Feolayden Ventures

The Privacy Chain Distributed Data Management System allows fast development of secure, scalable enterprise applications that offer permanent control of every piece of data on Blockchain data storage, synchronization, normalization and encryption.
Austin

About Feolayden Ventures

It's designed to replace legacy centralized data architectures such as Data Warehouses, which now introduce as many problems as they solve. The $14 billion data warehouse market is currently stymied as these old architectures have been overwhelmed by the concurrent doubling and redoubling of data. The Privacy Chain Distributed Data Management System is architected for an environment of distributed devices creating and processing data. Data is tracked and utilized where it is created and processed.

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Problem statement

Traditional data centralization processing cannot keep up with exponential growth in data, data sources
The number of devices has exploded, while the devices themselves have doubled and redoubled in power, processing existing data and creating more
Impossible to maintain synchronization across asynchronous use by uncoordinated users

Traction information

Granted multiple patents on distributed data architectures.
Rev - Privacy Chain earned $350,000 in its first year of operation (2019)
Projected Rev 2020 - $100k
The founders have decades of Fortune 1000 experience in this area.
Currently in licensing discussions with multiple large consulting firms.
Fundraising - $1M at $3.5M, $100k funded, $100k committed
Patent pending
DoD - Met w Kevin Landtroop, registering for Defense Academy, working on SBIR Phase 1

Updates

Profile created.
Added over 2 years ago