Krista Software Adds Global Risk and Compliance (GRC) Private Blockchain Support with Rubix Through New Strategic Partnership

WASHINGTON–(BUSINESS WIRE)–Krista software is delighted to announce a new partnership with Rubix Blockchain Pte Ltd (Rubix), an innovative layer-1 green blockchain protocol for data transfer and peer-to-peer transactions. Krista and Rubix provide a no-code experience for securely storing data and documents on a private Rubix blockchain at a fraction of the cost of leading blockchains.

Rubix’s parallel processing blockchain network is built on “Proofchains”. Unlike all other blockchains, Rubix Proofchains are energy efficient and environmentally friendly. Both Bitcoin and Ethereum require each node to store the entire global state. By keeping a large amount of data in each individual node, these blockchains inefficiently store contracts and other sensitive corporate documents, inflating costs and complicating governance and compliance issues. Whereas with Rubix each node can be in a private subnet, but still add up to a global public state. This helps improve privacy, immutability, global provenance, and efficiency.

“Blockchain helps build effective global risk and compliance (GRC) strategies that prove that data and documents have not been tampered with. Krista has partnered with Rubix to leverage its unique architecture to simplify technology access, reduce costs, and transform the blockchain economy,” said Luther Birdzell. , VP of Solutions and Chief Data Scientist at Krista Software.

“Even traditional blockchains can’t power global transactions at the scale, speed, and low cost needed to accelerate our transition to Web3,” said KC Reddy, Founder and Chief Architect of Rubix. “Rubix is ​​built to overcome these issues. We are proud to partner with an industry leader like Krista Software to bring our industry-leading blockchain solutions to industries around the world ranging from healthcare, gaming, real estate, banks and financial companies.”

About Rubix

Rubix is ​​a layer 1 blockchain protocol for data transfer and peer-to-peer transactions. Present in Singapore, India, UK, UAE and USA, Rubix is ​​a web-scale protocol with no transaction fees, minimal infrastructure costs and security and privacy high. With less than 1 kWh per transaction, Rubix has one of the lowest power consumptions of any computer network. Users can download Rubix software to any PC or virtual machine. The Rubix community has over 12,500 validators. https://rubix.net.

About Krista Software

Krista Software develops the AI-driven intelligent automation platform, Krista. Krista enables enterprises to automate end-to-end business processes by elegantly orchestrating people, applications, and AI. Krista uses natural language processing and machine learning to personify legacy systems allowing users to “ask Krista” for a business outcome. For more information on how Krista is enabling digital transformations and changing the way people consume technology, visit Kristasoft.com.

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