QLC Chain and DYXnet signed a letter of intent to build decentralized privacy management infrastructure for enterprise adoption in Hong Kong. QLC Chain has developed Confidant, a decentralized PMI(Privacy Management Infrastructure) that features encrypted IM, email, file transfer, and sensitive data encryption management functions.

Different from traditional PKI (Public Key Infrastructure) solutions, Confidant has the advantage of decentralization which prevents single point attacks. Both QLC Chain and DYXnet agree that Confidant’s advanced public/private key distribution and management system has the potential to harvest the enterprise secure communications market, as it provides a higher level of privacy and security compared to the existing market solutions.

Established in 1999 and headquartered in Hong Kong, DYXnet Group is Greater China’s leading carrier-neutral network service provider. It offers MPLS (Multiprotocol Label Switching ) based VPN network, Software-Defined WAN (SD-WAN), Internet access, data center and network security solutions to enterprise clients via a provisioning capability in many cities throughout Greater China and the wider Asia Pacific region. DYXNet’s annual revenue is more than 1 billion RMB.