Acronis to develop applications of blockchain for data protection

FinTech | May 24, 2016 By:

Acronis announced a strategic initiative to develop applications of blockchain technology for data protection.

A separate research and development team at Acronis will focuse on delivering ‘tamper-proof’ data storage with verifiable sync and share solutions on the basis of the blockchain technology.

“When harnessed to its full potential, blockchain will bring levels of data authenticity, privacy and control to data protection that we have not seen before. By exposing real applications, people will start to understand the power and potential uses of blockchain, and we are excited and confident that Acronis solutions with help unlock its huge potential for data protection.” said Acronis co-Founder and CEO Serguei Beloussov.

Acronis is a data protection firm.