reported by the Russian VC.ru. On Monday, Vitalik Buterin, the founder of Ethereum platform, hosted the “Ethereum Russia 2016” conference in Skolkovo, which was also attended by the representatives of QIWI payment processor, AlmazCapital venture fund, IBM, Waves, and Acronis. The conference was dedicated to “the most recent and significant topics in the Blockchain industry”. Skolkovo Blockchain research center. After....
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data protection matters surrounding the project. Meanwhile, an ECB executive has vowed that the digital euro will protect users’ privacy. EDPB Insists Data Protection Should Be a Priority in Eurozone’s CBDC Project The EDPB has shared its views on the privacy and data protection aspects of a possible digital euro in a letter addressed to European Union institutions. The independent body insists....