VelociData’s Solutions and IP Move Into the “In-Stream Processing” Blockchain Space

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In Q1 2018, VelociData, Inc. (“VelociData”) engaged ipCapital Group, Inc. (“ipCapital”), which has previously analyzed its current intellectual property (“IP”) position, to determine if there were possible opportunities within the blockchain space. ipCapital analyzed the current IP in the blockchain space, found a significant opportunity of blockchain and cryptocurrency in the blockchain space and from these results advised VelociData on IP business strategy moving forward. ipCapital’s findings were unexpected and extremely positive in that (1) VelociData’s current markets align with the direction of blockchain technology, (2) VelociData’s stream technology is ideal for blockchain, securing the data in stream, and (3) new innovations from VelociData will create a significant leadership in the in-stream/blockchain space. VelociData, one of the founders of the stream computing industry, currently has an industry-leading position in the stream computing space including stream processing, heterogeneous computing, computer hardware, data processing, actions and events, design architecture, and online algorithms. Looking to continue to drive change in retail, defense, healthcare, manufacturing, logistics, and transportation, Velocidata has expanded its attention to opportunities provided by blockchain technology, in all the same markets. VelociData is also providing innovations for data security by combining blockchain technology for security with stream computing for speed and efficiency.

Key Findings

1. VelociData’s current markets align with the direction of blockchain technology

ipCapital has previously analyzed VelociData’s business, including its stream computing patent portfolio and, in a separate engagement with VelociData, analyzed the blockchain space to determine if there were potential opportunities. The results showed that markets in which blockchain is trending lead directly to the VelociData markets they are currently engaged in, such as banking, financial services, insurance, enterprise, manufacturing, energy and utilities, healthcare and life sciences, government and defense, and the Internet of Things. Interestingly, the findings from the analysis also showed that some of the top players in VelociData’s space such as IBM, Microsoft, Intel, and Qualcomm are also involved in the blockchain space but have not invented in the in-stream blockchain space.

2. VelociData technology provides what blockchain technology lacks

Although blockchain provides assorted opportunities across multiple markets, there are restrictions that prohibit increased adoption. Throughout ipCapital’s analysis, the same technical issues (that data in-flight needs to be highly selective about what to blockchain) were examined in connection to blockchain technology. The issues around in-stream blockchain which VelociData has solved include transaction speeds, scaling obstacles, ledger storage problems, and size of the data. VelociData’s current IP in stream computing, with new blockchain innovations, solves the majority of these issues, with more than forty new innovations

3. New innovations within the blockchain space provide opportunities for Velocidata

VelociData is currently working on implementing and protecting these innovations to provide in-stream computing blockchain solutions in areas such as data security, which affects multiple verticals in the blockchain space.

These new innovations once again demonstrate that VelociData continues to create the foundational innovations needed in their industry sectors.

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Joe Bodkin
ipCapital Group
+1 8028597800 Ext: 246
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