Company to offer access to its highly secure private blockchain data storage to individuals and small businesses
PALM BAY, FL / ACCESSWIRE / February 18, 2022 / Sollensys Corp (OTC:SOLS), one of the first major cybersecurity companies built on blockchain technology, today announced the activation of its new data security product developed for consumers and professionals alike, built on Sollensys' private blockchain called SollensiumTM. In a world where hackers run rampant online without consequence, disrupting corporations and individuals alike, Sollensys' goal is to provide an easy-to-use and low cost blockchain security platform for public use.
What is blockchain? See the video here:
https://vimeo.com/674672136/517a1d1adb
Large corporations, with a need for deep data security and with significant resources, have been utilizing state-of-the-art blockchain technology to secure their most valuable digital assets. The use of this ultra-secure method is costly and requires specialized high-performance equipment and significant computing power. However, many smaller businesses and individuals cannot afford to deploy blockchain to safeguard their own data, leaving them the less desirable option of uploading their data to far less secure cloud-based solutions. This disparity, created by costs and access to computational horsepower, affords unlimited and immutable data security to a select few large corporate giants and government agencies, while no such general purpose, easy-to-access solutions exists for the masses.
"The mission of our company has always been to democratize blockchain security. In many cases, cybercriminals are looking to create chaos and uncertainty by hijacking what's important to you or your profession, whether it's something you cannot recreate like a video of a baby's first steps or something difficult to replace like customer contact files," said Don Beavers, CEO of Sollensys Corp. "We built a blockchain tool that offers an easy to use drag and drop user interface that works with every browser and every file type. Sollensys is dedicated to bringing the typically expensive, high-end blockchain data solution to individual customers in an affordable and efficient manner. There is no reason that consumers cannot have the same access and security as the Fortune 500. Today we are excited to introduce our new Sollensium portal which will bring the impenetrable vault of blockchain security to our customers in the very same way, with the same speed, and the same level of accessibility that previously has been only used by a select few with deep pockets."
"Hackers, malware, and ransomware threats don't sleep, take the weekend off, or ever take a break. Although many of these attacks are directed at individuals in the workplace, these nefarious threats can follow you home, follow you on vacation, and penetrate your network of family and friends through an array of digital pathways with extreme speed and uncompromising relentlessness. Leaving work does not mean leaving ransomware behind. It can follow you through work files and even your cell phone," Mr. Beavers continued. "Storing your treasured digital information on free storage on the cloud merely means that your own data is now a product that may be mined by the hosting company. Only an immutable and uncompromising blockchain solution can truly afford digital security. The Sollensium Portal enables our users to drag and drop their way to total cybersecurity." In addition to theft of data, cyber criminals are also actively stealing ideas, creative content, songs, lyrics, and digital art. Without a secure digital vault, creative artists, entrepreneurs, and innovators are under a constant threat of having their intellectual property stolen. The Sollensium Portal provides a unique, reliable, and efficient means to protect your most valuable possessions – your ideas and creative content.
The Sollensium Portal is now available at sollensium.com. With Sollensium, you can store all file types, even video – a first for blockchain technology, and securely recall a perfect copy of your unviewed, uncorrupted, and unchanged data from any browser; consider this your digital safety deposit box. Protect what you need and what you love – archive your life and your profession with Sollensys and the Sollensium portal.
ABOUT SOLLENSYS CORP
Sollensys Corp is a math, science, technology, and engineering solutions company offering products that ensure its clients' data integrity through collection, storage, and transmission. Our innovative flagship product is the Blockchain Archive Server, a turn-key, off-the-shelf, blockchain solution that works with virtually any hardware and software combinations currently used in commerce, without the need to replace or eliminate any part of the client's data security that is being utilized. The Company recently introduced its second product offering-the Regional Service Center-which offers small businesses the same state of the art technology previously available only to large or very well-funded companies.
The Blockchain Archive Server encrypts, fragments, and distributes data across thousands of secure nodes every day, which makes it virtually impossible for hackers to compromise. Using blockchain technology, the Blockchain Archive Server maintains a redundant, secure and immutable backup of data. Redundant backups and the blockchain work together to assure not only the physical security of the database but also the integrity of the information held within.
The Blockchain Archive Server protects client data from "ransomware"-malicious software that infects your computer and displays messages demanding a fee to be paid for your system to work again. Blockchain technology is a leading-edge tool for data security, providing an added layer of security against data loss due to all types of software specifically designed to disrupt, damage, or gain unauthorized access to a computer system (i.e., malware).
Uniquely, the Blockchain Archive Server is a turn-key solution that can stand alone or seamlessly integrate into an existing data infrastructure to quickly recover from a cyber-attack. The Blockchain Archive Server is a server that comes pre-loaded with the blockchain-powered cybersecurity software, which can be delivered, installed, and integrated into a client's computer systems with ease.
