Naoris will introduce a blockchain-based cybersecurity system across IT Networks in the Middle East. Dubai-headquartered IT solutions company PROW has agreed to utilise Noaris’ AI and blockchain-based platform to help secure its clients’ networks. PROW manages IT projects across a range of sectors including government, healthcare and retail.
Naoris and PROW have signed a partnership that will include a thorough assessment of PROW’s Middle East framework, following implementation of Naoris’ ecosystem across PROW’s key data infrastructures. The agreement will provide a robust system for PROW as it delivers cloud-based solutions and digital transformations for leading tech companies. PROW’s partners include Cisco and HP.
Multiple high profile infrastructure, construction, IT and government projects in the Middle East has necessitated the requirement for robust cybersecurity networks. Analysts at International Data Corporation (IDC) predict that the cybersecurity market within the region will double over the coming four years to $22.14bn in 2022 (up from $11.38bn in 2017) [http://www.itp.net/617541-unlocking-the-network-security-opportunity]. As a result, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the ‘Dubai Cyber Security Strategy’ in 2017 to provide integrated cyberspace protection and support innovation in cyberspace across the emirate region. Based on five pillars, the initiative will implement cyber smart technology, innovation, cyber security, cyber resilience, and collaboration on an international level. The centre will work with government agencies to strengthen Dubai’s position as a world leader in innovation, safety and security.
Current cybersecurity models mean that multiple devices on the same network can provide an entry point for hackers to gain access to the entire system – which could have huge consequences, especially in governmental and healthcare digital arenas.
Naoris’ infinitely scalable platform, the Naoris Security Ecosystem (Naoris SE), offers near-instantaneous detection and reporting of cyber threats, facilitating a consensually approved fix action without the need to rely on a central point of failure to command changes. Results are then disseminated onto an immutable ledger, where they become accessible and independently auditable.
The platform’s rule-bound and distributed consensus ecosystem allows fixes to occur before attacks have time to spread. Each node in the blockchain acts as an additional distributed layer of protection, which means that while traditionally networks become weaker as more devices are connected, Naoris’ solution allows networks to become exponentially more secure and agile as they expand.
David Carvalho Founder and CEO of Naoris, commented:
“The Middle East is experiencing an ever-changing shift of data networks following its rapid advancement with digital technologies. This has led to further requirements of robust cybersecurity systems within private and public sector organisations. The blockchain provides a novel and effective way of protecting typically hard to defend environments from cyber threats and ensuring no end-point provides a threat for the network or its data.
“We are pleased that PROW has agreed to utilise our platform across its networks. As project managers and IT experts, PROW can see that we will be invaluable to its clients and offer well-guarded solutions as its networks grow larger and more complex.”
Roland Hash, Managing Director of PROW, added:
“We are proud to sign an agreement with Naoris that will revolutionise our cybersecurity networks using the latest AI and blockchain technologies. As we expand, the need for advanced cybersecurity becomes fundamental for our solutions to clients. Naoris is the lead provider of scaleable and robust systems that will help secure our data infrastructures across the Middle East.”
Litecoin Foundation and Crypto Invest Summit Partner to Educate Cryptocurrency and Blockchain Investors, Builders and Developers
Charlie Lee and the Litecoin Foundation to join Crypto Invest Summit’s Highly Successful, Hyper-Focused Builders’ Track To Increase Blockchain Development and Adoption
LOS ANGELES, CA, December 12, 2018 - Crypto Invest Summit, the United States’ largest cryptocurrency and blockchain conference has partnered with the Litecoin Foundation, led by Litecoin creator Charlie Lee, to program the portion of the Builders’ Track devoted to Bitcoin, Litecoin and Lightning Network development at this spring’s Crypto Invest Summit. Each Track at Crypto Invest Summit is designed to specialize in various highly sought-after topics with the goal of increasing blockchain usability, development, and collaboration.
Other breakout sessions include the Women in Crypto Track, Security Token & Digital Asset Track, Crypto Trading Track and Healthcare Track. Attendees automatically get all-access passes with every Crypto Invest Summit ticket purchase; seating is limited on a first-come-first-serve basis.
