ITM to Showcase Zero-Cost Ethereum Blockchain Notary Service (BNS) at TTA Pavilion at the World’s Biggest Tech Event – Lopoid Crypto News

ITM to Showcase Zero-Cost Ethereum Blockchain Notary Service (BNS) at TTA Pavilion at the World’s Biggest Tech Event – Lopoid Crypto News #ITM #Showcase #ZeroCost #Ethereum #Blockchain #Notary #Service #BNS #TTA #Pavilion #Worlds #Biggest #Tech #Event #Lopoid Crypto News Welcome to Lopoid

TAIPEI, July 28, 2022 /PRNewswire/ — Award-winning Taiwan blockchain options supplier International Trust Machines Corporation (ITM) introduced that it’ll current Blockchain Notary Service (BNS) at the CES 2022. The expertise has been adopted by Taiwan’s Ministry of Justice as a part of the newest initiative launched by the authorities to combine blockchain expertise with its authorized sector. The start-up shall be showcasing its expertise at the Taiwan Tech Arena (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 fame of ITM which has remodeled its enterprise focus from blockchain software program improvement package (SDK) to Platform-as-a-Service. With the launch of ITM Blockchain Notary Service (BNS), the firm has additionally addressed knowledge belief points which have been plaguing all kinds of industries.

Blockchain is a superb resolution for knowledge validation and safety, however the scalability drawback of the expertise presents a problem for corporations wishing to use blockchain to document their huge quantity of knowledge from IoT units cost-effectively. With its ground-breaking expertise, ITM goals to assist enterprises break via the bottleneck and permit them to benefit from blockchain for IoT functions by focusing on three widespread issues – scalability, privateness and value.

“Linking SDK to corporate systems is a very complicated process for most companies as it requires experienced blockchain engineers to complete the system integration. In the past, companies had to encrypt data, build a blockchain system and upload data on their own, which proved to be expensive and time-consuming. By using our BNS, companies are now able to shrink an enormous amount of data into a short string of digits, a 32-byte ledger fingerprint can seal one million transactions with the ability for quick auditing of selected data. It is an easy-to-use one-stop service requiring no efforts from companies,” stated Julian Chen, Co-Founder and CEO of ITM.

ITM BNS leveraged its cutting-edge expertise to present corporations with the simplest way to join their functions or knowledge to Ethereum at zero price, permitting them to obtain higher effectivity and belief. It can also be the first-ever platform to uplink million-scale transactions totally free onto Public Blockchain Ethereum. It is feasible thanks to the firm’s cryptographic safety algorithm that transforms into Restful API beneath an unique safety protocol to enable for streamlined connection between the firm’s knowledge and public blockchain, reaching larger ranges of safety and TPS with low price and IoT uplinks.

ITM BNS additionally permits corporations to give attention to constructing their system whereas simply establishing reliable transaction historical past, time stamp, system ID, and different associated data, facilitating clean 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 International Trust Machines Corporation (ITM)

Founded in January 2019 in Taiwan, International Trust Machines Corporation (ITM) gives 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 modern blockchain options. Its shoppers and strategic companions embrace Qualcomm, Microsoft, MediaTek, Acer, Kneron, and others.

The blockchain options supplier has claimed the 1st runner-up honors at the Qualcomm Innovate in Taiwan Challenge 2019 (QITC 2019), it was additionally amongst the 80 startups chosen by the Taiwan Tech Arena to exhibit modern merchandise at the TTA Taiwan Tech Pavilion at CES 2020. ITM acquired 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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