Blockchain

Aleph Zero Joins CAMARA as the First Blockchain Organization

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    Brussels, Belgium, September 6th, 2024, Chainwire

     

    Aleph Zero will work alongside the world’s largest telecommunications organizations to help to develop standardized blockchain APIs for the industry

    Aleph Zero, a blockchain ecosystem engineered for speed, data confidentiality, and ease of development, has officially joined the CAMARA Foundation as a General Member. This strategic move marks a significant step towards integrating advanced blockchain technology with global telecommunications standards, particularly in the realm of Decentralized Identifiers (DIDs).

    As a General Member, Aleph Zero will work closely with global telecom and tech leaders within CAMARA to develop and contribute to blockchain-specific initiatives. A key focus of this collaboration will be the Blockchain Public Address API, which has the potential to revolutionize how users interact with blockchain technologies through their mobile devices.

    The CAMARA Project, launched in 2021 under the Linux Foundation and GSMA, aims to create standardized APIs for telecommunications networks. This initiative is designed to simplify network complexities and provide seamless access to network capabilities across different operators and countries. A cornerstone of this effort is the Blockchain Public Address API, which was initiated in June 2023 and is currently in version 0.1.0. The CAMARA Project now includes over 230 companies – including Deutsche Telekom, stc, Vodafone and Telefónica – and 650 individual participants.

    This API allows for the management of blockchain addresses associated with phone numbers, offering features such as retrieval of blockchain public addresses linked to phone numbers, and the binding and unbinding of these addresses. By utilizing blockchain public addresses as Decentralized Identifiers (DIDs), the API enables telecom service providers to offer third parties the capability to pair phone numbers with blockchain addresses, thereby simplifying transactions for end-users.

    Aleph Zero’s expertise in zero-knowledge proofs and privacy-preserving technologies will contribute significantly to the further development and refinement of the group’s blockchain-related solutions.

    Antoni Zolciak, co-founder at Aleph Zero, said: “The integration of blockchain technology into mainstream infrastructure is accelerating at an unprecedented rate. Forward-thinking organizations across various sectors are recognizing the transformative potential of distributed ledger technologies. We’re looking forward to collaborating with various members of the Foundation and contributing to the telecommunications APIs from a blockchain standpoint.”

    Aleph Zero, known for its cutting-edge blockchain ecosystem, offers secure, scalable, and privacy-focused solutions for Web3 applications. With its zkOS and EVM Layer 2 network, Aleph Zero continues to push the boundaries of blockchain technology, focusing on privacy, scalability, and interoperability. Aleph Zero recently launched its EVM-layer, an exceptionally fast and efficient blockchain, boasting a block time of up to 250 milliseconds with near-instant transaction finality.

    For more information about the CAMARA Project, visit https://camaraproject.org/

    About Aleph Zero

    Aleph Zero is an ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via highly optimized Zero Knowledge Proofs, and offers a comprehensive toolset for development across web3 that range from WASM to EVM environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero programs.

    For all media inquiries, users can contact josh@serotonin.co

     

    Contact

    PR Manager
    Josh Adams
    Aleph Zero
    josh@serotonin.co

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    Penetration Testing as a Service Market Research - Global Forecast to 2029

    2024-09-17T13:02:41Z

    Dublin, Sept. 17, 2024 (GLOBE NEWSWIRE) -- The "Global Penetration Testing as a Service Market by Offering (Solution and Managed Services), Organization Size, Testing Types, Verticals (BFSI, Healthcare, IT & ITeS, Telecommunications, Retail & E-Commerce, Manufacturing, Education) - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.

    The Global Penetration Testing as a Service market size is projected to grow from USD 118 million in 2024 to USD 301 million by 2029 at a CAGR of 20.5%

    The growth of the Penetration Testing as a Service (PTaaS) market globally is fueled by several key factors. Cyberattacks' increasing frequency and sophistication have heightened the need for robust security measures, prompting organizations to seek proactive solutions like PTaaS. Growing regulatory and compliance requirements across industries mandate regular security assessments, further driving demand.

