INSUBCONTINENT EXCLUSIVE:
Xage, a startup that has been taking an unusual path to secure legacy companies like oil and gas and utilities with help from the
blockchain, announced a new data protection service today.Xage CEO Duncan Greatwood, says that up until this point, the company has
from competitors is the ability to have that protection up and down the stack
complex data sharing scenarios, using the blockchain as the trust mechanism
Imagine a supply chain scenario in which the parties are sharing data, but each participant only needs to see the piece of data they need to
complete their part of the transaction and no more
this kind of security outsource approach we bring to authenticity, integrity and confidentiality, and then using the fabric to replicate all
said.This approach enables customers to have confidence in the providence and integrity of the data they are seeing
allows them to share very flexibly with the rest of the participants in the ecosystem, and to have confidence in that data, up to and
It has been in testing with three beta customers, which included an oil and gas customer, a utility and a smart city scenario.Xage was
founded in 2016 and has raised just over $16 million, according to PitchBook data.
