Verizon Enterprise Solutions said it will launch a portfolio of blockchain platform services based on Guardtime’s KSI Blockchain capabilities later this year.
Consumed as a service, Verizon’s enterprise and government customers will be able to integrate proven blockchain solutions into their existing business processes.
The Verizon blockchain platform services will focus on privacy, portability and scalability – adding proven managed security services on top of leading technology from Guardtime.
Typically, blockchain technologies require customer data be copied into a blockchain, but with Verizon’s solution that data won’t leave the customer premises, said the Operator.
Additionally, Verizon’s solution will work seamlessly around the globe. The service will also scale easily and predictably, regardless of the overall volume of data being monitored. Guardtime’s KSI Blockchain uses well-known security functions, including Secure Hash Algorithms, Hash Trees, and a distributed consensus protocol to establish an immutable audit trail for data movement within and between organizations.
Alex Schlager, Executive Director Security Services, Verizon Enterprise Solutions
Increasingly, our enterprise customers want to effectively leverage blockchain to meet the security demands from their customers.
Matthew Johnson, CTO, Guardtime
Verizon’s security practice has global scale and a deep understanding of customer security challenges. Our customers now get proven managed security services to manage our blockchain technology stack.