    The widespread adoption of digital transformation initiatives, including cloud computing and IoT, has expanded the attack surface, necessitating continuous and comprehensive security testing. Additionally, the rise of remote work has increased the complexity of securing distributed networks, making PTaaS an essential tool for maintaining a security posture. The cost-effectiveness, scalability, and flexibility of PTaaS solutions also make them attractive to organizations of all sizes, contributing to the market's rapid expansion.



    The market's expansion is fueled by the increasing frequency and sophistication of cyberattacks, which drive the need for proactive security measures. Regulatory and compliance requirements necessitate regular security assessments, boosting demand for PTaaS. Adopting digital transformation initiatives like cloud computing and IoT expands the attack surface, requiring continuous and comprehensive security testing. Additionally, the rise of remote work has complicated network security, making PTaaS essential for maintaining a robust security posture. The scalability, cost-effectiveness, and flexibility of PTaaS solutions further contribute to their growing adoption across organizations of all sizes.

    By testing type, the cloud testing segment will grow at the highest CAGR during the forecast period

    The cloud testing segment is expected to achieve the highest CAGR in the PTaaS market during the forecasted period due to several compelling reasons. The rapid adoption of cloud computing by businesses across various industries has significantly expanded the digital attack surface, increasing the need for robust security measures to protect sensitive data and applications hosted in the cloud. Additionally, the complexity of cloud environments, which often involve hybrid and multi-cloud architectures, presents unique security challenges that require specialized testing.

    As organizations migrate critical workloads to the cloud, ensuring compliance with regulatory standards and maintaining data integrity becomes paramount, further driving the demand for comprehensive cloud penetration testing. Moreover, cloud services' dynamic and scalable nature necessitates continuous and automated security testing to keep pace with the evolving threat landscape. These factors collectively contribute to the accelerated growth of the cloud testing segment in the PTaaS market.

    By vertical, the BFSI segment will grow at the largest market size during the forecast period

    The BFSI sector is a prime target for cyberattacks because it handles vast amounts of sensitive financial data, making security a top priority. Stringent regulatory requirements and compliance standards, such as PCI DSS, GDPR, and SOX, mandate regular and thorough security assessments to protect customer information and financial transactions.

    Additionally, the increasing adoption of digital banking, mobile payments, and fintech innovations has expanded the digital attack surface, necessitating advanced penetration testing services to identify and mitigate vulnerabilities. The high stakes associated with data breaches and financial fraud further drive BFSI institutions to invest heavily in robust PTaaS solutions to safeguard their operations and maintain customer trust. These factors collectively contribute to the dominance of the BFSI segment in the PTaaS market.

    The report provides insights on the following pointers:

    • Analysis of key drivers (Increasing cyber threats and security breaches, Regulatory and compliance requirements, Digital transformation with the adoption of cloud services and IoT devices, and Shift towards remote work), restraints (High costs and budget constraints and complexity in integration with existing security workflows), opportunities (Technological advancements and automation, Expansion into new verticals, and Alignment of PTaaS with DevSecOps practices), and challenges (Balancing automation and human expertise, Maintaining data confidentiality and security, and Lack of skilled security professionals).
    • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and product & service launches in the PTaaS market.
    • Market Development: Comprehensive information about lucrative markets - the report analyses the PTaaS market across varied regions.
    • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the PTaaS market.
    • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Synack (US), HackerOne (US), Synopsys (US), Intervision (US), Edgescan (Ireland), among others, in the PTaaS market strategies.

    Key Attributes:

    Report AttributeDetails
    No. of Pages304
    Forecast Period2024 - 2029
    Estimated Market Value (USD) in 2024$118 Million
    Forecasted Market Value (USD) by 2029$301 Million
    Compound Annual Growth Rate20.5%
    Regions CoveredGlobal


    Companies Featured

    • Synack
    • Hackerone
    • Synopsys
    • Intervision Systems
    • Edgescan
    • Bugcrowd
    • Guidepoint Security
    • Trustwave
    • Cobalt
    • Netspi
    • Veracode
    • Yogosha
    • Software Secured
    • Raxis
    • Vumetric Cybersecurity
    • Nowsecure
    • Breachlock
    • Astra Security
    • Strobes Security
    • Pentest People
    • Rootshell Security
    • Safeaeon
    • Immuniweb
    • Cyberhunter Solutions

    For more information about this report visit https://www.researchandmarkets.com/r/vx55la

    About ResearchAndMarkets.com
    ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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