Melbourne Blockchain cyber technology company ProvenDB has been recognised by Austrade as one of just 50 Australian companies to be included in the latest Australian Defence Cyber Industry Capability report, released this month by Austrade, the Federal Government’s trade and export agency.
The report identifies Australian cyber organisations that have the skills, technology and expertise to support the global defence market, according to key indicators measured against a complex Austrade matrix. Austrade will use the report to promote Australian capability to global defence projects and attract foreign direct investment, particularly as it relates to growing opportunities for Australian cyber companies to enter into global supply chains on large-scale defence projects.
Chief Technology Officer and founder of ProvenDB Guy Harrison said he is delighted that ProvenDB has been recognised for its unique defence capability using Blockchain technology.
“We are very proud that ProvenDB is one of just 50 Australian technology companies chosen by Austrade to represent Australia’s defence cyber capability to the world, and believe this represents an acceleration of Blockchain technology within Australian cyber innovation,” Mr Harrison said.
“ProvenDB is a homegrown Melbourne company that has already achieved entry into the US market by forging a partnership with a US Venture Capital firm that invests in cyber technology solutions. We are able to give our staff the opportunity to knowledge share with their US counterparts and work on joint initiatives, and we look forward to partnering with Austrade to showcase Blockchain abilities in cyber resilience.”
Link to Australian Defence Cyber Industry Capability report – link here.
ProvenDB is produced by Southbank Software, a Melbourne based technology company. Southbank Software launched the core ProvenDB framework for early adopters in New York in June 2019. The framework allows developers to construct tamper-proof applications that can provide proof of data origin and integrity. Secure Database is a tamper-proof, highly secure Database system. Best of breed Database security and encryption prevents any unauthorized Database access, while Blockchain integration prevents any undetected tampering of data.
ProvenDB provides all the functionality of an industry-standard database system, together with tamper-proof storage and immutable histories. Digital signatures of all data records and changes to the database are stored to an immutable public blockchain. These signatures prove the origin and integrity of all of the data stored in the ProvenDB database.