Software technology company Nyriad and cloud services provider Revera have teamed up for a blockchain-based pilot project aimed at helping the New Zealand government departments to manage sensitive data, CIO reported.
In the pilot, which launched this week following nearly three years of development, governmental organisations will test data sets using Nyriad’s real-time blockchain software platform delivered from Revera’s AoG-certified Homeland Cloud. The pilot is a part of an effort to provide cutting-edge IT platforms to government agencies to improve their operations.
Elaborating on the real-time blockchain software platform, Nyriad founder and CEO Matthew Simmons said the platform was the first in the world to enable public organisations to prove that data management was being done in compliance with strict security standards and facilitated real-time data sharing, openness, and collaboration.
“We believe this pilot will demonstrate that IT trust can be built with our real-time Blockchain File-Systems,” he said, adding that Nyriad has received enquires from a number of European governments looking for technology would support auditable international data exchange and inter-governmental collaboration.
“Traditional data-sharing practices place a huge tax on large organisations, requiring massive resources to maintain the security and integrity of data,” said Revera CEO Robin Cockayne. “Blockchain protocols are the building blocks of smart data, introducing a secure system to automate sharing when certain conditions have been met. It may even allow citizens to manage their own information kept by government.”
