Photo - AISecure Connect
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AISecure Connect

AI, BLOCKCHAIN, CYBER SECURITY

Belarus, Minsk Region
Market: Internet and IT, Computers, office equipment, Blockchain, Artificial Intelligence, Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 05.07.2020
Min investment
$  500.000
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Total required
$ 2.500.000
Rating
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Idea

Secure Corporate Messenger and transfer Data protection Technology. The technology has filed a patent application for an invention in the USA. Prototype and technology development was in partnership with Transdata AS Norway. A technology has also been developed to protect transmitted data based on AI using blockchain technology that is resistant to Quantum Computing.

Current Status

Product prototype at MVP level. A patent application has been filed in the US for a new technology, which is tested on a prototype in the form of a messenger.

Market

Messengers, financial institutions, banks, government agencies, data centers, military structures.

Problem or Opportunity

At the moment, several types of data protection are used, the first asymmetric encryption, which is the simplest, but extremely unstable and unreliable with the advent of quantum computers and symmetric encryption, the main vulnerability of which is the transmission data in one form or another of the encryption key over the network from sender to receiver. Reliable protection of data transmission is required, taking into account in the near future changes associated with the advent of widespread access to quantum computers.

Solution (product or service)

We offer a solution that can be used not only in messengers, but also with some refinement in any other data transmission sources in any systems, especially those related to financial markets, banks, state or military structures.
All solutions related to the data encryption process will be made by AI in the form of self-learning neural networks, the data network itself will be based on the blockchain. This technology will not use the transmission data of encryption keys over the network, the most resistant to quantum computing symmetric encryption keys will be used, which will be randomly selected by AI and changed during the data transfer session.
This technology can be applied both in conventional messengers and in other data transfer systems after developing a special API for them.

Competitors

As far as we know, most modern messengers use asymmetric data encryption. Any existing systems using symmetric encryption transmit the encryption key in one way or another over the network.
Neurocryptography is a fairly new direction and does not yet have working solutions or well-known applications or products in this area due to the difficultly solved task of synchronizing neural networks.
An alternative to this technology may be encryption algorithms based on post-quantum cryptography, but they are still in development and it is not clear how the process of their application and implementation will end, whether they can solve the problem of protection from quantum computing.

Advantages or differentiators

The product that is proposed to be finalized, as well as all new products, will be based on a new, patented technology that is not yet used anywhere in the world. There is already a working prototype, an application for patenting this technology has been filed in the USA.

Finance

Revenues:
Sale of products based on patented technology.
Selling an API with the specified technology for embedding in third-party products.
Sale of rights to use patents in third-party products or developments, it is possible to sell patents in part or all of the rights to them.

Expenses:
Refinement of technology based on one working product or to the level of a universal API.
Rent, salary to developers, taxes.
The costs of further patenting and covering more and more regions.

Money will be spent on

Opening a company, finalizing a messenger product based on the declared technology, creating a universal API for other products, patenting technology in other regions (Europe, Asia, China and others).

Offer for investor

We are ready to discuss the participation of investors in personal meetings or negotiations.

Risks

Refusal to patent this technology. In addition to asymmetric encryption, new quantum computers will be able to crack symmetric encryption.

Won the competition and other awards

The author of this technology Timofey Mochalov has three patents in Russia in the field of information technology and 20 years of experience in the IT business.
The second member of the team, Michael Jacobsen (has been involved in security issues for 20 years), runs Transdata AS Norway, the company has been dealing with security issues in the European market for more than 11 years.

Invention/Patent

Patent application filed in US for invention.
Application Number: 16892319
Title of Invention: METHOD FOR PROTECTING DATA TRANSFER USING NEURAL CRYPTOGRAPHY
First Named Inventor/Applicant Name: Timofey Mochalov
Receipt Date: 04-JUN-2020

Photos

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Photo 2 - AI, BLOCKCHAIN, CYBER SECURITY
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
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