YouBase and Toda-Algorand Announce Collaboration

ENGLEWOOD, Colo., Feb. 1, 2018 /PRNewswire/ -- YouBase, Inc. (http://www.youbase.io) announced today they are teaming up with Toda-Algorand, Inc. to provide people with access and control of their life data. YouBase offers blockchain-independent tools for structured data, making it easier to build blockchain-compatible apps that support a user's personal control and privacy. Toda-Algorand is providing a layer-zero technology enabling blockchains to scale at very low cost to help bring the promises of the technology to fruition for all.

"We only work with credible folks that add true innovation to the industry," said Toufi Saliba, CEO of Toda-Algorand. He added "YouBase adds a missing piece to the puzzle by using BIP32 wallet as a core component of a blockchain-agnostic framework for structured data. YouBase has a very effective set of tools, with more exciting releases coming in the months ahead. YouBase is inline with our mission towards global prosperity and frictionless value exchange. It's great to have them part of our family."

"Toda-Algorand is taking truly innovative approaches with applied cryptography to create solutions that scale. We look forward to working with some of the best minds in cryptography at Toda-Algorand, creating user-centric governance that empowers individuals," said YouBase CTO Josh Robinson.

Having data and value combined in one architecture is key to the team's shared mission. Just as it took new protocols and databases to create the World Wide Web, YouBase is creating data solutions that are compatible with both emerging blockchain protocols like Toda-Algorand and current storage infrastructure. In beta for the past year, the YouBase 1.0 framework will be released in coming months.

About YouBase, Inc.
--Headquartered in Englewood, CO, YouBase enables a world where people have complete control over their life data. By creating tools that are easy to use & integrate, YouBase is paving the way for a future-proof approach to storage & management of data around individuals. YouBase continues to build a world-class team, including executives, investors, and advisors who are leaders across digital health, technology and blockchain. To learn more, visit https://www.youbase.io/.

About Toda-Algorand, Inc.
--Headquartered in San Francisco, CA, Toda-Algorand, Inc. is a joint venture between Toda Corp. and Algorand, Inc. created to build a new foundation for Blockchains. At the core of Toda-Algorand is the Toda Protocol at layer zero (just like TCP/IP for the internet), or Toda-T, an ITU-T standard. Algorand ledger works as a preferred efficient ledger Layer 1. Toda Corp. is led by Toufi Saliba (CEO of Toda-Algorand and serial tech-founder whose last startup became an Intel company, and prior to that built startups and IP resulting in acquisitions by Google, HP and Opentext) Dann Toliver (NASA, F500), Todd Gebhart (former co-president McAfee, Vice Chairman Intel Security), and Lila Tretikov (former CEO Wikimedia, Bank of America, Forbes 100 Most Powerful Women). Algorand was authored by Toda-Algorand partner Silvio Micali, a Turing Award Winner and professor at MIT.

SOURCE YouBase, Inc.

Related Links

youbase.io