Everything Blockchain, Inc.’s Next Generation Database Demonstrates Capabilities to Underpin Supply Chain and Logistics Networks

Rhea-AI Summary

Everything Blockchain Inc. (OTCMKTS: EBZT) announced its innovative BuildDB, a next-gen database aiming to enhance supply chain visibility and data management. The solution leverages blockchain and AI to streamline data retrieval and establish a chain of trust across industries. A survey indicated that 67% of supply chain leaders have adopted digital dashboards for visibility, significantly reducing disruptions. EBI asserts that BuildDB's features can benefit various sectors, including transportation and healthcare. The product is now available on the Amazon Web Services Marketplace, and EBI plans to showcase it at the upcoming RSA Conference in April 2023.

Positive

• Launch of BuildDB enhances supply chain visibility and data management.
• BuildDB leverages blockchain and AI, improving data retrieval performance.
• Availability on AWS Marketplace expands product reach and market access.

Negative

• None.

BuildDB provides the building blocks upon which to control transparency and establish a chain of trust across industries

Jacksonville, Florida, March 20, 2023 (GLOBE NEWSWIRE) -- Everything Blockchain Inc., (OTCMKTS: EBZT), a technology company that is blending blockchain, DBMS and Zero Trust to deliver disruptive new ways to store, manage and protect data, addresses supply chain requirements for immutable, end-to-end visibility of data. 

The supply chain and logistics sector is making a significant shift in how supply networks are managed. A survey of global supply chain leaders taken Mar 28-Apr 19, 2022 by McKinsey reported “67% of respondents have implemented digital dashboards for end-to-end supply chain visibility. And those companies were twice as likely as others to avoid supply chain problems caused by the disruptions of early 2022.”
BuildDB, EBI’s next generation database is superior in providing supply chain markets and logistics environments with the foundation to build end-to-end (E2E) visibility throughout entire supply networks. BuildDB's advanced and innovative blockchain architecture eliminates  the need for indexes by leveraging AI to significantly reduce data retrieval times based on user-defined query patterns used to pre-fetch data. BuildDB is the only blockchain-enabled architecture that supports query and filter functions,as well as  advanced aggregate functions. BuildDB's architecture delivers unprecedented superior performance, immutability and zero trust data security.

With this foundation, supply chain and logistics companies are able to build custom applications which allow  for control of transparency throughout their supply chains.  These applications  establish a chain of trust to immutably record and trace ownership and material history from origin to delivery. BuildDB is available on the Amazon Web Services (AWS) Marketplace.

“Through BuildDB, we, at EBI, are changing the way the world’s top enterprises interact with data and how they leverage their data,” said Toney Jennings, CEO, EBI. “We are enthusiastic about the opportunities and possibilities to thrive in the near-term and the future of  supply chain and logistics markets. Equally, we anticipate that the opportunities and possibilities for BuildDB are industry universal and will benefit other industries such as transportation, hospitality, healthcare and defense.  As such, we are proud to establish successful partnerships across the global enterprise.” 

EBI will be present onsite at the RSA Conference in San Francisco, California, April 24-27. If you’re interested in connecting with us to learn more about Build DB, as well as our other innovative offerings,  we look forward to meeting with you.  Contact us at your convenience.

For more information about EBI, visit everything blockchain.io.

About Everything Blockchain Inc.
Everything Blockchain, Inc. (OTCMKTS: EBZT) envisions a future where every transaction is trusted and blockchain is used to meet ESG goals, support cities of the future, build and control the transparency of supply chains and ensure the rights of data ownership sustain forever. The company’s patent-pending advances in blockchain engineering deliver the essential elements needed for real-world business use: speed, security, and energy efficiency. Current sub-brands include: EB Advise, EB Build and EB Control. For more information, please visit https://www.everythingblockchain.io/.

About Vengar Technologies LLC
Vengar Technologies, LLC, an Everything Blockchain Inc. company, is a pioneer in bringing zero-trust concepts to data security. The company’s solution, EB Control, merges military-grade encryption, multi-factor authentication, geofencing, time-fencing and data rights management (DRM) technologies to provide users with perpetual control of their data whether stored or shared. EB Control’s intuitive, simple platform empowers users to take back control of their data security. Forever. For more information, please visit:  https:/www.ebcontrol.io/

Forward Looking Statements
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of blockchain and zero trust- based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

FAQ

What is the purpose of BuildDB developed by Everything Blockchain Inc.?

BuildDB is designed to enhance supply chain visibility and data management through blockchain and AI technologies.

How does BuildDB improve data retrieval for supply chains?

BuildDB eliminates the need for indexes and significantly reduces data retrieval times by leveraging AI and user-defined query patterns.

When will Everything Blockchain Inc. showcase BuildDB?

EBI will showcase BuildDB at the RSA Conference in San Francisco, California, from April 24-27, 2023.

Where can BuildDB be accessed?

BuildDB is available on the Amazon Web Services Marketplace.

What sectors could benefit from BuildDB besides supply chains?

BuildDB could also benefit industries such as transportation, hospitality, healthcare, and defense.