BLOCKCHAIN
BLOCKCHAIN
BLOCKCHAIN
Beowulf PTE LLC, a fully decentralized cloud communications network using distributed ledger blockchain technology for companies and consumers, announced today the official launch of its service.
That service will make available a comprehensive suite of tools that provide access to high-quality communication capabilities, including voice, video and messaging. Using blockchain technology, Beowulf is designed to provide secure, low-cost, customizable communications for a wide audience.
Distribute ledger technology operates by being distributed across multiple nodes which validate and confirm transactions on the network for authenticity. It’s the same technology that underlies well-known cryptocurrency tokens such as bitcoin and Ethereum. It uses cryptography to protect information stored on the chain and only key holders can access that data.
“I have no doubt that the technological advances at the heart of Beowulf can help to address widespread commercial inefficiencies and operational challenges,” said Beowulf founder and Chief Executive Officer William H. Nguyen. “This has already been shown in the partnerships we have formed, particularly in the telecom and communications industry.”
One use of the Beowulf technology set includes Quickom, a product that aims to replace phone numbers with scannable quick response codes. Using this technology, the company said, users will get improved privacy and connectivity.
The company also produces a decentralized distant learning platform known as Victoria, which empowers schools and educational institutions with two-way interactive communication for teaching sessions. Beowulf also produces Hana, a telemedicine platform designed to allow doctors to provide affordable healthcare anywhere and anytime using high-reliability real-time videoconferencing.
“Any company for whom service interruptions and communication efficiencies pose a problem would relish the superior connectivity and low latency our distributed solution offers,” said Nguyen. “Whether you are building your communications systems from the ground up, or upgrading your current system, it makes sense to consider the possible cost savings granted by Beowulf’s transparent pay-per-use rates.”
Beowulf aims to offer its platform to industries that need highly reliable and trackable communications, such as healthcare, education, finance, transportation and customer service.
Business and enterprise developers will have access to the entire Beowulf platform at launch and can build for it using a software development kit. With this kit, developers can add, build and operate communication-related features directly into their applications such as messaging and voice/video calls.
“The potential use cases for this technology are endless,” said Nguyen. “The prospect of playing a part in helping to fundamentally transform how businesses operate in industries such as education and healthcare is a huge motivator. The launch of Beowulf’s platform will be a major step toward realizing this goal.”
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