How they describe themselves: Exate Technology protects sensitive data in order to allow for greater client trust with firms and to comply with both Brexit, as well as the EU General Data Protection Regulation (GDPR). Data is a valuable asset and Exate’s patent pending data middleware IT solution allows clients to apply rules which easily and effectively control how data is accessed and then reported through our blockchain. The same solution allows Exate to manage the flow of cross border data transfers with respect to Sovereign Data Walls.
How they describe their product/innovation: Unlike others, who have rebranded existing solutions to tackle GDPR, Exate’s solution was built from scratch with the intention of solving the major challenges of GDPR. To do this, Exate separate data security from application security. Exate’s data middleware solution allows clients to apply rules which easily & effectively control how data is accessed. By providing a “virtual visa for your data”, Exate’s solution enables the data to determine who can access it, thus we bring data protection closer to the data. Moreover, Exate provides immutable forensic proof of who accessed, or attempted to access, the data via our blockchain technology. Additionally, the same solution allows Exate to manage cross-border data transfers & AML checks.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Bus. Dev., Press & Sales: Jonathan Naismith, Business Manager, email@example.com