Block_001 News and ongoing updates from JS Security
We have a lot of exciting things going on and are now ready to continuously start communicating events in the company in a new format.
Recently, great focus has been placed on development and dialogues with stakeholders, potential partners, and potential customers.
After months of hard work, we have built a long-term team that will drive our vision and product range forward.
We have very exciting information that we want to share with the market according to a previously communicated strategy. We have developed a process and a format that makes it easier for us to convey interesting and long-term value-creating information to our shareholders, analysts, and other stakeholders in the market.
With this, we are now launching a new news format called "Block_".
In accordance with our roadmap, we are working on and further developing our decentralized network where both individuals and companies can act as a storage unit, i.e. server/node in the network. This is in line with our vision that JS Security should not own the data stored in our network, but let the network be owned by what we call "Node Providers", also called society.
A node provider is a person/persons with e.g. a computer that chooses to rent/lend, anything between 20-100 GB of storage, and then allocates this to the network. This type of network structure is called "P2P", or "peer-to-peer".
At the end of this year, we will open up for "early access" to our application, to gather feedback, and let the market and customers thoroughly test our newly produced and upgraded services.
The next block, "Block_002" will be published on October 28, 2021.
For further information, please contact:
Christopher Ramstedt, Chief Operating Officer & Head of Investor Relations
About JS Security
JS Security is a Swedish blockchain-based cybersecurity group. The company's expertise lies in the development of advanced technological infrastructure and platforms based on blockchain technology. JS Security offers secure decentralized data storage and complementary applications primarily for B2B. The current customers are located in Scandinavia. JS Security has offices in Helsingborg and headquarters in Stockholm.
The company's shares are listed on Spotlight Stock Market.