Source - RNS
RNS Number : 6899K
Stankevicius MGM
30 August 2019
 

Stankevicius MGM review: Skipjack Corp Starts Zetanet Public Offering

 

Skipjack Technology will launch public ICO. The company is aiming to raise $1 Billion to fund its project called Zetanet: Blockchain 5.0 for Internet 2.0.

 

Skipjack technology plans to disrupt the internet market. Skipjack is currently developing a new internet protocol suite called Zetanet. A blockchain based internet protocol that allows a high speed, more secure and truly free network for everyone. With the help of Zetanet, Skipjack plans to take back the freedom within the internet space. A future in which data access is free and autonomous. It's an idea that the Zetanet's creator has been pushing to become a reality. An internet protocol that allows data to be owned by everyone.

 

With the current volume of data increasing every second, issues of data privacy being exploited and mishandled have risen. But the current concerns over privacy breaches and mishandling of data could be solved when a new internet emerges.

 

Zetanet Abstract - A real secure communication has long been an import issue in recent years. To protect ones privacy, encryption was invented to help owners encrypt the data into meaningless information to non-receiver in order to prevent leakage. Since zeta series encryption in Jack's Law provides more flexibility in information protection as it grows more attention, but effective methods are rare in this new research domain. In this blockchain 5.0 project, a multi-layered and authentication-enhanced scheme for information encryption based on Jack's Law was created and its application focuses on encryption and autonomous storage. The scheme encrypts the whole or parts of the data according to its owners' authorization by cryptography. Owners of the data can also specify their own permissions encrypted by hashing data based  on their own private key as a signature in the data by embedding the corresponding authentication codes into the encrypted data. Later, the receivers can extract the hidden authentication codes to judge whether the decrypted data is authentic. The design applied in Zetanet is to demonstrate the effectiveness of the proposed Jack's Law encryption scheme, and the conceptual framework for autonomous storage that can also be applied to other applications requiring information encryption especially in the new Internet 2.0 for blockchain.

 

Last December 19, 2018 the first phase of Zetanet project has been launched called encrypblock, a technology that help transfer encrypted data with lightning fast accuracy and security. Encrypblock is now ready to be used in financial technology and can process up to 1,000,000 transactions per second with a speed of 0.002 second.

 

The second application of Encrypblock knows as Voice over Zetanet (VoZ) is in Adoi. Adoi is a software that Skipjack created for the purpose of maximizing zetanet and Jack's Law encryption scheme.

 

This ICO will further help the development of the Zetanet technology and its infrastructures. A total of 2.1 Billion token will be released in public with a starting price of $0.50.

 

"I would like us to build a world in which I have control of my data, I own it and in the future we will have saved a lot of data storage. We'll be able to write apps which take cryptodata from different parts of my life, my friends' lives and families' lives. The information shared over the Zetanet will be so effortlessly interwoven into daily life that it will become invisible, flowing like electricity. The Internet of Things/Everything and Blockchain will be the biggest driver towards creating a Zetanet that is 'like electricity.' We're seeing the earliest commercial expressions of this trend with the Zetanet and soon to be released by late 2021" - Professor Dr Lord Jack Rahman.

 

Skipjack designed the world's leading post-quantum secure privacy-based on Jack's Law algorithm - powerful enough to thwart attacks from todays' and the futures' supercomputer. The Zeta series from Jack's Law is an enhanced security and privacy -preserving features to enable large transactions and transfer of data without risk of being hacked even by quantum computers.

 

Zetanet will be a significant leap forward in maintaining data security, autonomous storage, user privacy and integrity for blockchain technology as the race to build a powerful quantum computers gains momentum.

 

"It is also a post-quantum secure. That is, even in the existence of the future powerful quantum computer-which can easily break the current security algorithms such as RSA-Zetanet will still be secured, and user privacy remains preserved," - Professor Dr Lord Jack Rahman

 

"Blockchain 5.0 has a legitimate potential to change the world to create new foundations for economic and social systems, and a working for future quantum computer, in theory could break today's cryptography." He added.

 

Considering that its effort had been over a year in the works, Zetanet has been scrambling to fill the planned nodes on the Zetanet network and looking future partners to collaborate.

Skipjack Technology is a Singapore based company that focuses on improving and liberating the internet for everyone through the application of mathematical formula called "Jack's Law" named after Skipjack's CEO and Founder, Professor Dr Lord Jack Rahman. For more information about our project visit www.zetanet.io

 

 

About Skipjack Technology

 

Skipjack Technology is an internet 2 technology and global payments company working to enable consumers, businesses, banks and governments to use an innovative technology for more secure transactions. Skipjack believes that innovative financial solutions and an improved internet (or Internet 2.0) will be the driving forces in technological advancement, economic growth and social change.

 

With a team of world-class experts in development, engineering and science, Skipjack developed an entirely new encryption protocol called Superencrypblock and with it comes the new internet - Zetanet.

 

Encrypblock: The Future of Digital Transactions

 

Skipjack Technology began with the development of Jack's Law. Jack's Law is the observation that the number of network computing and data density doubles every two years.  It describes that connectivity, storage and speed will have significant improvements by changing the split protocol in the algorithm of data technology encryption. In application, Jack's Law can improve technology protocols in efficiency, design and connectivity solving the issue of storage, connectivity and speed of data.

 

With Jack's Law at its core plus the new mathematical idea of Digital Fibonacci and now name as Zeta series, Skipjack developed Superencryp block. Superencrypblock is the future of internet and financial technology applications.It is a global payment technology more than a Visanet,Swiftnet or blockchain. In financial world ,it is a real-time gross settlement system, currency exchange and remittance network. Superencrypblock Technology is built upon a zeta series internet protocol and with the encrypblock technology it gave birth further to supports a new digital currency name as Encrypcurrency which far beyond  than any cryptocurrency.

 

Superencrypblock is designed to be the new peer to peer digital financial transaction that offers greater security and accountability compared to existing digital currencies. Powered by Key Exchange Algorithm (KEA) and HMAC

 

Stankevicius MGM is not an investment advisor. Before investing consult with a professional investment advisor. This review is done based on business experience.

 

 

Media Contact

Neil Francis Portugal

Head of Communications & Public Affairs

Skipjack Technology Pte Ltd

 

[email protected]

 

Mobile: +63 917852 4011

 

Level 39, Marina Bay Financial Centre Tower 2,

10 Marina Boulevard

Singapore 018983

Office: +65 68186063

https://skipjackcorp.com

 


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