We’re pleased to announce today the beta availability of our first product. We started Veriteos with the simple premise that it should be easy for anyone to take advantage of the revolutionary impact of blockchain — from design to implementation without the pain of manual deployment and infrastructure maintenance.

As developers ourselves, we were drawn very early to the concept of zero-trust security frameworks and were excited by the prospect of extending the utility of blockchain beyond cryptocurrency and into data security and privacy.

In the process of launching our original data product, we’d been spending an inordinate amount of time creating and managing our internal blockchain infrastructure whose function and integrity was critical to our business, while implementing frameworks and technologies we had little prior experience with. Wrestling with architecting and managing our own blockchain infrastructure wasn’t core to our product’s mission, and neither was solving its scaling pains as our product matured. Before we even wrote a single line of code, we realized we needed a toolset that would abstract away the process of building and maintaining the blockchain infrastructure allowing us to innovate on our product much quicker. Thus the very first version of what we’re launching today was born.

Example of a 6-node blockchain network managed in the Veriteos virtual private cloud (VPC).

Talking to fellow developers, it become quite evident that while there was much excitement over the promise of blockchain technology, there was also a high bar to entry in the complexity of deployment and ongoing infrastructure management. It was clear that this was a pervasive problem which was leading to increased development time and cost due to many people building what should have been common infrastructure — a problem we’ve set out to solve.

Veriteos is a managed private blockchain service, accessed via a set of easy-to-use REST API. It provides an interface to your data that is secure, traceable and immutable using the power of a secure private blockchain network managed by our team with experience in building and scaling distributed systems.

Within minutes of creating an account and a private API key, you can put a formerly non-traceable, unmonitored transaction stream into a private managed ledger.

Traceable: All access types are logged, including which authorized user accessed that piece of data, at what time and how often. Using the Veriteos API, you can also restrict access to the data very rapidly based on transaction history.

Immutable: Once a transaction is committed into the ledger, it cannot be modified in any way, so the ledger becomes a nearly unimpeachable source of truth.

Secure: As all activities including configuration changes are logged, it’s very difficult for a data breach or unauthorized access to go undetected. Users can identify data breaches in minutes, not days or weeks.

Veriteos is built on Hyperledger Sawtooth, offering the benefit of a robust and production-ready enterprise infrastructure while abstracting the complexities of building and managing your own blockchain, freeing you to do what you do best.

We are confident that the day will soon come where blockchain will be one of the core components in many software applications — just like relational databases, containers and virtual machines are indispensable parts of today’s modern web.

We’re excited about the prospect of democratizing access to this technology for everyone.

To all the builders (and aspiring ones), we can’t wait to see what you will create next!

To get an invite to our private beta, please sign up here.