Hyderabad, 8th January 2018
Zebi launched its flagship product Zebi Chain™, paving the way for an innovative Blockchain based security Solution for India’s Big Data.
Zebi’s solution aims to secure high value and sensitive data elements such as land registry, employee and salary records, pension payments, education and other qualification documents and certificates. It offers an array of products for data security that eliminates all the ambiguity associated with fake transaction, fake documents as block chain based records are time stamped and any alteration made to it are also securely recorded. This data can be verified without any human intervention, therefore not leaving any scope for manipulation or copying of sensitive information by unscrupulous insiders or external hackers.
India’s big data generation is increasing exponentially and is expected to reach 3 Zebibytes per year (1 Zebibyte = 10247 bytes, about one trillion Gigabytes) by 2020, driven by continued growth of internet usage, social networks, proliferation of smart phones, as well as the digital initiatives and structural reforms undertaken by the Indian government. At the same time, incidents of data crimes such as data hacks, data leaks, data tampering, identity thefts are on the rise, which are costing Indian organizations and consumers more than $30 billion annually.
Picture: Zebi Data Gateway (credit: Zebi)
Babu Munagala, Founder, MD & CEO of Zebi said, “Zebi has created a Blockchain driven, first of a kind and holistic solution to make high value or sensitive data readily available for legitimate use, while protecting it against hacking or tampering, and taking individual consent wherever appropriate. It comprises of a satellite component Zebi Chain™ to provide immutability to critical records, coupled with a central hub viz., Zebi Data Gateway which enables secure and instant data exchange through Data as a Service (DaaS) API’s”
“We have a healthy pipeline of prospects across India. All Zebi Chain™ installations will be connected to Zebi Data Gateway to serve the data for authorized business purposes. As we rapidly scale and add more Zebi Chain™ customers, the value proposition of Zebi Data Gateway will enhance exponentially”, added Babu.