TiesNetwork Is Now TiesDB
TiesNetwork – the maker of the first of a kind decentralized public database has changed its name to TiesDB and moves to a new domain www.tiesdb.com to focus on development and the launch of it’s database product.
TiesDB will focus on developing and launching the first public, decentralized distributed database created by members of cryptocommunity for the cryptocommunity. This B2B product will store non-financial data.
TiesDB database product can store terabytes of non-financial data, and conduct quick searches in it. The new product is focused on the most acute needs of IT and crypto community. TiesDB is a decentralized solution, which means that its servers are public.
— Ties.DB (@tiesnetwork) February 6, 2018
“By renaming ourselves TiesDB, part of a larger rebranding effort, we stress the importance of the rapidly evolving decentralized application market and meet the demand to store non-financial data,” said Alexander Neymark, co-founder and CEO of TiesDB. “We are thrilled to be able to be the first vendor to offer the crypto-community the long-anticipated database product, as we are getting ready for its alpha release in the second quarter of 2018.”
— Ties.DB (@tiesnetwork) February 5, 2018
Developing a database for the crypto-community is the cornerstone of TiesDB product map as described in the TiesDB white paper. As the database product development accelerated, the team published a “yellow paper,” where TiesDB engineering team provided the technical and mathematical model of the database product.
TiesDB founders and the project team focused on accelerating TiesDB database as a unique infrastructural solution for the burgeoning market of decentralized applications and blockchain-based businesses. The acute need for a public decentralized database in crypto and IT community is part of increased demand for cloud hosting services.
TiesDB is applying the funds generated during the token generation event towards an accelerated launch of the finished TiesDB database product. TiesDB alpha version is to be completed in Q2 2018.
TiesDB will expand its partner network and open a TiesDBoffice in New York to deliver the efficiencies from deploying the novel, reliable and effective database offered by TiesDB.
“We want for the entre crypto-community to know that now we have a single unrelenting focus – a TiesDB database,” said Neymark.
TiesDB is an independent software provider and the maker of the first public, decentralized, distributed NoSQL database, TiesDB. TiesDB is Byzantine fault tolerant.
TiesDB, formerly known as Ties.Network, was founded by Alexander Neymark and Dmitry Kochin. Alexander Neymark has been launching and developing financial services for banks and telecommunications companies since 2000. In 2012, he began creating a platform for aggregating financial user data (account aggregation technology), which was implemented in the final development of Krawlly. Dmitry Kochin has extensive experience in IT. He holds a PHD in Technical Sciences and has been a serial entrepreneur in the IT sector since 2005. Dmitry has been involved in a variety of software projects related to payment processing, account aggregation, computer telephony and even financial services within online games. In October 2017, Ties.Network held a Token Generation Event, which raised over $9.5 million, and distributed over 59 million tokens.
For more information, please, visit www.tiesdb.com