OTTAWA, Ontario, May 13, 2015 /PRNewswire/ -- Vali
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This marks a significant step toward securing otherwise insecure but, in many cases, highly efficient communications. Other crypto technologies are not designed to secure P2P communications, which is the transfer of data directly between two devices or systems where the communicating applications act as both clients and servers. By solving security gaps in P2P communications, Validian reduces risks to high-value assets, infrastructure and information, while enabling clients to benefit from the advantages of P2P with greater peace of mind. P2P architecture eliminates or lessens the need for exchange and/or relay servers, significantly lowers operating costs, and drastically reduces bandwidth consumption, which is critical for mobile communications.
Currently, many government and business installations and infrastructure use client-server architectures despite the higher costs and inefficiencies that result. This is largely due to the greater security vulnerabilities of P2P compared to client-server architectures.
Additionally, mobile devices add their own security risks and challenges and their increasing popularity within the workplace means many governments and enterprises are taking extra security risks to accommodate the trend. By securing communication on and between mobile and non-mobile devices, and by securing P2P communications, Validian opens the door to a secure mobile future that lessens the burdens on telecommunications infrastructure and the need to operate and maintain costly server farms.
"Validian's successful demonstration shows that we have unlocked the benefits and potential of Peer-To-Peer communications for mobile, and opened it up to governments and enterprises as well," commented Bruce Benn, Chief Executive Officer of Validian.
Mr. Benn added, "While solving major cyber security issues may be our most obvious strength, Validian's technology can reduce the annual operational costs of major mobile messaging apps and social media apps, as well as mobile telecom companies, by tens to hundreds of millions of dollars, which is a huge selling point."