VMware, Ant Financial and RGAX Partner with QEDIT Blockchain Company for Enhanced Data Privacy
QEDIT, an Israeli blockchain security company has partnered with VMware, Ant Financial and RGAX.
QEDIT is known for its zero-knowledge proof and for creating an enterprise solution that can help banks ensure confidentiality during asset transfers on a decentralized network.
The platform is currently growing its products by working with a number of enterprises in areas such as cloud computing, insurance, and fintech. David Tennenhouse, a chief research officer at VMware stated in an article in Forbes,
“VMware's work with QEDIT represents an exciting moment for VMware Blockchain, our enterprise blockchain platform. QEDIT’s privacy solution augments VMware Blockchain's consensus engine, by providing advanced technologies required to enable trusted information-sharing across organizational boundaries, while aiming to uphold the highest privacy and security standards for our customer base.”
Also therein, Jonathan Rouach, the COE and co-founder of QEDIT, stated that his platform and VMWare are working to integrate WEDIT’s solution into VMware’s blockchain. He also shared therein:
“Today marks a major step in fulfilling our vision to enable secure collaboration between companies using sensitive data. Working with VMware, Ant Financial and RGAX will help us showcase the value that Zero-Knowledge Proof cryptography can offer on an enterprise level, across different industry verticals.”
The platform’s zero knowledge blockchain protocol works to promote trust among companies that are looking to collaborate on data that cannot be shared. Rouach, Aviv Zohar, and Ruben Arnold founded QEDIT. Rouch shared in an article with Crowd Fund Insider:
“Working with VMware, Ant Financial and RGAX will help us showcase the value that Zero-Knowledge Proof cryptography can offer on an enterprise level, across different industry verticals.”
Overall, it seems that Rouach’s main goal is to promote fuel enterprise blockchain adoption on a global scale. He also shared in the Crowd Fund Insider article:
“Our partners share our vision for blockchain innovation to deliver higher levels of privacy and security. As such, these partnerships are a natural fit for QEDIT’s privacy solution for enterprise blockchain.”