Transmute, the decentralized app engine for enterprise teams, which secured $1M in pre-seed funding in January 2018 to fuel research and development has officially launched. Their beachhead use case will be in Identity and Access Management (IAM), and their first product Transmute ID will launch in 2019.
Transmute’s initial customers are Fortune 1000 companies, which typically manage up to 1000 centralized applications as part of their workflow and face immense data security challenges. By integrating traditional centralized directories with the same decentralized, distributed cryptography that powers blockchain, Transmute makes it possible for enterprises to deploy DLT when and where it delivers real value and security, using code they’ve already written.
[perfectpullquote align=”full” bordertop=”false” cite=”Transmute CEO, Karyl Fowler” link=”” color=”” class=”” size=”16″]“The rise of DLT is inevitable, and the shift to decentralized applications is going to be as disruptive to the enterprise as the transition to cloud computing was. During the transition to cloud, we saw a massive demand for tools that bridged existing IT investments with the next wave of development. With Transmute, enterprise development teams can use their existing resources to build safer, superior decentralized applications while retaining the scalability of centralized cloud providers. It’s really the best of both worlds.”[/perfectpullquote]
All of Transmute’s solutions integrate with all major cloud providers, and their primary technical building blocks are offered in an open-source format. Solutions range from developer starter kits that help companies rapidly create proofs of concept to custom solutions for the enterprise.