BlackRidge Technology Helps Eliminate Fraud from Philanthropic Contributions with Jointly Developed Blockchain Application
Company Collaborates with Marist College to Develop and Secure a Hyperledger Fabric Application for Philanthropies
BlackRidge Technology International, Inc. (OTCQB: BRTI), a leading provider of next generation cyber defense solutions, is pleased to announce their most recent collaboration with Marist Collegeto develop and secure a Hyperledger Fabric™ blockchain application. The blockchain application, designed to eliminate fraud from philanthropic contributions, integrates BlackRidge endpoint software to secure all transactions to and from the Hyperledger Fabric based transaction system, and provides person-based authenticated linkages between all parties engaged in the transaction.
BlackRidge experts joined with Marist faculty and IT Technical staff to collaborate with Marist Computer Science and Mathematics’ sophomore, Alissa Sytsma, to develop the Hyperledger Fabric based blockchain application, which she presented at the 2018 Celebration of Undergraduate Research, Scholarship and Creative Activity (CURSCA) annual showcase. “Our partnership with BlackRidge has been tremendous in understanding blockchain technology, how to secure it, and drive innovation in this space,” said Dr. Roger Norton, Dean of the School of Computer Science and Mathematics. “We collaborated with BlackRidge, Marist students, faculty, and IT staff to architect and design the solution.”
“The research we have done with BlackRidge Technology is a great example of how Marist College approaches innovation. Including our students as young paraprofessionals with the institution’s strong applied research culture makes Marist unique within higher education,” said Bill Thirsk, Vice President of Information Technology/CIO at Marist College. “Having BlackRidge as a joint research and technology incubation partner further differentiates us. Marist will continue to develop the fraud avoidance system in conjunction with BlackRidge to provide an immutable Hyperledger Fabric blockchain that secures transactions using BlackRidge’s cybersecurity stack.”
“Marist College has been a tremendous cybersecurity research partner for BlackRidge, providing access to IT resources and faculty and students to collaborate on our products and solutions. Most recently, we collaborated on providing an active cyber defense for distributed network-based applications including blockchains to protect them from unidentified and unauthorized discovery and access and from DDoS attacks. We look forward to working with Marist to bring to market their hosted blockchain solution secured by BlackRidge,” said Bob Graham, CEO of BlackRidge Technology.
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