Galaxa will be the first cloud XaaS distributed storage and compute marketplace designed to address the unique requirements of enterprise customers, public and private, based on a proprietary blockchain powered by the cryptocurrency GAAX.
OTTAWA, Nov. 1, 2018 /CNW/ - Leonovus Inc., ("Leonovus" or the "Company") (TSXV: LTV) (OTC: LVNSF) previous announced that it would release its whitepaper by the end of October 2018. Leonovus is part of the Ontario contingent to the Team Canada trade mission at the November 12-16 Singapore Fintech Festival. Leonovus will take advantage of the large numbers of fintech and blockchain experts congregated at the Singapore Fintech Festival to hold a news conference regarding the Galaxa project including the unveiling of the Galaxa whitepaper and website.
Leonovus is a cloud solutions software developer of a blockchain enabled software-defined object storage solution. Designed with the IT manager in mind, Leonovus' patented algorithms encrypts, shreds and spreads data across a network of on-premises, hybrid or multi-cloud storage nodes – allowing for the most secure yet internally accessible form of object-based data storage that provides governance, risk and compliance (GRC )across the entire solution. The advanced geo-distributed architecture minimizes latency, optimizes geo-availability, reduces remote backup costs and meets data sovereignty requirements. With its software and hardware agnostic design, Leonovus provides petabyte scalability and allows the enterprise to utilize its existing idle storage resources, extend the useable lifespan of depreciated resources and improve the enterprise's overall ROI. To learn more, please visit www.leonovus.com.
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SOURCE Leonovus Inc.