Venzee is one of the experts when it comes to data transformation between different stakeholders. The aim of the company is to always secure the data to make it more efficient as well. Since 2014, the company has been working in the data transformation field.
The company has now launched an ecosystem called Mesh, which will ensure that the data can be made more secure. It has been specifically launched for the blockchain ecosystem. It is the first middleware which has been launched for the blockchain platform. Even though all the functionalities are not currently available to its customers, Venzee expects to launch it by the first half of 2018.
According to the CEO of the company, Kate Hiscox, currently, many companies are worried about the decentralized structure of the blockchain platforms. However, with the help of this middleware software, the data can not only be secured properly but also it can be organized in a range in such a way that manipulation of the data midway is not possible.
The aim of the software is to collect the data and after that process that data to ensure that the data is clean and filtered in order to present it in the required format. Moreover, it would validate the data and ensure that there is an allotment that it has manipulated. As the data becomes more critical, you can be sure that the platforms which are using the software would be able to automate a variety of functions in order to reduce costs. This would open up a variety of opportunities for the platform which use this software in order to verify the data to present it in easy to use format.
The platform also has a final step before the data is presented as well. Thus, it would be especially useful in preparing smart contracts as well as executing them as well. The platform also has enhanced functionality in the e-commerce websites as well. This would ensure that the platform not only becomes more secure but the transactions can be conducted on the platform quite quickly as well.
Venzee is also planning to launch the platform on a wide scale in order to make the blockchain technology used for functions like big data as well. This would open up new range of applications for the blockchain technology as well as various platforms which use the blockchain technology.