Introducing TrustGrid™, the World’s First Secure Digital Ecosystem

Australia, – Today, TrustGrid Pty Ltd announced the worldwide launch of TrustGrid™, the world’s first digital trust ecosystem. With a high degree of privacy, security, and integrity, the solution facilitates technology interfaces between government entities and private organisations, providing services to suppliers, end users, customers, citizens, and constituents.

 

TrustGrid™ enables government, enterprise and organisations to create secure digital ecosystems available through a software-as-a-service (SaaS) model, anywhere in the world with sovereign control of data and maximized citizen privacy. This outcome can be delivered with unlimited scale and unprecedented speed. 

 

The growth of online cybersecurity, data and identity theft has reached epidemic proportions, and is quickly becoming the crime of the new millennium. The global fraud detection and prevention market was valued at USD 18.24 billion in 2020 and expected to reach USD 40.8 billion by 2026 with a CAGR of 18.17% over the forecast period (2021-2026).

 

Four years in the making, TrustGrid™ is powered by emerging distributed ledger technology, known as blockchain, and a unique patent-pending fabric that interoperates with legacy services and microservices relevant to various use cases within the government and private sector. TrustGrid™ has effectively orchestrated multiple state of the art technologies into a single platform.

 

TrustGrid™ combines innovative cryptography, data privacy, confidential computing, and distributed ledger technologies into a highly customizable digital ecosystem platform. This solution can be delivered with unlimited scale and with unprecedented speed.

 

Santosh Devaraj, CEO and founder of TrustGrid Pty Ltd said, “We have invested almost five years into the development of this world’s first technology that will solve a global crisis of security in data and digital identity. TrustGrid™ is bringing to market a digital ecosystem that’s empowering individuals worldwide to take back total control of their digital identity, personal data and how they are used and verified by external constituents, in both public and private entities.” 

 

“Calling upon our many years of expertise in cybersecurity, TrustGrid™ is available digitally worldwide as a SaaS model, enabling organisations to create secure digital ecosystems from anywhere in the world with sovereign control of data and maximised citizen privacy, delivered with unlimited scale and unprecedented speed.”

 

The surge in cyber and identity crimes has accelerated the need for faster, smarter, and more secure privacy and authentication digital solutions on a government, enterprise and citizen level. TrustGrid™ addresses these challenges by unleashing a high degree of privacy, security, and integrity via a distributed trust network. This simplifies the management of shared information, delivers superior confidentiality and enables government agencies to access and use critical public sector data while maintaining the privacy and security of citizens’ data.

 

TrustGrid™ use cases

·       Digital Services

TrustGrid™ covers government services such as KYC, online voting, digital license, birth/marriage/death certificates and other municipal needs. This would include asset ownership and digital educational accreditations.

 

·       Digital Supply Chain

TrustGrid™ can provide end to end security, authenticity and integrity of any supply chain. Effective assurance and management of any product can be enabled right from the origin point of manufacture. Verification and authentication of both the product and any persons involved in supply chain handling and administration can be securely enabled.

 

·       Vaccinations and Health Records

TrustGrid™ enables privacy-preserved tracking of vaccinations and health records, allowing people and organisations to reliably present health-based proofs with ultimate confidentiality.

 

Other features of TrustGrid™ include multiple Azure/AWS regions, integrate with your identity systems, library of ready-to-go use cases, mobile app templates, automated consortium creation and management ability.  Learn more about the power and promise of TrustGrid™ at: https://trustgrid.com

 

 

ENDS

 

About TrustGrid Pty Ltd

 

Santosh Devaraj is the CEO and founder of TrustGrid Pty Ltd. Drawing upon his many years of commercial and technical experience in cybersecurity, TrustGrid™ is his personal brainchild to solve the challenge of secure digital ecosystems.

 

TrustGrid™ enables governments and organisations to create secure digital ecosystems anywhere in the world with sovereign control of data and maximised citizen privacy. We can deliver this outcome with unlimited scale and unprecedented speed. TrustGrid™ orchestrates multiple state-of-the-art technologies into a single platform, combining innovative cryptography, data privacy, confidential computing and distributed ledger technology into a highly customizable digital ecosystem platform.

For more information, please visit: https://trustgrid.com