StrikeForce Announces the Opening of its New Subsidiary, BlockSafe Technologies, Inc.
BlockSafe will provide security solutions to protect Blockchain and Cryptocurrencies
EDISON, N.J., Jan. 09, 2018 (GLOBE NEWSWIRE) --
StrikeForce Technologies, Inc. (OTC PINK:SFOR) announced today the opening of a new subsidiary, BlockSafe Technologies, Inc. BlockSafe will focus on providing security solutions to protect blockchain and cryptocurrencies.
“We have been closely following the extraordinary growth of blockchain, Bitcoin and cryptocurrencies for some time now,” says Mark L. Kay, CEO of StrikeForce. “When we saw that they were becoming mainstream disruptive technologies, we knew that hackers would quickly follow.” In recent months, crypto-criminals have successfully hacked companies like Youbit, BitFinex, Nicehash, Coindesk, Enigma and Tether. “Attacking blockchain, digital wallets and crypto-exchanges are becoming a daily occurrence,” says Kay, “and the current landscape of security solutions on the market just wasn’t designed to protect them.”
“That’s why we are so excited about StrikeForce becoming a leader in blockchain security,” says Kay. “Protecting blockchain and cryptocurrencies is a huge greenfield opportunity for us. Cybersecurity has typically lagged far behind innovation, but in this instance, we know exactly what’s needed, and the best part of it is that our existing patented technologies will play a key role in protecting private/corporate blockchains as well as digital wallets and cryptocurrencies.”
BlockSafe Technologies will offer three uniquely redesigned security solutions. The first is Blockchain Defender™, which will be the industry’s most comprehensive dedicated Blockchain firewall which includes access control and policy enforcement. The other two solutions are Desktop Defender™ and Mobile Defender™; both products will protect digital wallets and cryptocurrencies on MS Windows, Apple, iOS & Android platforms.
StrikeForce will license its existing technologies to BlockSafe Technologies, and in turn, BlockSafe will customize those technologies specifically to protect blockchain(s), digital wallets and cryptocurrencies.
Additionally, BlockSafe Technologies will engage in a Seed, a Pre-ICO and an ICO funding round, as part of this process, BlockSafe will also create its own BSAFE™ cryptocurrency tokens. For more information about BlockSafe Technologies Inc., go to www.blocksafetech.com.
About StrikeForce Technologies, Inc.:
StrikeForce Technologies helps to prevent Cyber theft and data security breaches for consumers, corporations, and government agencies. It provides powerful two-factor, “Out-of-Band” authentication, keystroke encryption along with mobile solutions. StrikeForce Technologies, Inc. (OTC PINK:SFOR) is headquartered in Edison, N.J., and can be reached at www.strikeforcetech.com or by phone at (732) 661-9641 or toll-free at (866) 787-4542.
BlockSafe will provide security solutions to protect Blockchain and Cryptocurrencies
EDISON, N.J., Jan. 09, 2018 (GLOBE NEWSWIRE) --
StrikeForce Technologies, Inc. (OTC PINK:SFOR) announced today the opening of a new subsidiary, BlockSafe Technologies, Inc. BlockSafe will focus on providing security solutions to protect blockchain and cryptocurrencies.
“We have been closely following the extraordinary growth of blockchain, Bitcoin and cryptocurrencies for some time now,” says Mark L. Kay, CEO of StrikeForce. “When we saw that they were becoming mainstream disruptive technologies, we knew that hackers would quickly follow.” In recent months, crypto-criminals have successfully hacked companies like Youbit, BitFinex, Nicehash, Coindesk, Enigma and Tether. “Attacking blockchain, digital wallets and crypto-exchanges are becoming a daily occurrence,” says Kay, “and the current landscape of security solutions on the market just wasn’t designed to protect them.”
“That’s why we are so excited about StrikeForce becoming a leader in blockchain security,” says Kay. “Protecting blockchain and cryptocurrencies is a huge greenfield opportunity for us. Cybersecurity has typically lagged far behind innovation, but in this instance, we know exactly what’s needed, and the best part of it is that our existing patented technologies will play a key role in protecting private/corporate blockchains as well as digital wallets and cryptocurrencies.”
BlockSafe Technologies will offer three uniquely redesigned security solutions. The first is Blockchain Defender™, which will be the industry’s most comprehensive dedicated Blockchain firewall which includes access control and policy enforcement. The other two solutions are Desktop Defender™ and Mobile Defender™; both products will protect digital wallets and cryptocurrencies on MS Windows, Apple, iOS & Android platforms.
StrikeForce will license its existing technologies to BlockSafe Technologies, and in turn, BlockSafe will customize those technologies specifically to protect blockchain(s), digital wallets and cryptocurrencies.
Additionally, BlockSafe Technologies will engage in a Seed, a Pre-ICO and an ICO funding round, as part of this process, BlockSafe will also create its own BSAFE™ cryptocurrency tokens. For more information about BlockSafe Technologies Inc., go to www.blocksafetech.com.
About StrikeForce Technologies, Inc.:
StrikeForce Technologies helps to prevent Cyber theft and data security breaches for consumers, corporations, and government agencies. It provides powerful two-factor, “Out-of-Band” authentication, keystroke encryption along with mobile solutions. StrikeForce Technologies, Inc. (OTC PINK:SFOR) is headquartered in Edison, N.J., and can be reached at www.strikeforcetech.com or by phone at (732) 661-9641 or toll-free at (866) 787-4542.
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