CANBERRA, Australia, June 12, 2021 (GLOBE NEWSWIRE) — ZEXPRWIRE, Congruent Labs, an Australian-based cybersecurity and identification administration firm, is working to disrupt the outdated cybersecurity business by making their sought-after companies accessible and reasonably priced in the present day.
In an effort to revolutionize a crucial service that helps hundreds of thousands of companies within the face of breaches, hacks, and data theft, Congruent Labs is leveraging the decentralized software know-how on blockchains to make affordability a actuality.
“We’re constructing the way forward for cybersecurity, identification, and privateness, all bundled into one,” mentioned Timothy Quinn, Co-Founder and Managing Director of Congruent Labs. “Again in 2017, our workforce was bored with seeing the excessive prices and complexities within the cybersecurity business, which made it nearly unimaginable for any particular person or enterprise to simply safe themselves. We needed to make on-line safety reasonably priced and accessible – so we did.”
Two months in the past, Congruent Labs launched Signata ($SATA), a cryptocurrency venture designed to wrestle again management of private on-line data that has been seized by huge tech firms. By growing the Identification Guard & Anonymity Framework (IdGAF) together with the discharge of the token, Congruent Labs is behind a decentralized, jurisdiction-free, and privacy-preserving resolution to on-line identities.
“This cutting-edge know-how on this planet of safety will guarantee we will present a zero-trust fee, authentication, and authorization so on-line platforms can cut back the price of compliance and funds administration,” mentioned Quinn. “These methods will function utilizing widespread requirements by a collection of good contracts and public off-chain methods.”
Congruent Labs just lately introduced they’ll combine Signata with Chainlink Oracles to energy its on-chain identification administration system. The mixing will construct the required linkage between blockchain identification administration methods and the off-chain identification of threat for real-world use instances.
Congruent Labs can be engaged on further tasks with the SATA Token, together with Signata Crypto, and Signata MFA. They plan to repeatedly launch further instruments, tokens, and companies that may change the cyber safety business endlessly.
For extra data, go to: https://congruentlabs.co/.
For extra data relating to the Chainlink Oracles Integration, go to: https://blog.congruentlabs.co/signata-will-leverage-chainlink-oracles-to-power-its-on-chain-identity-management-system/.
For extra data relating to the SATA Token, go to: https://sata.technology/.
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