Alt Blockchain granted basic patent for EB control
The patent exemplifies the company’s continued commitment to innovation and validates technological advances
Jacksonville, Fla., Feb. 13, 2023 (GLOBE NEWSWIRE) — Jacksonville, Florida – xx. February 2023 – Everything Blockchain Inc., (OTCMKTS: EBZT), a technology company blending blockchain, DBMS and Zero Trust to deliver disruptive new ways to store, manage and protect data, announced today that it has been granted US Patent 11,570,155 B2 , “Enhanced Secure Encryption and Decryption System,” by the United States Patent and Trademark Office (USPTO.) The patent validates the transient symmetric key technology (TSKT), fundamental to the EB Control application, and protects data on the owner’s local device by creating a secure vault that can be stored, transported or shared. With this technology, the owner maintains full control for the life of the data.
Today, reports of data breaches and compromise of sensitive user information have become commonplace. Despite their preventative workload, the burden of key management ultimately falls on the shoulders of IT and security teams. By generating unique keys that only exist at the time encryption takes place, EB Control has eliminated key management for users. By automating this responsibility, EB Control helps organizations avoid the huge hurdle of managing keys at scale.
“The company has filed patent applications for seven patent families in the United States and 18 international applications,” said Brandon Hart, Chief Technology Officer, EBI. “While these patents are related to our zero-trust data access, protection software and blockchain technology, we are also in the process of filing several additional patents that will protect EBI’s intellectual property.”
“We are committed to providing our customers with the most innovative solutions on the market,” said Toney Jennings, CEO, EBI. “This published patent further exemplifies this mindset as we continue to provide accessible and powerful data protection solutions for our customers.”
For more information on EB Control, please click here. For more information on EBI, visit everythingblockchain.io
About Everything Blockchain Inc.
Everything Blockchain, Inc. (OTCMKTS: EBZT) envisions a future where every transaction is trusted and blockchain is used to meet ESG goals, support the cities of the future, build and control the transparency of supply chains, and ensure that data ownership rights are maintained forever. The company’s patent-pending advances in blockchain technology deliver the essential elements needed for real-world business use: speed, security and energy efficiency. Current sub-brands include: EB Advise, EB Build and EB Control. For more information, please visit https://www.everythingblockchain.io/
About Vengar Technologies LLC
Vengar Technologies, LLC, an Everything Blockchain Inc. company, is a pioneer in bringing zero-trust concepts to data security. The company’s solution, EB Control, combines military-grade encryption, multi-factor authentication, geofencing, time-fencing and data rights management (DRM) technologies to give users perpetual control over their data, whether stored or shared. EB Control’s intuitive, simple platform empowers users to take back control of data security. Forever. For more information, please visit: https://www.ebcontrol.io/
Forward-looking statements
This press release contains “forward-looking statements” that are not purely historical and may include statements of beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend, “believe”, “estimate”, “expect”, “project”. ”, “plan” or similar phrases may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ from those projected in any forward-looking statements due to a number of factors. Such factors include, but are not limited to, the inherent uncertainty associated with new projects, the future of the US and global economies, the impact of competition and the Company’s reliance on existing regulations regarding the use and development of blockchain and zero-trust products. These forward-looking statements are made as of the date of this press release, and we undertake no obligation to update the forward-looking statements, or to update the reasons why actual results may differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, no assurance can be given that such beliefs, plans, expectations or intentions will prove to be accurate.
CONTACT: Lars Nyman Everything Blockchain Inc. [email protected]
