SAN JOSE, Calif., Feb. 13, 2018 /PRNewswire/ -- PeerNova, Inc. the
leader in providing blockchain-based event lineage applications,
announces its membership with the Chamber of Digital Commerce, the
world's largest blockchain trade association. In addition, the
company's President and Chief Technology Officer, Gangesh Ganesan, will provide a keynote address
at the DC Blockchain Summit 2018, March 7-8,
2018.
At the DC Blockchain Summit 2018, Mr. Ganesan will discuss
how financial institutions around the world are exploring various
practical applications using blockchain technology. Specifically,
he will present several issues that the banking and financial
sector are looking to address, including mapping of workflows
associated with processing trades, transactions and events across
front, middle and back-office systems. Mr. Ganesan will
describe how blockchain-based event lineage-driven analytics,
operational insights and compliance reports can simplify multiple
applications and reduce operational expenses significantly in large
multinational financial institutions.
PeerNova will also showcase its Cuneiform platform, which
combines the best of blockchain, big data and cloud technology.
Cuneiform addresses the rigorous requirements of enterprise-grade
software in terms of performance, scalability, high availability
and security. The platform offers the key blockchain features
including immutability of data, cryptographic verification and
validation of transactions.
"There is tremendous opportunity to apply blockchain
technologies in the financial services sector to provide better,
more secure, and more economical services," said Gangesh Ganesan. "Unlocking blockchain's
potential in the financial services sector will take collaboration
among those who want to see it continue to flourish and simplify
banking processes and procedures. We look forward to working
with the Chamber and its members to continue to promote the
acceptance and adoption of blockchain technology."
Mr. Ganesan is founder of PeerNova and an experienced
technologist, entrepreneur and thought leader. He has worked in
senior management at prominent technology and software companies,
including Locomatix (acquired by Twitter and open-sourced as
Heron). Previously, Mr. Ganesan was President and CEO of Ubicom, a
network processor company that was acquired by Qualcomm.
Chamber Founder and President Perianne
Boring said, "We are excited to welcome PeerNova as a member
to the Chamber and looking forward to their professional insight at
DC Blockchain Summit 2018. PeerNova's thought leadership is greatly
valued as we work together to improve the global financial system
with blockchain and distributed ledger technology."
About PeerNova
PeerNova combines the best of
Blockchain, Big Data, and Cloud to uniquely enable financial
institutions to securely and verifiably manage their data and
address their reconciliation, audit, and compliance
challenges. Based in Silicon Valley, the PeerNova team has
expertise in distributed systems, Blockchain technology, networking
solutions, compiler technology, Big Data, and financial
services. For more information, please
visit peernova.com or follow our Twitter.
About the Chamber of Digital Commerce
The Chamber of
Digital Commerce, headquartered in Washington, DC is the world's largest trade
association dedicated representing the digital asset and blockchain
industry. For more information, please
visit DigitalChamber.org or follow us on
Twitter: @ChamberDigital.
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SOURCE PeerNova, Inc.