Taipei, July 28, 2022 / PRNewswire /-Award-winning Taiwan International Trust Machines Corporation (ITM), a blockchain solution provider, announced that it will introduce the Blockchain Notary Service (BNS) at CES2022.This technology Taiwan’s The Ministry of Justice is part of the latest government-launched initiative to integrate blockchain technology with the Legal Department. The startup will showcase its technology at the Taiwan Tech Arena (TTA) Pavilion at CES 2022.
With MediaTek, the world’s leading IC design company TaiwanWistron, a leading electronics manufacturer of bases, has expanded ITM’s international reputation and shifted its business focus from the blockchain software development kit (SDK) to Platform-as-a-Service. With the launch of the ITM Blockchain Notary Service (BNS), the company has also addressed the data trust issues that have plagued various industries.
While blockchain is a great solution for data validation and security, technology scalability issues pose a challenge for companies that want to use blockchain to cost-effectively record large amounts of data from IoT devices. With breakthrough technology, ITM addresses three common issues: scalability, privacy, and cost to help businesses break through bottlenecks and leverage the blockchain of IoT applications. Is aimed at.
“Linking the SDK to a corporate system is a very complex process for most enterprises, as experienced blockchain engineers need to complete the system integration. Until now, enterprises have encrypted and blocked data. I had to build a chain system and upload my own data. BNS allowed businesses to shrink huge amounts of data into short numeric strings, a 32-byte ledger fingerprint. Now you can seal 1 million transactions and quickly audit selected data .. It’s a one-stop service that’s easy to use without the hassle of a company. ” Julian ChenCo-founder and CEO of ITM.
ITM BNS leverages state-of-the-art technology to provide enterprises with the easiest way to connect applications and data to Ethereum at zero cost, enabling greater efficiency and reliability. It is also the first platform to uplink million-scale transactions to the public blockchain Ethereum for free. Streamline connections between corporate data and public blockchains, with lower costs and higher levels of security and TPS with IoT uplinks, thanks to the company’s cryptographic security algorithms that convert to Restful APIs under a dedicated security protocol. It can be realized.
ITM BNS makes it easy for enterprises to focus on building their systems while establishing reliable transaction history, timestamps, device IDs, and other relevant information, facilitating smooth communication between different entities. Become. The service has three interfaces, including a web app for everyday users, an API for developers, and an IoT SDK for edge devices.
For more information, please visit: https://bns.itrustmachines.com/login..
About International Trust Machines Corporation (ITM)
Established in January 2019 of Taiwan, International Trust Machines Corporation (ITM) offers BlockchainNotaryService as a solution to public ledger scalability issues. Since its inception, ITM has worked with local and international organizations to further promote innovative blockchain solutions. Its clients and strategic partners include Qualcomm, Microsoft, MediaTek, Acer and Kneron.
Blockchain solution provider claimed first runner-up honor at Qualcomm Innovate Taiwan Challenge 2019 (QITC 2019) was also one of the 80 startups selected by Taiwan Tech Arena to showcase innovative products at the TTA Taiwan Tech Pavilion at CES2020. Electronics manufacturer Wistron. With this investment, ITM is gaining interest abroad.
ITM promotes reliable transactions with zero-cost blockchain notary services.