Cyber North Ventures
9.8.2021 14:03:01 CEST | ACCESS Newswire | Press release
By 2021, 90% of current enterprise blockchain platform implementations will require replacement within 18 months to remain competitive, secure, and avoid obsolescence, according to Gartner, Inc.1
WATERLOO, ON / ACCESSWIRE / August 9, 2021 / TrueNorth Quantum Inc. ('TrueNorth'), the creator of the Northern Shield, an innovative, scalable, institutional-grade cloud platform for building the next generation of decentralized blockchain applications. ('Dapp') for FinTech, MedTech, AgTech, and HealthTech announce the launch of the Northern Shield as a Platform as a Service offering to accelerate the replacement of 90% of today's Blockchain applications.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.Doug Beynon, Executive Chairman of TrueNorth states: 'Decentralized applications are, simply, applications built on the Blockchain or distributed ledger technology. This is where much of the blockchain work is being done now. The Blockchain is currently undergoing the same application-level growing pains that the internet did in the late 90s and early '00s, and the Northern Shield will accelerate the scaling of decentralized applications'.
He continued: 'Our platform offers stability and scalability in a world of continuously shifting technology. It allows our users to get up and running faster with our decentralized platform, featuring a broad range of available integrations, a rich ecosystem of services, built-in global business protocols, smart data management, and advanced security'.
The platform has four services that separate us from our competition:
- Advanced-Data Management: Our security protocols travel with the data, leaving no points of weakness.
- Secure Distributed Transactions: We provide quantum-proof security transaction handling, taking smart contracts to a new level
- Workflow Management: Our App has a goal-oriented system design that enables interoperability across complex tech environments.
- Flexible Microservices: From identity services to transcoding, our vast menu of services streamlines development and reduces time to market.
Applications built on the Blockchain are developed to heavily prioritize functionality and power over security, usability, and simplicity. While this is undoubtedly important for the 'proof of concept' phase of Blockchain, the ecosystem is now hungry for wide-scale adoption and growth. The Northern Shield will facilitate this transition from proof of concept to global institutional scale up to 5x faster than trying to do a complete rebuild to meet the stringent requirements of major institutional customers.
The Northern Shield is being offered in partnership with Dapp developers enabling the reuse of their proof-of-concept implementation by rapidly porting to the Northern Shield, instantly gaining institutional-grade security, scalability, and global access.
TrueNorth takes a partnership approach with selective application development initiatives, whether large institutions are looking to enter the Dapp market or small Dapp developers with a breakthrough idea. Our transaction pricing is success fee-based ensuring everyone wins.
For more information on the Northern Shield, Download the Investor Fact Sheet
About TrueNorth Quantum Inc.
TrueNorth Quantum Inc., has entered into a non-binding LOI with United Royale Group Corp. (OTC:URYL) for URYL to acquire TNQ in exchange for shares of URYL. The definitive acquisition documents are being negotiated and drafted, and there is no guarantee that the transaction will close or be approved by the shareholders of TNQ.
TrueNorth Quantum Inc. is the creator of the Northern Shield, an innovative, scalable, institutional-grade cloud platform that enables the rapid build and scale of decentralized applications across multiple industries. The Northern Shield Platform-as-a-Service offers advanced data security protocols and workflow management, built on a flexible microservices ecosystem. As a development partner, True North Quantum seeks opportunities to accelerate innovation, including investment in disruptive technologies we believe will change the world. Our partner acceleration model, which offers application development services, rapid prototyping, transactional revenue pricing, and capital injection, enables industry disruptors to succeed, no matter where they are in their business journey.
For more information on TrueNorth Quantum Inc., click the link below:
or email: investor@truenorthquantum.com
Forward-Looking Statements
Forward-looking statements and risks and uncertainties discussed in this letter contain forward-looking statements. The words 'anticipate,' 'believe,' 'estimate,' 'may,' 'intend,' 'expect,' and similar expressions identify such forward-looking statements. Expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with, among other things, the impact of economic, competitive, and other factors affecting our operations, markets, products, and performance. The matters discussed herein should not be construed in any way, shape or manner as indicative of our future financial condition or stock price or that the intended acquisition will be consummated.
