Business
EBI Partners with Al-Rushaid Technologies to Broaden International Reach
EBI Partners with Al-Rushaid Technologies to Broaden International Reach.
About this update from Everything Blockchain, Inc.
[{"type":"text","content":"\n Jacksonville, Florida, April 03, 2023 (GLOBE NEWSWIRE) -- Everything Blockchain Inc., (OTCMKTS: EBZT), a technology company that is blending blockchain, DBMS and Zero Trust to deliver disruptive new ways to store, manage and protect data, today announced a partnership with Al-Rushaid Technologies (ART). Together, the two companies will work to deliver highly-differentiated data protection solutions to countries in the Middle East and North Africa. ART, a subsidiary of Al-Rushaid Group, offers a variety of innovative IT solutions suitable for companies of all sizes and across various industries. The five-year distribution deal with a combined total of $47 million in performance based milestone payments to EBI will position ART as the exclusive agent of the company’s EB Control platform in several MENA countries, including Saudi Arabia, Bahrain, Kuwait, the United Arab Emirates, Oman and Egypt.   EB Control safeguards data on the owner's local device by creating a secure vault.  This vault can be stored, transported or shared, allowing owners to maintain complete control for the lifespan of the data. With EB Control, data and files can be geo-fenced, time-fenced and data rights management invoked.  With this innovative technology, data can be confidently shared and controlled outside of a secure domain. “We are thrilled for this partnership with ART,” said Toney Jennings, Chief Executive Officer, EBI. “EB Control merges simplicity of use with elevated and extended security protections.  We are confident that our technology will exceed all data protection needs of small and medium-sized businesses to large corporations across MENA countries.” In addition to EB Control, ART will become a non-exclusive reseller of BuildDB, EBI’s next-generation database powered by a advanced private blockchain architecture that delivers superior performance, reduced latency, zero trust and unmatched resilience. For more information about EBI, visit everything blockchain.io. About Everything Blockchain Inc.Everything Blockchain, Inc. (OTCMKTS: EBZT) envisions a future where every transaction is trusted and blockchain is used to meet ESG goals, support cities of the future, build and control the transparency of supply chains and ensure the rights of data ownership sustain forever. The comp...