In the evolving landscape of data storage, Punxfil Pte Ltd engaged on a groundbreaking decentralized storage project based on the IPFS and Filecoin blockchain protocols, by porting enterprise data from the traditional confines of AWS Glacier to a distributed ledger archival data system. This initiative leveraged blockchain technology to enhance security and accessibility, while significantly reducing costs associated with data archiving. By transitioning from AWS Glacier’s secure, durable, and low-cost storage solution which ensures data encryption both in-transit and at-rest using AES-256 encryption standards, the project aims to provide an even more robust and cost-effective approach. The decentralized model offers unparalleled data redundancy and integrity, as it distributes data across a network of nodes, ensuring that enterprise data is not only preserved against data loss but also protected against centralized points of failure. This paradigm shift represents a significant step forward in enterprise data management, promising to redefine the standards of data security and availability in the cloud storage industry.

Filecoin and IPFS protocols

Build a Digital Asset Custodian

The financial industry is witnessing a significant transformation as traditional custodian services evolve into hybrid models that incorporate the custody of cryptocurrencies and digital assets. This shift reflects the growing recognition of digital assets as legitimate and valuable components of investment portfolios. Traditional custodians, who have long been the gatekeepers of assets such as stocks, bonds, and commodities, are now expanding their services to include the safeguarding of digital currencies and tokens. This hybrid approach not only broadens the scope of assets under management but also introduces new layers of complexity in terms of security, regulatory compliance, and technological infrastructure. As the market matures, these hybrid custodians are poised to play a pivotal role in bridging the gap between the established financial world and the burgeoning realm of digital finance, providing investors with a seamless and secure experience across a diverse range of asset classes. We can help you building one at a minimal cost with multi-sig security.

Solidity Smart Contracts for EVM Chains

Creating smart contracts for clients using Solidity offers a versatile and secure way to engage in blockchain transactions across various platforms. Solidity, the primary language for Ethereum smart contracts, is also compatible with other EVM (Ethereum Virtual Machine) blockchains like Filecoin, Avalanche, and more. This compatibility allows for the development of contracts that can be deployed on multiple networks, providing clients with a broad reach and flexibility. Smart contracts written in Solidity are self-executing contracts with the terms of the agreement directly written into code. They facilitate, verify, and enforce the negotiation or performance of a contract, automating complex processes and reducing the need for intermediaries. As blockchain technology continues to evolve, the use of Solidity for creating smart contracts ensures that clients can leverage the benefits of decentralized finance and other blockchain applications across a diverse ecosystem of platforms. Our programmers can help you!

Artificial Intelligence and Web3 Converge

The integration of Artificial Intelligence (AI) and Large Language Models (LLMs) in the blockchain industry is a transformative development that is accelerating the growth and adoption of decentralized internet technologies. LLMs, with their advanced natural language processing capabilities, are being utilized to enhance blockchain security, providing tools for smart contract auditing, identity verification, and anomaly detection. These models can analyze vast amounts of data with human-like understanding, enabling more efficient and secure blockchain operations. Moreover, AI-driven interfaces are bridging the gap between complex blockchain technologies and user-friendly applications, potentially leading to mass adoption by simplifying interactions and making blockchain more accessible to a broader audience. The convergence of AI and LLMs with blockchain is not only optimizing existing processes but also paving the way for innovative applications that could redefine the digital landscape. Contact us to achieve your A.I. potential.