SOURCE: Cyber North Ventures
View source version on accesswire.com:
https://www.accesswire.com/658908/TrueNorth-Quantum-Launches-Its-Innovative-Proprietary-Cloud-Technology-Platform-Northern-Shield-Is-A-Scalable-Secure-Infrastructure-Designed-To-Rapidly-Build-And-Launch-The-Next-Generation-Of-Decentralized-Blockchain-Applications
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
LiberNovo Summer Kickoff Across Europe: A Five-Day Flash and Two Show Floors22.5.2026 11:00:00 CEST | Press release
HONG KONG, HK / ACCESS Newswire / May 22, 2026 / LiberNovo's Summer Kickoff Flash opens Friday, May 22 across the EU (9:00 CEST) and UK (8:00 BST) and runs five days. LiberNovo Omni ships in a regional bundle with €651 off in the EU and £549.50 off in the UK. Verified students and educators can stack another 5% on top. What's in the Bundle EU: LiberNovo Omni paired with the StepSync footrest and a matching StepSync Mat. €1,066 flash, regular €1,717, or 38% off. UK: LiberNovo Omni paired with the StepSync footrest and an Eye Mask. £969.50 flash, regular £1,519, or 36% off. Designed Around Motion LiberNovo Omni adapts to the body in real time. Three features handle the work: Bionic FlexFit Backrest. Eight independent panels follow the spine through every shift in posture, instead of one rigid surface pushing back. Automatic armrests. They track with the chair's recline so you don't reset them between positions, and they slide back into the base when you scoot under the desk so they don't
GA-ASI Completes First Flight of MQ-9B With AEW Pods21.5.2026 17:00:00 CEST | Press release
New Development Effort Will Enable Airborne Early Warning Capability for MQ-9B SAN DIEGO, CA / ACCESS Newswire / May 21, 2026 / General Atomics Aeronautical Systems, Inc. (GA-ASI) flew its MQ-9B Remotely Piloted Aircraft for the first time with Airborne Early Warning (AEW) pods. The much-anticipated AEW capability is being provided through a partnership with Saab. Once the AEW sensor, named LoyalEye, is made available to MQ-9B operators and new customers, it will deliver persistent and cost-effective air surveillance capabilities in regions where it is currently unavailable. GA-ASI conducted a validation flight of MQ-9B using AEW radar pods on May 19 from GA-ASI's Desert Horizon flight operations facility in Southern California using a company-owned aircraft. The flight signaled the first step in a development process that is expected to take several months and culminate with a full-capability demonstration later this year. GA-ASI and Saab announced their partnership last year with the
AI Trading Changing Stock, Gold, and Forex Trading Market: Funds Coin's Multi-Agent Trading Update Dominates20.5.2026 11:00:00 CEST | Press release
DENVER, CO / ACCESS Newswire / May 20, 2026 / Ten years ago, algorithmic trading was the exclusive territory of investment banks and hedge funds. Today, a retail trader with $100 and a smartphone can access the same class of automated execution that once required a team of quants and millions in infrastructure. That's not an exaggeration. It's the shift that's quietly reshaping stock and forex markets, and AI trading agents are at the center of it. The Old Way Is Breaking Down Manual trading made sense when markets moved slowly enough for humans to keep up. That world no longer exists. Forex markets process over $7 trillion in daily volume. Crypto trades around the clock across hundreds of exchanges. Stock prices react to news in milliseconds. The information moves faster than any individual trader can process, and emotions, such as fear, greed, and hesitation, make an already difficult job even harder. The traders who thrived in this environment were either exceptionally disciplined o
Karbon-X and Evertrak Sign Letter of Intent to Advance Infrastructure-Linked Plastic Waste Reduction Credit Initiative19.5.2026 19:45:00 CEST | Press release
Proposed initiative would evaluate the potential generation of Verra-aligned Plastic Waste Reduction Credits for approximately 200,000 railroad ties made from recycled plastic currently installed across railroad infrastructure in North America. CALGARY, AB / ACCESS Newswire / May 19, 2026 / Karbon-X Corp. (OTCQB:KARX) ("Karbon-X" or the "Company"), a vertically integrated climate solutions company operating across compliance and voluntary environmental markets, today announced the signing of a Letter of Intent with Evertrak LLC ("Evertrak"), the leading manufacturer of Glass Fiber Reinforced Composite (GFRC) railroad ties made from recycled plastic, to explore an infrastructure-linked Plastic Waste Reduction Credit ("PWRC") initiative under Verra's Plastic Waste Reduction (PWR) Standard. Across North America, 20 million railroad ties made from wood are replaced annually. Approximately 4-6 million of those ties are less than 12 years old. Safe, resilient, and efficient railroad infrastr
AP Technologies Acquires Blueacre Technology, Adding Nitinol and Precision Laser Processing to Its Catheter Platform19.5.2026 16:00:00 CEST | Press release
Acquisition extends AP Technologies' vertically integrated catheter platform into nitinol and precision laser processing. Dundalk, Ireland joins the company's network of Centers of Excellence as its first European operation. SINGAPORE AND DUNDALK, IRELAND / ACCESS Newswire / May 19, 2026 / AP Technologies, a vertically integrated contract manufacturer of catheters and medical tubing, today announced the acquisition of Blueacre Technology, a Dundalk, Ireland specialist in laser micromachining and nitinol processing for the medical device industry. The acquisition establishes AP Technologies' first European operation in Ireland's medtech corridor, and extends its catheter platform into the laser-processed metallic components used in next-generation minimally invasive devices. Terms were not disclosed. Blueacre brings nearly two decades of capability in laser micromachining and nitinol processing for the medical device industry, including femtosecond and picosecond laser cutting, laser we
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom