Weavechain Teams with InCountry to Secure Enterprise Big Data using Web3

San Francisco, CA, USA – WEBWIRE – Tuesday, April 19, 2022

Enterprises are looking for an edge in detecting crime, understanding what happens during a breach, and using that knowledge to prevent future attacks. Weavechain claims to be the only Web3 technology capable of applying a cryptographic guarantee of immutability to secure big data sets, done through a proprietary system in which hashes, not the data itself, are stored on blockchains to protect sensitive data from ever leaving company servers.

With cybercrime rising and malicious actors gaining sophistication, enterprises are searching for ways to strengthen security. Weavechain and InCountry have joined forces to establish immutability for security logs, utilizing Weavechain’s middleware that allows enterprises to gain the benefits of Web3 technology like tamper-proofing, without the slow speeds and unacceptable data governance associated with public blockchains.

InCountry, which provides solutions for clients across industries to run global software in accordance with local data regulations, looks forward to adding Web3 protection and data provenance to its world-class data solution.

Peter Yared, founder and CEO of InCountry, says customers are increasingly requesting access to logs to increase the analysis of their threat surface. “Once it’s easy to make security and forensic data immutable and shareable, it makes it easy for our customers to integrate exactly how their data is accessed into the next level of their defense,” Yared said.

With cybercrime projected to cost $10.5 trillion annually by 2025, enterprises are looking for an edge in detecting crime, understanding what happens during a breach, and using that knowledge to prevent future attacks. Weavechain claims to be the only Web3 technology capable of applying a cryptographic guarantee of immutability to secure big data sets, done through a proprietary system in which hashes, not the data itself, are stored on blockchains to protect sensitive data from ever leaving company servers. This is essential to a growing number of international corporations, like InCountry, tasked with an increasingly strict set of data privacy regulations to comply with.

Yared says that the appeal of Weavechain lies in its interoperability with existing systems while providing cutting-edge Web3 technology features like immutability.

Unlike other Web3 solutions that promote complete transparency, decentralization, or singular private, permissioned blockchains, Weavechain’s hashing technology allows enterprises to continue to use any database and any blockchain within a trusted network. This eliminates the need to rip and replace existing systems that are already optimized for big data, thereby saving enterprises the pain of migration and retaining the speed necessary to handle large data sets.

About Weavechain
Weavechain is a pioneer in bringing big data sets to Web3. The company helps enterprise customers utilize Web3 technology to improve data security and increase data value by making it available in Web3 markets. For more information, please visit www.weavechain.com