nsKnox Technologies

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What problem are you trying to solve?

Cyber security and Fintech cyber attacks against fraud and data manipulation.

How do you aim to solve this problem?

We defined a new defense called Corporative Cyber Security which assumes that an organization has trouble protecting itself. It doesn’t matter how many walls you put up, you’ll still get breached. This is reality. We see it every day. Our technology is that an organization can use another organization to help defend themselves. Therefore, if you’re breached, its not enough anymore. They would need to break into numerous other organizations that are protecting you.

Who is your competition?

Blockchain technology.

How are you different from them?

We use different mathematics and technology. We don’t see them as competition, because they only do specific things. We do transactions. For example, we protect real time transactions. We also don’t change the whole system of the bank, we keep the bank as is and we protect it from the outside, so your system can continue working the same way as it did, but you have an external blind third-party guardian. This is different then our competition. Blind is important, because we split the information mathematically in a way that the other parties cannot know what it is. This is great, because they can protect from the outside, but they are blind to the information.

What do you think is the greatest concern in the world of Cybersecurity?

Data manipulation, because if you have a breach and your info is stolen, it’s hard but you can recover. But if your data is manipulated in a way where you can’t trust your own data, you’re done for.