ALTR Emerges from Stealth to Release Blockchain Security Platform

ALTR is emerging from nearly four years of stealth to release a platform that unleashes the security benefits of blockchain.

The new ALTR platform is built on ALTRchain, the only high-performance, enterprise-grade blockchain technology for ultra-secure data access and storage.

Virtually impenetrable to attack, the ALTR platform is a data-security solution for organizations to monitor, access and store critical information.

The company also revealed that it has raised $15 million in funding from institutional and private sources in the cybersecurity, IT, and financial-services industries, including participation by angel John Stafford III, current CEO of Ronin Capital.

The funds will be used to extend the reach of the ALTR platform into the enterprise and bring additional ALTRchain-based products and solutions to market.

“We have a choice between change or breach,” said David Sikora, CEO. “Network-focused security isn’t enough because it never really puts a dent in the sheer number of vulnerabilities. Rather than patching the existing attack surface, ALTR has found a way to significantly reduce it. In fact, with ALTR’s full solution in place, the threat vectors for data move to nearly zero. Digital trust can finally be restored.”

The mission to engineer a new security architecture is what led ALTR to blockchain, and not the other way around.

While no technology is as security-hardened as blockchain, its original application to cryptocurrencies does not require the flexibility, privacy and performance needed to secure criticalcorporate information.

Leveraging ALTRchain as a foundation, the ALTR platform applies blockchain’s virtually inviolable structureto data security.

It is designed to eliminate threats to data through core approaches in private blockchain, in-line data techniques, real-time alerting and reporting for business enablement.

The ALTR platform is comprised of ALTR Monitor, ALTR Govern and ALTR Protect. It seamlessly integrates into computing networks without any changes to existing hardware or software infrastructure with support for all major database platforms including Microsoft, Oracle and open-source stacks.

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