OneSpan: Acquire Blockchain Technology Provider ProvenDB

OneSpan: Acquire Blockchain Technology Provider ProvenDB

  • OneSpan helps organizations accelerate digital transformations by enabling secure, compliant
  • ProvenDB uses Blockchain technology to create a completely trustworthy database
  • Toba Capital is an early-stage investment firm committed to helping create incredible technology companies
  • Announced that it has agreed to acquire ProvenDB, an Australia-based startup that delivers secure storage
  • ProvenDB has been at the forefront of developing secure storage, leveraging blockchain technology
  • When information is added to ProvenDB, digital signatures are created and posted to an immutable public blockchain
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

European Parliament Supports Digital Euro for Online and Offline Use

New measures aim to enhance the digital currency's accessibility and functionality.Highlights: European Parliament approves digital euro for online...

Stripe Enhances Development Efficiency with AI Coding Minions

The fintech company introduces AI tools to streamline coding tasks.Highlights: Stripe is deploying AI 'coding minions' to improve...

Identity Fraudster Who Stole Over $1 Million Jailed for Four Years

The sentence marks a significant step in combating identity theft.Highlights: A man was sentenced to four years for...

US Senate Strengthens Penalties for ATM Theft Paralleling Bank Robbery

New legislation escalates legal repercussions for criminals targeting ATMs.Highlights: US Senate passes law equating ATM theft penalties with...