Fortress Blockchain Technologies and Google Cloud provide private data storage for NFTs

Fortress Blockchain Technologies has launched The Fortress Vault, a new non-fungible token (NFT) database solution built on Google Cloud’s open, secure, scalable and sustainable cloud infrastructure.

Fortress Vault helps companies across industry verticals protect their tokenized intellectual property (IP) and assets by storing their content privately with the accessibility, privacy, portability and provenance that blockchain enables.

In a world that already operates digitally, documents can now be encrypted, stored, tracked, referenced and accessed with clear provenance, established ownership and authenticity records that do not risk human error, mistaken identity or reveal private data.

Vault is an innovator in its ability to maintain the integrity of non-public data accessed through NFTs in industries such as music, event ticketing, gaming, finance, transportation, real estate and healthcare.

“NFTs are not just expensive jpegs,” says Kevin Lehtiniitty, co-founder and CTO of Fortress.

“NFTs are a technology that allows us to access unique or non-fungible data via a distributed ledger to prove the authenticity and establish the provenance of the asset. If you can connect the token to data that is available exclusively to the token holder – and only to the token holder – NFTs become a digital key to unlock everything from music to event tickets to real estate documents to health records to housing documents, in fact to everything in the world that is digital,” Lehtiniitty continued.

Before Vault, content on the blockchain was either publicly visible or had to be hosted in unmonitored databases on distributed computers around the world. This excluded valuable or sensitive content and intellectual property from digital assets such as NFTs.

With Vault, enterprise customers can now privately store tokenized IP with a cloud-based, secure and unified solution.

“NFTs and the blockchain will fundamentally transform every industry in our society,” adds Lehtiniitty. “By building Fortress Vault on Google Cloud’s secure infrastructure, we are creating an important path for Fortune 500 brands, government organizations, celebrities and everyone else to build innovative new products and services on blockchain technology with privacy and compliance standards in place.”

“We look forward to partnering with Fortress Blockchain Technologies and providing secure cloud infrastructure to help enable the new Vault platform,” said Carlos Arena, Director of Digital Assets, Google Cloud.

“Our collaboration reinforces our larger mission to help enable the Web3 ecosystem with scalable technology and solutions that help establish community trust,” Arena continued.

Prior to the launch of Vault, Fortress had already begun to eliminate barriers with simple, streamlined APIs that drive companies at any stage of Web3 adoption to rapidly launch and scale with built-in wallets for NFTs and fungible reward tokens; mint NFTs; and integrate essential financial services backed by a secure, regulated financial institution, Fortress Trust.

Vault is overseen by the Fortress Trust, which ensures its privacy and compliance standards as a regulated entity.