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A Secure Investment Opportunity “Solving” Data Authentication Privacy and Data

Jocelyn Aspa Jocelyn Aspa, The Market Herald
13 Comments| September 29, 2021

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Although the threat of data theft and cybersecurity attacks continues to plague the digital world, solutions to minimize the onslaught of data privacy for corporations and personal data continues to forge ahead.

This is where companies like SoLVBL Solutions Inc. (CSE.SOLV, Forum) come in. Based out of Toronto, Ontario, the Canadian company has been hard at work developing its Q by SoLVBL, a patented data authentication solution.

Q by SoLVBL provides speed and scalability, privacy by never seeing data, and is a cost-effective implementation and operation.

In a nutshell, the product is intended to be easy to use and adopt, is economically priced and provides digital record authentication at super high speeds. The company’s platform can be used for a wide range of cases, including digital payments, fraud protection and as a central authority to verify data repositories and a digital chain of custody.

The platform can also process more than 150,000 transactions per second and is designed to be safe and secure for digital payments for existing banking systems.

When you take all of that into consideration, SoLVBL Solutions’ platform packs a punch that sets it ahead of the rest.

In line with this, on September 14 the company announced that it received Notice of Allowance from the United States Patent and Trademark Office (USPTO) for its Q by SoLVBL solution, which puts it one step closer to approval and commercialization.

SoLVBL Solutions Notches Notice of Allowance from USPTO

Under Patent Application No. 16745,664, the notice of allowance from the USPTO now means the agency will officially approve the patent application once certain steps have been done.

Described as a method and system for authentication seal development in immutable transactions, this step signifies that the company’s Q by SoLVBL intellectual property is both unique and will be protected.

Once the company notches its patent application, it will enable the company to create attributes ranging from identity, attribution, integrity and completeness to confidentiality and portability.

“Building strong intellectual property protection around our assets is a key element of our value creation strategy. This new patent confirms the uniqueness of SoLVBLTM and its attributes of authenticating data at high-speed with confidence,” Raymond Pomroy, CEO of SoLVBL Solutions, said in a release. “We look forward to building on our patent portfolio as we continue to grow.”

SoLVBL in the news

In addition to the company’s notice of allowance from the USPTO, the company also recently received cryptographic test validation for the Q by SoLVBL platform.

In a press release, the company said independent test validations for the platform had been completed, which was done by Sonam Devgan Kaul, Ph.D., who is an independent cryptography expert, post doctoral cryptography researcher and an assistant professor at the University of Toronto.

According to the company, the cryptography test validation essentially means that using Q by SoLVBL means that data cannot be duplicated or forged without detection. This validation confirms the following assurances associated with Q by SoLVBL.

Pomroy said in the release that this step is integral in establishing Q by SoLVBL’s credentials.

“SoLVBL has successfully raised $4 million recently, which will fund its ambitious growth plans. The Company is actively adding to its talent pool as it continues to bolster its team. Ms. Kaul's analysis demonstrates Q by SoLVBLTM's pedigree in providing both a unique solution to data authentication and cyber security. SoLVBL believes, if you have data worth forging, you should be using Q by SoLVBL,” Pomroy added.

Investment corner

Since the company’s announcement confirming cryptography validation, shares of SoLVBL Solutions have soared over 42 per cent to C$0.14 as of market close on September 14.

At an already discounted share price for the vital work the company is doing, SoLVBL is vastly undervalued — although it is clear that investors are beginning to pay attention.

As the company marches towards its patent application and approval for Q by SoLVBL, investors won’t want to miss out on this exciting opportunity in a market that is in dire need of long-term security solutions.

For more information, visit solvbl.com.

FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.


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