QEDIT Announced as Technology Pioneer by World Economic Forum

  • The World Economic Forum has announced its selection of the 56 most promising Technology Pioneers of 2019 who are shaping industries from agriculture and cleantech to modern policing and many more. 
  • Companies were selected for their potential to “transform their industries” and “improve society for years to come,” Fulvia Montresor of the World Economic Forum said. 
  • QEDIT, an enterprise solution for preserving data privacy using Zero-Knowledge Proofs, made it to the selection for its contributions in the field of data privacy. 
  • The full list of recognized Technology Pioneers can be viewed here

 

Tel Aviv, Israel July 1, 2019QEDIT, an enterprise solution for preserving data privacy using Zero-Knowledge Proofs, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. The QEDIT protocol, based on zero-knowledge proof cryptography can be built on top of any public or permissioned blockchain. QEDIT’s privacy solution  helps banks to ensure confidentiality when transferring assets on decentralized networks, and also enables companies to set up supply chain management systems with their whole ecosystem, while preserving confidentiality. 

 

The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. 

 

This year’s Tech Pioneers are emerging innovators from a diverse set of industries. These firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The focus areas of this year’s Tech Pioneers include: agtech, smart cities, cleantech, supply chain, manufacturing, cybersecurity, autonomous vehicles and drones. The diversity of these companies extends to their leadership as well, as 25% of 2019 Tech Pioneers are female led. The firms also come from many different regions beyond the United States and Silicon Valley. In fact, this year’s class of 56 firms represent every continent except Antarctica. The full list of technology pioneers can be found here

 

Following its selection as Technology Pioneer, Jonathan Rouach, CEO and Co-founder of QEDIT will be participating in the World Economic Forum Annual Meeting of the New Champions. This meeting, also dubbed “Summer Davos” will be held in Dalian, China, July 1-3. Many Pioneers will also attend the Annual Meeting in Davos, in January 2020, and continue to contribute to Forum initiatives over the next two years.  

 

“We’re excited to welcome QEDIT to this year’s innovative class of technology pioneers,” said Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “QEDIT and its fellow pioneers are leaders in using novel technologies to transform their industries. We see great potential for these next generation companies to shape solutions to global challenges and improve society for years to come.”

 

Jonathan Rouach, CEO and Co-founder of QEDIT, said, “Being recognised as a technology pioneer by the World Economic Forum represents a significant seal of approval for our platform, underlining the credentials of our enterprise solution for preserving data privacy. Today is the latest milestone on our journey to enable secure collaboration between companies using sensitive data, and to power global adoption of advanced privacy technologies among enterprises.”

 

The Technology Pioneers were selected by a selection committee of more than 59 academics, entrepreneurs, venture capitalists and corporate executives. The committee based its decisions on criteria including innovation, potential impact and leadership. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, Twitter and Wikimedia. 

 

# # #

 

All info on this year’s Technology Pioneers can be found here: http://wef.ch/techpioneers19 

More information on past winners can be found here

 

About QEDIT

QEDIT was founded by a team of highly specialised, world-renowned experts in blockchain and cryptography, including Jonathan Rouach, Professor Aviv Zohar and Ruben Arnold, who spotted two conflicting trends in the market — companies have confidential data that they wish to protect for business or compliance and legal reasons, but also wish to share it to enhance collaboration. Jonathan Rouach and Ruben Arnold previously co-founded Bits of Gold, the leading bitcoin exchange in Israel. Ruben Arnold is a former McKinsey consultant. Aviv Zohar is a Professor at the School of Engineering and Computer Science at the Hebrew University, Jerusalem. QEDIT is the first company overcoming this tension by using Zero-Knowledge Blockchain for enterprises. More specifically, QEDIT allows for collaboration based on confidential information without exposing the underlying data. By generating proofs for all, but data for no one, Zero-Knowledge Blockchain acts as a trust accelerator among companies that wish to collaborate based on data that cannot be shared. For more information, please visit https://qed-it.com/.

 

About World Economic Forum

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).