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Fortress Blockchain Technologies has launched The Fortress Vault, a brand new non-fungible token (NFT) database resolution constructed on Google Cloud‘s open, safe, scalable, and sustainable cloud infrastructure.
The Fortress Vault helps corporations throughout business verticals shield their tokenized mental property (IP) and belongings by privately storing the content material with the accessibility, privateness, portability, and provenance that blockchain allows.
In a world that already features digitally, paperwork can now be encrypted, saved, tracked, referenced, and accessed with clear provenance, established possession, and data of authenticity that don’t threat human error, mistaken identification, or expose non-public knowledge.
Vault is an innovator in its potential to take care of the integrity of personal knowledge accessible via NFTs in industries like music, occasion ticketing, gaming, finance, transportation, actual property, and healthcare.
“NFTs aren’t simply costly jpegs,” says Kevin Lehtiniitty, co-founder and CTO of Fortress.
“NFTs are a know-how that enable us to entry distinctive or non-fungible knowledge through a distributed ledger to show the authenticity and set up the provenance of the asset. For those who can pair the token to knowledge that’s accessible completely by the token holder — and solely to the token holder — then NFTs develop into a digital key to unlock every little thing from music to occasion tickets to actual property deeds to healthcare data to property paperwork, basically to every little thing on the earth that’s digital.”, Lehtiniitty continued.
Previous to Vault, content material on the blockchain was both publicly viewable or needed to be hosted on unsupervised databases on distributed computer systems all over the world. This excluded useful or delicate content material and mental property from digital belongings like NFTs.
With Vault, enterprise clients can now privately retailer tokenized IP with a cloud-based, safe, and unified resolution.
“NFTs and the blockchain will essentially remodel each business in our society,” provides Lehtiniitty. “By constructing the Fortress Vault on Google Cloud’s safe infrastructure, we’re creating a significant path for Fortune 500 manufacturers, governmental organizations, celebrities, and everybody else to construct modern new services and products on blockchain know-how with privateness and compliance requirements in place.”
“We look ahead to teaming up with Fortress Blockchain Applied sciences and offering safe cloud infrastructure to assist allow its new Vault platform, ” mentioned Carlos Arena, director, Digital Property, Google Cloud.
“Our work collectively reinforces our larger mission to assist allow the Web3 ecosystem with scalable know-how and options that assist set up belief locally.”, Area continued.
Previous to launching Vault, Fortress had already begun eliminating boundaries with easy, streamlined APIs that energy companies at any stage of Web3 adoption to shortly launch and scale with embeddable wallets for NFTs and fungible rewards tokens; mint NFTs; and combine key monetary providers backed by a safe, regulated monetary establishment, Fortress Belief.
Vault is overseen by Fortress Belief, which ensures its privateness and compliance requirements as a regulated entity.
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