Prismo Tech offers a hybrid public-private blockchain system that utilizes homomorphic encryption and an immutable ledger to ensure secure and compliant management of sensitive data for government and enterprise applications. This technology addresses the need for confidentiality and transparency in digital transactions, providing reliable audit trails and synchronized data across all nodes.
Funding
Funding not disclosed
Founders
Product
Problem
Existing blockchain solutions often struggle to balance the need for data confidentiality with the desire for transparency and auditability, particularly in government and enterprise settings where sensitive information must be protected. Traditional blockchains may not adequately safeguard data from unauthorized access or modification, while still providing verifiable records of transactions.
Solution
Prismo Tech offers a hybrid public-private blockchain solution designed to provide a secure and compliant environment for managing sensitive data. The platform leverages homomorphic encryption, which allows computations to be performed on encrypted data without decrypting it, ensuring confidentiality. An immutable ledger records all transactions, creating a transparent and auditable trail. The hybrid architecture combines the benefits of both public and private blockchains, offering a balance between data privacy and verifiable data synchronization across all nodes. This approach ensures that sensitive data remains protected while maintaining the integrity and accountability of the blockchain.
Target Audience
The primary target audience includes government agencies and enterprises that require secure, compliant, and transparent management of sensitive data.
Features
- Hybrid public-private blockchain architecture for balancing data privacy and transparency
- Homomorphic encryption to enable computations on encrypted data without decryption
- Immutable ledger to ensure data integrity and prevent unauthorized modifications
- Audit governance features providing detailed and transparent audit trails
- Data synchronization across all nodes to maintain consistency and reliability
- Query interface for seamless access to blockchain data
- Vector database for efficient storage and querying of high-dimensional data, enhancing AI and machine learning capabilities
- Integration with zkEVM Layer 2 solutions for improved scalability