
Integrity of Digital Information
Anything, Anywhere, Always.
What we do:
Veraeā¢ groundbreaking blockchain-based technology solves real-world problems.
DataCubes provide verifiable proof of data authenticity with 100% confidence. We increase trust between business partners with real-time data verification, proving compliance with certification audits, government regulations and customer requirements.
By applying blockchain as originally intended, we are revolutionizing data management and empowering businesses with trust and absolute confidence in digital transactions.
DataCubes answer the questions: Who has it? Where is it? What has changed? And most importantly, Can you prove it?
āThe essential problem of how to establish the integrity of digital objects was the original motivation for me and my partner, Scott Stornetta, when we invented and then deployed the worldās first blockchain in the early ā90s.ā
Through blockchain-authenticated containers called DataCubesā¢, you can securely ensure integrity and enable selective sharing of digital records of all sorts.
DataCubesā¢ can be used in a wide variety of industries, including supply chain, finance, law, and healthcare, to allow for the auditability of digital records and the physical objects connected to them.
Our initial goal is to enable the circular economy. We can track goods across a productās lifecycle, creating an immutable audit trail for that product and enabling easy regulatory compliance. Thereās an ever-growing chasm between production and recycling. Tech that can help close that gap isnāt optional - itās essential.
How Veraeā¢ benefits the circular economy -
by helping to manage resources.
500 billion metric tons were consumed from 2018-2023.
In 2023, only 7.2% of it was recycled.
(The Circularity Gap Report, 2024)
The remaining 92.8% is a critical opportunityānot just for the circular economy but also for the planet.
End-to-end traceability, powered by Veraeās technology, will get us there.
Regulators, consumers, and businesses recognize the urgent need to move away from our current ātake, make, and disposeā model of production. Yet, we lack an auditable, persistent, and decentralized system for traceability.
Blockchain technology is the ideal foundation for authenticating digital information.
Veraeā¢ adds a flexible, scalable framework for auditable digital records, offering these benefits:
Decentralization: Data is controlled by users, not by a centralized authority.
Information privacy: Users can control which data they share and with whom.
Immutability: Information cannot be backdated or altered after certification.
Persistence: Traceability data remains accessible, even if a certifying party ceases to exist.
Energy Efficiency: Verae's unique approach to blockchain minimizes energy consumption.
Veraeā¢ provides a cutting-edge system designed for decentralized proof of digital integrity. At the core of our technology are blockchain-authenticated containers called DataCubesā¢, which securely ensure data integrity and enable selective sharing of digital information and records.
Our vision is to provide blockchain-authenticated traceability and to create a platform for industry growth.
FAQ
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We have built cradle to grave end to end traceability that uses blockchain technology. This technology can play a vital role in the transition to a sustainable circular economy.
DataCubes store any digital record, including documents, photos, videos, data destruction records, and more. Users can selectively share information with third parties, including customers, brokers, auditors, and trusted partners in the supply chain.DataCubes certify the integrity of the information.
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Actually, no. Bitcoin and other cryptocurrencies were developed on top of blockchain technology, but the original purpose behind blockchain was simply to certify the integrity of digital information. Our Chief Scientist, Stuart Haber, is the co-inventor of blockchain technology. He envisioned this as a way to certify that records are original and have never been tampered with. Blockchain is decentralized, so no single party can alter the data, and at the same time the information stored in Veraeās DataCubes can remain confidential to the company where it originated. Those companies can choose which information they want to share, and with whom.
We are not a crypto, not a coin, and do not offer tokens.
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āCircular economyā describes the concept of reusing, repairing, refurbishing, and recycling products and materials. This is a departure from our current economic model which mostly follows a 'take, make, dispose' philosophy.
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In his 12-minute TEDx video, Verae's Chief Scientist and co-inventor of blockchain, Stuart Haber, explains the basic concept behind this technology in laymanās terms:
Meet the Team
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Stuart Haber
Chief Scientist
30+ years of experience in cryptography and computer science
Co-inventor of blockchain
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George Lambert
Chief Technology Officer
30+ years of experience in technology/computer science
Experienced CTO and product architect
Co-founded FlightLookup, which developed industry-leading technology in the airline industry
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James Garfinkel
CEO
40+ years of experience in finance
Built multiple companies based on new technologies
Co-founded internet data pioneer Monsterdaata, which went public in 1999
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Bill Baron
Chief Marketing Officer
35+ years of experience in the Information Security and ITAD Industries
Co-founder of ITAD Technology, the first R2V3 certified company
Senior VP of Sales for SunGard Availability Services during $11b buyout
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Jim Kofalt
Chief Product Strategist
18+ years of experience as a Product Strategy and Product Manager at SAP & Microsoft
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Elior Garfinkel-Selis
Chief Operating Officer
8+ years of experience in business and education
Enthusiastic about the future of technology, and the global problems humanity can solve with it
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Vaidehi Reddy
Operations and Marketing Manager
6+ years of experience in Design and SEO Marketing.
Winner of 2 Google Awards for Illustration and Design.