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Acronis , a global leader in hybrid cloud data protection, has just released a strategic initiative to develop applications of Blockchain technology for data protection and has formed a dedicated research and development team that is initially focused on delivering ‘tamper-proof’ data storage with verifiable sync and share solutions that leverage Blockchain to ensure data authenticity, privacy and control. “The potential for Blockchain reaches far beyond Bitcoin transactions with its built-in ability to deliver data protection and authenticity at costs that are dramatically lower than traditional systems,” said Vitalik Buterin, co-founder of Ethereum, a Blockchain technology provider. “By applying Blockchain technology to its solutions, Acronis is the first data protection vendor that we’ve seen embrace this innovative technology to bring new levels of data protection to digital records and transactions.” The groundbreaking Blockchain technology, which provides a record of digital events distributed across different participants or entities, has the potential to open up a broad range of new data protection use cases for businesses and organizations worldwide. “When harnessed to its full potential, Blockchain will bring levels of data authenticity, privacy and control to data protection that we have not seen before,” said Serguei Beloussov, Co-Founder and CEO at Acronis. “By exposing real applications, people will start to understand the power and potential uses of Blockchain, and we are excited and confident that Acronis solutions with help unlock its huge potential for data protection.” Blockchain Promises Huge Potential for Data Protection
Today’s digital world contains a huge number of assets whose originality and ownership are difficult and costly to define and track. Blockchain can solve this problem by providing global authenticity and security for data and transactions of any kind, reducing the cost and complexity of centralized systems, while making data ‘tamper-proof’. With Blockchain, data and transactions […]
