TAIPEI, July 28, 2022 /PRNewswire/ — Award-winning Taiwan blockchain options supplier Worldwide Belief Machines Company (ITM) introduced that it’ll current Blockchain Notary Service (BNS) on the CES 2022. The expertise has been adopted by Taiwan’s Ministry of Justice as a part of the newest initiative launched by the federal government to combine blockchain expertise with its authorized sector. The beginning-up shall be showcasing its expertise on the Taiwan Tech Enviornment (TTA) Pavilion at CES 2022

The capital injection from the world-leading IC design home MediaTek and the Taiwan-based electronics manufacturing big Wistron has expanded the worldwide popularity of ITM which has reworked its enterprise focus from blockchain software program growth package (SDK) to Platform-as-a-Service. With the launch of ITM Blockchain Notary Service (BNS), the corporate has additionally addressed information belief points which have been plaguing all kinds of industries.

Blockchain is a good resolution for information validation and safety, however the scalability drawback of the expertise presents a problem for firms wishing to make use of blockchain to file their large quantity of information from IoT units cost-effectively. With its ground-breaking expertise, ITM goals to assist enterprises break by the bottleneck and permit them to make the most of blockchain for IoT functions by concentrating on three widespread issues – scalability, privateness and price.

“Linking SDK to company techniques is a really difficult course of for many firms because it requires skilled blockchain engineers to finish the system integration. Prior to now, firms needed to encrypt information, construct a blockchain system and add information on their very own, which proved to be costly and time-consuming. By utilizing our BNS, firms are actually capable of shrink an infinite quantity of information into a brief string of digits, a 32-byte ledger fingerprint can seal a million transactions with the power for fast auditing of chosen information. It’s an easy-to-use one-stop service requiring no efforts from firms,” mentioned Julian Chen, Co-Founder and CEO of ITM.

ITM BNS leveraged its cutting-edge expertise to offer firms with the best strategy to join their functions or information to Ethereum at zero price, permitting them to attain better effectivity and belief. Additionally it is the first-ever platform to uplink million-scale transactions free of charge onto Public Blockchain Ethereum. It’s potential because of the corporate’s cryptographic safety algorithm that transforms into Restful API beneath an unique safety protocol to permit for streamlined connection between the corporate’s information and public blockchain, reaching larger ranges of safety and TPS with low price and IoT uplinks.

ITM BNS additionally permits firms to concentrate on constructing their system whereas simply establishing reliable transaction historical past, time stamp, system ID, and different associated info, facilitating easy communication between totally different entities. The service options three interfaces, together with an internet app for on a regular basis customers, an API for builders and an IoT SDK for Edge units.

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About Worldwide Belief Machines Company (ITM)

Based in January 2019 in Taiwan, Worldwide Belief Machines Company (ITM) affords Blockchain Notary Service as an answer to the scalability drawback of public ledgers.  Since its institution, ITM has been working with native and worldwide organizations to additional promote progressive blockchain options. Its purchasers and strategic companions embrace Qualcomm, Microsoft, MediaTek, Acer, Kneron, and others.

The blockchain options supplier has claimed the first runner-up honors on the Qualcomm Innovate in Taiwan Problem 2019 (QITC 2019), it was additionally among the many 80 startups chosen by the Taiwan Tech Enviornment to exhibit progressive merchandise on the TTA Taiwan Tech Pavilion at CES 2020. ITM obtained pre-A spherical funding from international main IC design home MediaTek and main electronics producer Wistron. The funding has introduced ITM a rising abroad curiosity.

 ITM facilitates reliable transactions with its zero-cost Blockchain Notary Service.


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