Murrieta, California, April 20, 2023 – IREX, a US-based supplier of video-based cloud services to empower smart governments with an Ethical AI and Big Data platform is proud to announce its collaboration with Byevolution, the Spanish inventor of the Neural Distributed Ledgers® (NDL) technology for the Internet of Value that protects, certifies, and traces private data and digital content through a global network of partners.
“The partnership with Byevolution helps IREX to fulfill its mission of leveraging high-risk AI and Big Data technologies for the benefit of democratic societies. Byevolution's NDL platform ensures secure sharing and long-term retention of critical data, such as evidence media and auditable logs. We are excited about this collaboration and the opportunities it presents for our customers and partners.” said Nik Ptitsyn, Co-Founder and CTO of IREX.
Byevolution’s nominal digital asset custody solution addresses the challenges of privacy, authenticity, and monetization in the age of AI and Web 3.0. The NDL platform developed by Byevolution ensures that the data stored are genuine and have been created by the user. In addition to guaranteeing the authenticity and originality of the private digital content for IREX, the Byevolution NDL security layers also prioritize cybersecurity, especially for the custody and audit of archived images and videos in public safety and security applications. Byevolution overcomes the limitations of public ledgers (DLT) and ensures security, scalability, robustness, sustainability, low power consumption, low latency, and full compliance with data privacy protection laws. Byevolution’s unique NDL technology and IP allow IREX to build cost-effective private data cloud repositories using an efficient development architecture that puts an end to spam, phishing, ransomware, and other cyberattacks.
“With the growing concern for the protection of personal data and the integrity of digital assets, the NDL security layers developed by Byevolution have advanced security features to protect, certify and trace end-to-end the information custodied on the platform. These features include state-of-the-art encryption and robust biometric authentication protocols that ensure the confidentiality and privacy of users, thus allowing safe and reliable management of their private date and digital assets. At Byevolution we are thrilled about our partnership with IREX and what the future holds for our customers and partners.” said Ramon Cano, CEO, Byevolution.
IREX is a global ethical AI company based in the United States. IREX has developed a sophisticated ecosystem of video-based cloud services, empowering public safety agencies, local governments, campus security teams, transportation authorities with its ethical AI and Big Data. With numerous built-in AI modules, IREX equips cities and agencies to address a wide range of challenges, including mass shootings, sex offenses, theft, missing persons, and many other crimes. Through its partnership with the National Child Protection Task Force, IREX also works to combat human and child trafficking and locate missing children.
Byevolution invented and developed the Neural Distributed Ledgers (NDL)® technology for the Internet of Value and Web 3.0 to allow private data platforms to be built using a cost-effective, decentralized, efficient and sustainable development architecture that puts an end to major Internet threats as spam, fishing ransomware, and other cyberattacks. Byevolution’s NDL ARCA and NDL ARCANET overcome the limitations of public ledgers (DLT) and place proprietary user data at the very core of private data platforms. To learn more, view the website at www.byevolution.com or contact at email@example.com