Tel Aviv, Israel-based Canonic Security has emerged from stealth with $6 million seed funding from investors including First Round Capital, Elron Ventures, SV Angel and Operator Partners. The company provides a third-party app governance platform powered by an app sandbox.

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CAMPBELL, Calif.–(BUSINESS WIRE)–Please replace the release dated January 4, 2022 with the following corrected version due to multiple revisions. The updated release reads: WEKA Increases Funding to $140 Million to Accelerate AI Data Platform Adoption in the Enterprise WEKA, the data platform for AI, today announced that Hitachi Ventures led its recent round raising $73 […]

The post CORRECTING and REPLACING WEKA Increases Funding to $140 Million to Accelerate AI Data Platform Adoption in the Enterprise appeared first on Fintech News.

The advent of viable quantum computers will threaten today’s encryption standards, which are the basis of Internet security. Cryptographic agility is the key to post-quantum computing security, although implementing it will be a formidable challenge.

What does 2022 hold for the data storage industry? Signs of what is to come have been emerging. The following are five predictions about the data storage market, grounded in understanding the direction where the market is going. They involve AI, cyber resilience, supercharged application, workload performance and availability, and reduction of OPEX and CAPEX.  […]

The post 5 Data Storage Trends to Expect in 2022 appeared first on DATAVERSITY.

On-demand cyber risk quantification platform enables C-suite to prioritize and justify cybersecurity investments through financial quantification.

"In a gold rush, sell the shovel" - that is precisely what this Singapore- based blockchain startup is doing to catch the attention of investors around the world.

SUBX FINANCE LAB ($SFX) is a blockchain-as-a-service provider for businesses to integrate web3 technologies into their products and services. The firm provides businesses with the tools to innovate with blockchain, metaverse and decentralised finance technology.The global blockchain market size is expected to grow from USD 3 billion in 2020 to USD 39 billion by 2025. 60% of CIOs across sectors are on the verge of integrating blockchain into their infrastructure.

Founded by tech consultants Adam Ihsan and Joe Kawai, the firm has the vision to drive the effective adoption of blockchain technology in a fast and cost-effective manner. Their products are easy-to-deploy and can be integrated into existing products and processes, allowing businesses of all sectors to leverage this new technology.

Last November, the firm listed an initial exchange offering and was over- subscribed - filling their hard cap of USD 1.2 million in mere minutes. They have put together a 15-person team within a month, hiring the brightest minds from management consulting and big tech.

Blockchain development is capital intensive, and not all businesses have the resources and means to explore this  powerful   technology.  The  firm remedies this painful problem by offering products that businesses can obtain at significantly lower costs. This business model has been termed "blockchain-as-a-service" by industry professionals.

The firm has launched two products and is on schedule to release ten more in the coming months. Their products include a no-code NFT minting solution and a no-code platform for businesses to create their custom blockchain token. More information about their products can be found on their whitepaper at https://subx.finance/wp.

These products are also compatible with the most popular blockchain networks. This includes the Ethereum network, Binance Smart Chain, Polygon Network, and the new Cronos Chain operated by Crypto.com. The firm is also releasing a white-label platform where businesses and individuals can resell products under their own brand.

The firm has its native token, $SFX, which businesses can purchase to access its products. Individuals can also purchase and stake the tokens, receiving 80% APY in rewards. $SFX can be purchased on Pancakeswap and the Probit Global Exchange - and soon with VISA and MASTERCARD.

According to an interview conducted with the CEO, he mentioned that the firm would focus on forming high-profile partnerships with enterprises around the globe. They will also tighten the integration of their products, ensuring that $SFX plays a central role in their ecosystem - with the intention to super-scale the price action of $SFX.

If you are interested in innovating with blockchain technology or are an investor/advisor looking to reach out to the team, please get in touch with Adam (CEO) or ZeMin (CMO) in the emails provided below.

Follow their Telegram, Discord, Twitter, Instagram, Facebook, and their official website and whitepaper for more updates.

Media Contact:

Company: SUBX PTE LTD

Contact: Adam Ihsan / ZeMin Chen

Email: [email protected] / [email protected]

Website: https://subx.finance