Aside from the the Builders’ Track, Charlie will be featured in a keynote fireside chat on Crypto Invest Summit’s main-stage and the Litecoin Foundation will have booth on the Crypto Invest Summit expo floor.
"I’m really looking forward to Crypto Invest Summit. Education is key," said Charlie Lee, creator of Litecoin and the Managing Director at Litecoin Foundation. "We are excited to be partnering with Crypto Invest Summit to plan multiple sessions devoted to educating developers about building on the Bitcoin, Litecoin and Lightning networks."
In a joint statement, Alon Goren and Josef Holm, founders of Crypto Invest Summit and early-stage investment fund GHV said, “Each track is devoted to helping us fulfill our mission of bringing blockchain technologies to the masses. As a long-time builder and advocate for the space, Charlie Lee, and the Litecoin Foundation that he created, are perfect partners to help us create educational content for our thousands of attendees.”
About Crypto Invest Summit: After two sold-out events in 2018, CIS comes back to the Los Angeles Convention Center on April 8-10, 2019. The summit brings together developers, entrepreneurs, startups, angel investors, venture capital investors, retail investors, family offices, real estate investors, startups / entrepreneurs, issuers, exchanges, broker-dealers, service providers, and members of the media. Previous headliners include: Steve Wozniak, Tim Draper, Dan Morehead, Crystal Rose, Mance Harmon, Ran Neu-Ner, Marcus Lemonis, Robert Herjavec, Ami Ben David, Bill Barhydt, Scott Walker, Adam Draper, and Apolo Ohno. More information and press passes at https://cryptoinvestsummit.io
Revolutionary Self-Service Marketing Campaign Tool Hits the Market
Can Blockchain Help Us Tackle Climate Change
Micro-Grid TrialsMicrogrids are basically localised energy generation grids which can be used to power limited areas. This technology offers a lot of promise for cutting down energy emissions contributing to climate change. The first-ever microgrid trial was tested in New York recently and it used blockchain technology to manage energy transfers. With enough innovation and efficient implementation, this method could become a better way to manage power over conventional grids.
Information ManagementA lot of the debate around climate change and its denial has been based on erroneous data collection. With blockchain, there is no opportunity to tamper with data or modify it. Since it offers tamper-proofing, the data will be presented as is. Further, this will help in monitoring CHC emissions and facilitate better decision making by providing an accurate picture. Blockchain has a lot of promise for data management in climate change. With its prompt implementation, the world can adopt a more effective evaluation and redressal model.
Accurate Fund Transfers and AllocationFund transfers made on a digital medium are definitely a more effective way of managing fund transfers. They do not involve as many climate costs as conventional channels. However, they are usually not considered very reliable. Blockchain-based transfers can provide a viable solution to this problem by offering prompt and reliable transfers. Trust is the primary factor which is required for monetary transactions to take place. Now, as blockchain technology gains wider acceptance among financial institutions and investors, its use can potentially eliminate a lot of emissions.
Humanitarian WorksDr. Philippa Ryan, a blockchain expert associated with UTS law, spoke on blockchain technology and its potential uses in front of a UN meeting. Among the many issued discussed among other speakers was the case for humanitarian aid. The loss is economic funding transfers for humanitarian works is a well-known phenomenon. Yet, measures to mitigate this loss have not been successful. Blockchain offers to outright eliminate this problem by providing ironclad proof of transfers. The digital transfer for sums will also eliminate any kind of theft. At the same time, it will guarantee fast transactions and prompt fund delivery. Once the destination is reached, the representatives can convert the sums to fiat money to deliver it to the target populace.
Is Blockchain’s Future Promising?Cryptocurrencies and to a greater extent, blockchains, have many applications in the world today. Their simple yet effective premise allows them to deliver much greater financial value and much lower costs. It is not surprising that governments around the world are exploring its potentialities. It is very likely that within a few years, blockchain deployment will become visible at a global level. Cryptocurrencies come a close second to this since they also offer great value by way of risk-free value transfer. The decentralisation of financial oversight and democratization of the marketplace certainly bodes well for the world. By all accounts, the future of these technologies is bright, to say the least.
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