Singapore
CyberVein is a Singapore-based startup established in 2017, with the mission of interconnecting the data that runs the world. Specializing in blockchain, information technology, internet, and payments, the company develops decentralized database solutions capable of storing large amounts of structured data on the blockchain, thereby eliminating the need for additional centralized storage providers. Offering the first Distributed Ledger System for managing complex data sets on the blockchain itself, CyberVein enables the decentralized querying, analysis, and manipulation of data while ensuring synchronization as a single source of truth.
CyberVein's smart-contracting language has been tailored to crypto-economic models, allowing for the definition of data value and incentivizing data trade as well as cross-industry information sharing. Its disruptive potential spans across a variety of sectors including research facilities, large organizations, smart cities, and providers of big data and machine-learning services. By creating an universal "Internet of Data," CyberVein seeks to interconnect entire industry databases, thereby enhancing the overall value and connectivity of human knowledge.
The startup's ultimate goal is to enable owners of vast data sets to monetize their information by making it publicly available on the blockchain or allowing third parties to segment and structure it, ultimately increasing the value of their databases. By bridging the gap between data ownership and accessibility, CyberVein presents a promising solution to the challenges posed by the proliferation of vast, complex data sets in today's digital landscape.
