San Francisco, USA – June 12 2018: Cryptyk Inc., which is building decentralized storage technology for enterprise security applications today announced a joint partnership project with hyperFIELD, a developer of blockchain technology for military and heavy industrial sector applications.
By integrating Cryptyk’s decentralized cloud storage platform with hyperFIELD’s blockchain technology for logistics, supply chain, and field service applications, the partnership project will aim to develop a highly secure, low cost, real-time management solution for logistics, supply chain, and field service applications targeted toward commercial, military, and industrial markets.
Cryptyk already integrates its passively secure Vault storage platform with its own blockchain based security management platform called Sentry for enterprise security applications. Vault and Sentry are two decentralized platforms that complement each other for storage and enterprise security. However, there are a lot of other blockchain technologies that would benefit from integration with the decentralized cloud storage platform. Vaults high level of security and low access latency means it is the ideal data storage solution for many blockchain platforms that cannot store large amounts of data directly on the blockchain because of latency and scalability issues. hyperFIELD’s solutions are an ideal candidate for integration with Vault.
Cryptyk CEO Dr. Adam Weigold commented that “there is huge demand for more secure, efficient, low cost supply chain management platforms in numerous commercial industries including transport, retail, field service and manufacturing. hyperFIELD’s powerful logistics platform designed for defense applications can easily be applied to these commercial applications when paired with a secure decentralized storage platform. We are very excited to be partnering with such a high quality blockchain development team in hyperFIELD, and we expect the joint partnership project to break new ground in supply chain management”.
hyperFIELD CTO, Naveen Sydney, added that “secure decentralized cloud storage combined with blockchain logistics, supply-chain, field service, and auditing is a natural fit. We are looking to integrate Vault with our solution portfolio aimed at military as well as commercial applications. We are very excited about this partnership with Cryptyk.”
Cryptyk is currently undertaking its Token Sale with the private pre-sale round open until July 8th. The public sale will then run from July 18th until August 31st (note US investors are only allowed to invest during the private pre-sale round). For more information please visit www.cryptyk.io
Cryptyk has developed a revolutionary new approach to cyber-security and cloud storage. Instead of trying to prevent data security breaches, Cryptyk assumes hacks are inevitable and makes files effectively ‘safe to hack’. Cryptyk’s new Hybrid Blockchain Technology is based on the integration of encrypted decentralized file storage with blockchain auditing and monitoring. This hybrid solution is passively immune to external, viral and operational security threats, and also allows network administrators to protect against potential internal and surveillance threats. It is the first complete cyber-security and cloud storage solution from a single vendor, and dramatically reduces the cost of cyber-security for all enterprise. For more information about Cryptyk see www.cryptyk.io.
hyperFIELD is a leading Field Service solutions provider for military and heavy industrial customers that is also developing new software technologies for next generation supply chain, logistics, Industrial/Military Internet of Things (IoT), Artificial-Intelligence/Machine Learning based Predictive Analytics, and Augmented-Reality (AR) applications that leverages blockchain technology. hyperFIELD’s in-depth expertise has enabled it to become a preferred supplier in the military and heavy industrial sectors including Aerospace & Defense, Government-Defense agencies, Oil & Gas, Mining, Utilities, Life-Sciences, Healthcare, Construction, Transportation and Heavy Manufacturing. For more information about hyperFIELD see www.hyperfield.net
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