agap2IT Unveils Blockchain Platform with Innovative Security Technology
agap2IT is launching BlockBase, a platform for the secure storage of databases on the blockchain—a disruptive service that enables companies and institutions to ensure the complete security of their digital information. Based on cutting-edge technology—Blockchain—it has been developed using in-house expertise and with support from the EU, specifically through the Portugal 2020 SI – I&DT funding program.
Lisbon, March 2020 – In light of the rise of false information online, such as fake news, fake profiles, misleading statistics, and artificially generated photographs, among many others, as well as the increase in the number of records compromised by cyberattacks involving their theft, sale, fabrication, covert alteration, or destruction —90% of which contain sensitive data—it is becoming increasingly essential to seek alternatives to traditional database and information security systems. The BlockBase platform, based on blockchain technology, solves these problems with an innovative and disruptive approach that ensures the security and authenticity of data stored and shared by companies and institutions of any size or sector.
The blockchain platform is designed to handle any type and format of data and is being implemented by a dedicated team from agap2IT’s Labs division, its Innovation department. The four-year project, which received support from the Portugal 2020 SI – I&DT funding program, has progressed rapidly. As early as 2020, it began its testing phase and launched a Sandbox to demonstrate the advantages of the security system that has been developed. It is now entering its beta phase.
BlockBase is based on EOS technology, the world’s most advanced blockchain, offering users confidentiality, integrity, and availability, along with the ability to integrate directly with traditional systems, adapt to any business model, and scale according to the project’s identified needs.
As Ricardo Schiller Pinto, Head of Research and Development at agap2IT, explains, “Ensuring the security and integrity of data is only possible through the use of blockchain systems. Without them, all data can ultimately be manipulated, stolen, or deleted, without it being possible to determine who did what and when. This is due to a problem resulting from the centralization of systems, the abuse of power, and the lack of reliable mechanisms that enable the creation of evidence regarding the evolution of the data stored in these systems. Ensuring data security and integrity will be a key feature of future systems, which is why we have invested heavily in this area of technology. BlockBase justified the Program's financial support ”Portugal 2020 SI – R&D, which demonstrates the project’s significance and agap2IT’s expertise in developing cutting-edge technology.".
The BlockBase platform is part of the consulting firm’s investment in R&D, with the goal of creating solutions that position it at the forefront of technology, demonstrating its excellence to its partners, and promoting entrepreneurship. The work carried out by the agap2IT team enables the development of truly innovative projects, which form the basis of a unique offering.
Additional information at https://blockbase.network/ e https://www.youtube.com/watch?v=8XRFmZBlwnA.
About agap2IT
Founded in September 2005, agap2IT is a European organization in the field of Information Systems, Science and Technology and a benchmark in the world of Banking, Insurance, Telecommunications, Industry, Pharmaceuticals and Energy, among others. Committed to innovation, agap2IT is focused on creating real value for its Clients and Consultants.
It currently has offices in 10 countries - Portugal, France, Spain, Switzerland, Germany, Belgium, Holland, Denmark, Italy and Sweden - and projects spread across 4 continents.
The ability to intervene globally, combined with the team's high level of experience and technical, functional and business know-how, guarantees excellence in responding to the most demanding and complex challenges. Further information at https://www.agap2-it.pt/Agap2IT
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