"My cofounder Rob and I got excited about blockchain after playing around with Bitcoin. But, we knew the public blockchain didn't offer the speed or security that financial services firms needed," said CEO Chris Finan. "We are proud to release this platform so that more companies will be able to use blockchain technology at speeds that were unimaginable two years ago."
The new platform infuses modern data storage with blockchain technology. Enterprise teams and developers can leverage the power of a blockchain without being bogged down by the complexities, while preserving the scalability and analytical strengths of a distributed database.
The platform is wholly owned and operated by the entity deploying it, offering the transparency of a blockchain audit record without susceptibility to external manipulation. Creating an asset exchange, payments infrastructure, or any other type of asset management or settlement application is simple with Manifold.
Manifold was founded in 2014 by Chris Finan, a former White House cybersecurity advisor, and Rob Seger, a former government security technology expert. The launch of this platform furthers their goal of bringing greater efficiency and accountability to modern finance.
About Manifold Technology
Manifold Technology is a startup based in Sunnyvale, CA that gives enterprises the benefits of a blockchain without the complexity, risks or costs of other solutions. For more information, visit www.manifoldtechnology.com.
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SOURCE Manifold Technology