Blockchain Labs BCL has developed InfraBlockchain, a public blockchain infrastructure that operates without cryptocurrency, ensuring secure and scalable management of sensitive data across various industries. Their latest project, Newnal, enhances generative AI applications by maintaining the integrity and privacy of data, addressing the critical need for trust and precision in data handling.
Funding
Funding not disclosed
Founders
Product
Problem
Generative AI applications require robust data handling to ensure the integrity, security, and reliability of sensitive information, especially in B2B and B2C contexts where trust is paramount. Traditional data management systems often lack the transparency and security needed to maintain user confidence and prevent data breaches or manipulation.
Solution
Newnal leverages a public, cryptocurrency-free blockchain infrastructure to provide enhanced data integrity and privacy for generative AI applications. By utilizing Blockchain Labs' patented InfraBlockchain technology, Newnal ensures secure and scalable management of sensitive data across various industries. The platform offers unprecedented precision in AI outputs by maintaining the utmost integrity, security, and reliability of the data used to train and operate AI models. This approach transforms how data is handled, making it suitable for applications where trust and precision are non-negotiable.
Target Audience
Newnal targets businesses and developers in industries such as healthcare, finance, and identity management who require a secure and reliable data management solution for their generative AI applications.
Features
- Employs InfraBlockchain, a public multi-blockchain technology that operates without cryptocurrency
- Uses a Proof-of-Transaction (PoT) consensus algorithm, secured by a U.S. patent
- Provides a secure and transparent platform for managing sensitive data used in AI applications
- Ensures data integrity to enhance the precision and reliability of generative AI outputs
- Supports various applications, including medical data platforms, fund and cost tracking, vaccine passes (COOV), and blockchain-based ID systems