Cere Network, a distributed ledger blockchain data integration and service company, today announced a partnership with scalable, private blockchain Harmony to develop services for business compliance in the access, storage and secure management of personal identity information.

Harmony has pioneered blockchain technology for use for decentralized finance, game collectibles, privacy by design, and decentralized data storage and security. The company was chosen as a scaling partner by health data distributed app LYMPO, financial management dapp SafeHaven and others that run on Samsung Wallet.

Cere Network is a blockchain customer relationship management platform designed as a customer data ecosystem built from the ground up with an eye for distributed individual privacy and access customization.

“This partnership represents the tidal shift of privacy and data interoperability in a multicloud world,” explained Fred Jin, co-founder and chief executive of Cere Network. “We believe Harmony has what it takes to become a leader in consensus performance. Our collaboration will allow enterprise customers around the world to break free from outdated, siloed solutions to finally utilize their customers’ data in a privacy-preserving, cloud/network-agnostic way.”

The advantage of going with Cere Network’s application infrastructure is getting a cutting-edge blockchain-based technology platform that can provide true data ownership for customers while preserving data privacy and audibility by third parties.

That enables regulators to audit and check sensitive information for compliance with laws and industry policies without revealing sensitive information. Businesses can also extract real-time customer insights faster and will also be able to relay these insights to each customer individually by using Cere’s dynamic personalization services.

Finally, Cere’s network secures data-sharing with partners while remaining fully compliant without revealing personally identifiable information. The network can provide insights and analytical data without breaching the privacy of any customers using the network.

Personal information and identity management for businesses that require the utmost care especially regarding the number of security breaches that happen and the prevalence of errors and fraud. Blockchain technology platform startups and enterprise solutions continue to emerge in the marketplace including SettleMint NV, which raised $2.1 million in January. Authenteq Ltd. raised $5 million for identity verification in January 2019, ArcBlock Inc. launched an identity-management services wallet in November and ShoCard raised $4 million for enterprise identity management in 2017.

“Cere Network is solving real business pain points with their innovative SaaS/Services framework,” Stephen Tse, founder and chief executive of Harmony. “With our strategic partnership, we want to make sure that our teams collaborate to ensure both companies’ partners and clients will benefit from each other’s advancements in the space.”

Cere Network will use Harmony’s secure blockchain networking solution and combine it with Cere’s own information storage technology to create a stronger network for access and management of personal business data.

Image: Harmony