Reno, NV – September 27, 2017 – BlackRidge Technology International, Inc. (OTCQB: BRTI), a leading provider of next generation cyber defense solutions, has formed a new business subsidiary called BlackRidge Secure Blockchain to pursue new market opportunities for securing blockchain applications.
The BlackRidge Secure Blockchain subsidiary intends to develop and market a next generation security solution for blockchains to address vulnerabilities that are being exploited. A provisioned blockchain for commercial and cryptocurrency markets can be attacked and compromised, not unlike the recent website hacks that resulted in customer records being stolen.
BlackRidge’s patented First Packet Authentication™ technology can cloak and protect communications between clients/miners, eliminating exposure of transactions and blocks to network attacks, and similarly protect communications between miners to reduce the time to achieve consensus. A user of a provisioned blockchain protected by BlackRidge will know that the blocks on the chain are immutable and that the communication paths between the participating nodes are secure.
“Given the increasing number of blockchain breaches in the past year, an additional layer of network protection is needed for provisioned blockchains,” said John Hayes, CTO and cofounder of BlackRidge Technology. “Our identity-based cyber defense technology can protect blockchain communications and nodes from network scanning, spoofing attacks, and distributed denial of service attacks.”
About BlackRidge Technology
BlackRidge Technology (OTCQB: BRTI) provides next generation cyber defense solutions that stop cyber-attacks and block unauthenticated access. BlackRidge’s patented First Packet Authentication™ technology was developed for the military to cloak and protect servers and segment networks. BlackRidge Transport Access Control authenticates user and device identity and enforces security policy on the first packet of network sessions. This new level of real-time protection blocks or redirects unidentified and unauthorized traffic to stop attacks and unauthorized access, isolates systems and segments networks, and provides identity attribution. BlackRidge was founded in 2010 to commercialize its military grade and patented network security technology. For more information, visit www.blackridge.us.
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