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
Chervon Names Claudio Chiappetta Vice President of Retail Sales for Chervon Canada5.10.2026 14:00:00 CEST | Press release
NAPERVILLE, IL / ACCESS Newswire / October 5, 2026 / Claudio Chiappetta joins Chervon as Vice President of Retail Sales for Chervon Canada; effective Monday, October 5, 2026, reporting to VP, MD Neil Harrison. A graduate of York University in Toronto, Chiappetta majored in business and marketing. He brings over 25 years of outdoor power equipment and power tool experience to Chervon as well as extensive knowledge of the Canadian home improvement and outdoor power equipment markets. Chiappetta launched his tool and outdoor career in 2003 at Black & Decker/DeWalt where he held various sales and marketing positions including cordless product manager for DeWalt Power Tools. Claudio joined TTI Milwaukee in 2008 where he was responsible for the launch of a series of Milwaukee cordless products into the Canadian market. He went on to build and manage the Ryobi outdoor power equipment portfolio along with multiple TTI power tool brands. "I am delighted to welcome Claudio to our Canadian senior
Chervon Names Daniel L. Abbott Director of Sales - Western U.S.A.5.10.2026 14:00:00 CEST | Press release
NAPERVILLE, IL / ACCESS Newswire / October 5, 2026 / Daniel L. Abbott joins Chervon as Director of Sales - Western U.S.A.; effective Monday, October 5, 2026, reporting to SVP Matt DeFeo. Abbott brings over 30 years of experience in the power tool, outdoor power equipment, and home improvement industry. As a graduate of Long Beach State, Abbott went on to serve for 4 years in the United States Airforce. Abbott then moved on to become a Home Depot Store Manager in Huntington Beach, California. Abbott then joined TTI/Milwaukee where he spent 24 years building, managing and leading an elite west coast-based sales team. Abbott was promoted through increasingly responsible positions until his final role as sales leader of over 700 salespeople. "Abbott is a proven and exceptional leader and mentor of high-potential sales talent," says SVP Matt DeFeo. "His obsessive focus on teaming up with key accounts at the store level has unleashed years of extraordinary growth in his areas of responsibili
Securitas Technology Releases 2027 Global Technology Outlook Report5.10.2026 14:00:00 CEST | Press release
UNIONTOWN, OH / ACCESS Newswire / October 5, 2026 / Securitas Technology, one of the world's largest electronic security companies, today announced the release of its 2027 Global Technology Outlook Report, offering organizations practical insights into the technologies, trends, and business priorities transforming the electronic security industry. Highly anticipated by security professionals across the globe - and now in its ninth annual edition - the Global Technology Outlook Report brings together perspectives from more than 16,000 end-user clients across 19 countries, independent research with more than 575 security decision-makers, 26 of the world's leading manufacturers, innovators, and Securitas Technology subject matter experts from around the world. The result is the industry's most comprehensive view of how security programs are evolving to address growing complexity, emerging risks, and rapidly changing technology. As security increasingly supports business resilience, operat
Chervon Names Peter J. Carlson Director of Sales for Strategic Accounts5.10.2026 14:00:00 CEST | Press release
NAPERVILLE, IL / ACCESS Newswire / October 5, 2026 / Peter J. Carlson joins Chervon as Director of Sales for Strategic Accounts effective Monday, October 5, 2026, reporting to SVP of Industrial and Commercial Sales, Jeff Campbell. Carlson brings over 27 years of power tool and outdoor product key account management experience to Chervon. A graduate of Bemidji State University in Bemidji, Minnesota; Carlson launched his career at Makita Power Tools in 1999. He progressed through a series of positions at Makita over the subsequent 10 years. In 2009, Carlson joined TTI/Milwaukee as a Senior National Account Manager. His career flourished as he was promoted through a series of increasingly responsible positions building and managing strategic key account business for TTI/Milwaukee. "Carlson is highly regarded in his ability to not only build the business but also to mentor, train and develop his people," SVP Campbell said. "His extensive experience at building store level and E-Commerce gr
Chervon Appoints Neil Harrison to the Position of VP Sales, Marketing and MD for Chervon Canada5.10.2026 14:00:00 CEST | Press release
NAPERVILLE, IL / ACCESS Newswire / October 5, 2026 / Neil Harrison joins Chervon as Vice President Sales, Marketing and Managing Director for Chervon Canada; effective Monday, October 5, 2026, reporting to CEO Joe Galli. Harrison brings more than 23 years of professional and consumer power tools experience. After studying environmental research management and graduating of the University of Western Ontario in London, Ontario; Harrison began his tool career in 2003 with Black & Decker/DeWalt, advancing through various positions in sales, operations, and product management. In 2006, Harrison joined Bosch Canada as marketing manager for the SKIL brand. He then went on to a position as an account manager with Hilti Canada. In 2008, Harrison joined TTI/Milwaukee, where he launched an impressive 17-year career advancing through leadership positions in product management, channel management, and marketing management. He went on to lead regional sales teams in the industrial construction chann
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