We believe that our technology will ultimately power the digital economy by making it safer, easier, and more efficient for every person and enterprise to organize, find, and exchange information or value.
Revolutionizing the Way Information Is Managed
Craxel’s breakthrough in high performance searchable encryption will revolutionize the way information is managed. While most databases are built on almost 50-year old technology, our innovations have allowed us to completely reimagine the database, delivering unprecedented security, availability, performance, and scale. Eventually, databases without high performance searchable encryption will become obsolete, as consumers, businesses, and governments realize they can no longer accept the risk of leaving their information in a vulnerable state. Since our database technology provides the performance and scale needed by even the most demanding applications, there will simply be no reasonable excuse to leave information unprotected.
Realizing the Promise of Blockchain
While developing the most technologically advanced database ever conceived, Craxel made breakthroughs in advanced replication and massively parallel consensus. Using these and other innovations, we were able to create a distributed ledger that provides highly secure, low-latency, trustless and immutable transactions at a scale that is unrivaled. For example, our distributed ledger supports over 15,000 transactions per second per partition and an almost unlimited number of partitions. Our distributed ledger technology delivers the missing properties required to realize the promise of blockchain.
Powering the Digital Economy at Hyper-Scale
We believe that our technology will ultimately power the digital economy by making it safer, easier, and more efficient for every person and enterprise to organize, find, and exchange information or value. Companies will be able to securely store their information in the cloud without fear. Companies will be able to easily and cost-effectively comply with data privacy regulations. People will be able to entrust companies with their information, knowing that it is being stored securely and used properly. Self-sovereign identity will be feasible, allowing every person on the planet to have an identity, leading to the democratization of the digital economy. Individuals will be able to seamlessly control the sharing of their identity information. Counterparties will be able to settle their transactions immediately and securely without expensive intermediaries or with intermediaries that provide fair value. Market inefficiencies will be reduced. Payments will be settled in real-time and micropayments will be cost-effective. Companies will be able to trust their supply chains. Citizens will be able to trust their elections. We believe that the building blocks for this digital future are high performance searchable encryption and low-latency, scalable, trustless and immutable transactions.
For those interested in the cryptography: Our solution is not deterministic encryption (found in several commercial databases) or a substitution cipher that leaks ordering information. We have solved the problem of indexing strongly encrypted records and searching them efficiently (including range and spatial query). Our method is quantum proof.