For more information, please visit: https://www.sollensys.com and http://www.sollensium.com
Forward-Looking Statements: Certain information in this press release contains forward-looking statements. All statements other than statements of historical facts included herein are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company's filings with the Securities and Exchange Commission (the "SEC"). You should carefully consider these factors, risks and uncertainties described in, and other information contained in, the reports we file with or furnish to the SEC before making any investment decision with respect to our securities. Readers should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company is under no obligation (and expressly disclaim any such obligation) to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Investor Relations:
Sollensys Corp
866.438.7657
www.sollensys.com
info@sollensys.com
https://business.facebook.com/Sollensys/
https://www.linkedin.com/company/sollensys-corp/
SOURCE: Sollensys Corp
View source version on accesswire.com:
https://www.accesswire.com/689502/Sollensys-Announces-Launch-of-SollensiumTM-Direct-to-Consumer-Blockchain-Portal
We’re more than 6 weeks into 2022, and the market uncertainty that characterized January has, if anything, deepened. The sharp drops have turned instead to higher volatility, giving a chart of February’s trading a sawtooth look. The volatility comes as a series of headwinds continue to impact trading sentiment. Stealing the headlines is the Russia-Ukraine situation. Foreign policy pundits are openly speculating on the prospect of war, in the event that Russia invades its neighbor and the US obje
Cathie Wood’s flagship ARK Innovation ETF fund is down 30% year to date, and the Twitter consensus shows the CNBC interview didn’t inspire much confidence.
Cathie Wood, the star fund manager and chief executive of ARK Invest, took to CNBC on Thursday to defend ARK's woeful performance over the past year.
(Bloomberg) — The Nasdaq Composite Index tumbled into an ominous “death cross” technical formation Friday for the first time since April 2020, when the pandemic battered the global economy and U.S. equity markets swooned.Most Read from BloombergRussian Media Reports Fire at Gas Pipeline: Ukraine UpdateMorgan Stanley Relationships on Wall Street Snared in ProbeLavrov Agrees to Meet Blinken, U.S. Says: Ukraine UpdateIndia Protests Against Singapore PM’s Comments on LawmakersThe Housing Boom’s Mor
Uncertainty and the impending Fed rate hikes clobbered shares again this past week. Time to buy the dip? Or stay on the sidelines?
Yahoo Finance Live anchors discuss three stocks making moves on Friday: DraftKings, Alibaba, and Roku.
Shares of Palantir Technologies (NYSE: PLTR) fell 15.8% on Thursday after the data-analytics company posted a larger-than-expected net loss in the fourth quarter. Palantir's revenue jumped 34% year over year to $433 million, driven by new customer additions and higher sales to existing clients. Its rapidly expanding commercial division saw sales surge 47%, including a 132% increase in the U.S. The segment accounted for roughly 42% of Palantir's total revenue in 2021.
Buffett has always loved dividend stocks, and that is clearly reflected in Berkshire Hathaway's equities portfolio.
In this article, we discuss the 10 most shorted stocks right now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Most Shorted Stocks Right Now. The beginning of 2021 had pitted retail investors against hedge funds in a short squeeze saga involving video game firm GameStop and […]
Investors shouldn't 'bottom-fish' purely based on how low a stock has tanked, says one veteran strategist.
The president of Chinese electric vehicle (EV) maker Nio (NYSE: NIO) spoke at a media event this week, giving investors some news about the company's growth plans. As of 2:12 p.m. ET, Nio's American depositary shares were trading down 2.6%. Yesterday, Barron's shared that analyst Soobin Park with Asian investment group CLSA cut her price target on the stock from $60 to $35 but left her rating as a buy.
Yahoo Finance's Julie Hyman and Brian Sozzi break down Roku's latest earnings results.
Here's the best way to play the pop in gold prices.
Since crashing hard after earnings last month, Intel (NASDAQ: INTC) spent much of the last three weeks clawing its way back higher — and even approached its pre-earnings share price last week. All that hard work was undone in a day, however — today, to be precise — when Intel unveiled its "2022 and long-term growth strategy" last night. In its presentation, Intel described how, over the long term, it intends to rebuild its business, first reaccelerating sales growth into the "mid-to-high-single digits" range in 2023 and 2024, then stepping even harder on the gas pedal, and racing ahead to 10% to 12% annual revenue growth by 2026.
(Bloomberg) — The Texas wildcatters that ushered in America’s shale revolution are resisting the temptation to pump more oil as the market rallies, signaling higher gasoline prices for consumers already battered by the worst inflation in a generation. Most Read from BloombergRussian Media Reports Fire at Gas Pipeline: Ukraine UpdateMorgan Stanley Relationships on Wall Street Snared in ProbeLavrov Agrees to Meet Blinken, U.S. Says: Ukraine UpdateIndia Protests Against Singapore PM’s Comments on
The Dow Jones retreated as tensions over Ukraine spiked. Tesla stock fell amid comments by CEO Elon Musk. Nvidia stock plunged.
What happened Shares in industrial giant General Electric (NYSE: GE) fell by almost 6% midday as investors digested a management update on trading conditions in the first quarter. In the update, management noted continued supply chain pressure across three of its four segments, namely healthcare, aviation, and renewable energy.
How will the stock market respond to a 0.5% interest rate hike? This is how the market has performed during past rate hikes.
The Dow Jones retreated as fears rose a Russia invasion of Ukraine may be imminent. Roku stock collapsed on earnings while GE stock fell.
Ford is considering separating its electric vehicle business from its legacy operations, Bloomberg reported Friday.