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Friday, December 3, 2021
Home News CapLinked Partners With Storj Labs, Moves Enterprise Document Management to Blockchain Technology

CapLinked Partners With Storj Labs, Moves Enterprise Document Management to Blockchain Technology

CapLinked, an enterprise solution for secure enterprise sharing, today announced a partnership with Storj Labs, a decentralized cloud storage provider, to host confidential business documents and transactions using blockchain technology.

The partnership marks a milestone as the first time that an enterprise file sharing service will offer its clients the option to leverage a decentralized peer-to-peer network to store files. Storj’s developer community will also be able to use CapLinked’s sophisticated file permission and security features when building custom applications.

CapLinked’s software has been used to share millions of files with confidence. The company was founded by Eric M. Jackson (PayPal’s first head of US marketing) and Christopher Grey (former private equity and investment banking executive), and its investors include Peter Thiel, FF Angel, 500 Startups, Joe Lonsdale and Indicator Ventures. CapLinked’s software allows clients to protect, track, and recall access to files sent to outside parties for mergers, licensing deals, financings, audits, and other projects. Its clients include Ernst & Young, DaVita Healthcare Partners, Roche, Hess, FTI Consulting, Brookline Bank, and LendingClub.

CapLinked users setting up virtual data rooms, sharing data and working on other multi-company projects will be able to choose the option to store their files in Storj’s decentralized platform, offering a first-of-its-kind alternative to traditional centralized cloud storage. CapLinked will also make its permission controls and digital rights management (DRM) tools available to the developer community building applications on top of Storj’s technology. To coincide with the announcement, CapLinked is releasing an open-source NodeJS (javascript) module that applies customized watermarks to files stored on the Storj network. The code can be accessed in CapLinked’s Github repository.

“Storj is pioneering a revolutionary new way to securely store files,” said CapLinked CEO Eric M. Jackson. “Decentralized and blockchain-based technology has the potential to make business software faster, safer, and more reliable. We’re excited to offer CapLinked’s permission controls and security features to developers who are building applications on top of Storj’s platform. We also look forward to offering Storj’s decentralized solution as an upcoming storage option for CapLinked’s customers.”

“For organizations like CapLinked, whose customers demand the highest levels of security, Storj’s decentralized network provides the peace of mind needed to secure the most sensitive data,” said John Quinn, Storj Labs co-founder and Chief Revenue Officer. “Encryption and decentralization are an excellent combination that ensure data can only be accessed by file owners and those they give permission. We are happy to welcome CapLinked users to the growing Storj community.”

CapLinked’s partnership with Storj will create an additional layer of security for its customers. Storj encrypts, shreds, and distributes data pieces across its global network and provides only the customer with an encrypted access key. This process along with a large decentralized network prevents security breaches. To ensure CapLinked users can retrieve data in the event someone goes offline, Storj has built-in redundancy and uses an algorithm to rebuild whole files from its remaining parts. By leveraging Storj Labs’ decentralized cloud storage platform, users can take advantage of the network’s inherent security benefits over legacy solutions.

More information about CapLinked can be found at www.caplinked.com.

To learn more about Storj Labs, see storj.io or visit here to rent your unused hard drive space.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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