By William Croisettier, Venture Development Lead, R3
R3’s Venture Development program is now providing support and guidance to qualified startups looking to leverage Conclave, a new Confidential Computing platform from R3, to build privacy-protecting applications.
For the last year, R3’s Venture Development program has been the gateway into R3’ ecosystem for all early stage startups building on our blockchain platform, Corda. We’ve grown out the program to 500+ startups around the world, and have focused on helping those startups accelerate their time to market and grow their businesses in various ways:
Following our program’s success with startups building on Corda, we are excited to expand our offering to now include a Conclave focused track with dedicated Conclave technical and business development support.
Conclave is a revolutionary new platform that enables the development of solutions that securely pool and process sensitive data from multiple parties. Conclave-powered applications are so secure no one sees the source data without permission — not even the app builder. Conclave leverages the power of Intel® SGX, a trusted confidential computing platform and Trusted Execution Environment (TEE). It empowers developers to build confidential computing applications much more easily than before, because it lets them focus on building their application instead of the low-level architecture requirements of TEEs. While Conclave is a new offering from R3, it is synergistic with DLT in that both have a focus on data privacy and security. In fact, quite a few of the existing startups in our program are exploring how they can leverage Conclave in conjunction with Corda, especially for use cases that focus on sensitive data.
Conclave allows developers to build new products that deliver data privacy and analytics, such as:
As this is a new and emerging technology area, we are discovering new use cases every day!
We are actively growing the Conclave ecosystem — if you are a startup with a business model focused on data privacy and security learn more about Conclave here. If Conclave seems like it could be a good fit for your business, please feel free to reach out to us here, and explore how we can leverage the resources of the Venture Development program to help you build your Conclave application and grow your business.
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