India: Ex-Chief information security officer at NSE launches blockchain powered Cybersecurity startup

Blockchain/Bitcon. Photo: Bloomberg

From managing and overseeing organisation wide risk management at NSEiT, a 100% subsidiary of the National Stock Exchange of India Limited (NSEIL), Narayan Neelakantan, has now launched Block Armour, an enterprise platform for cybersecurity, powered by Blockchain Technology. “Our platform provides software defined perimeter using blockchain and other emerging technology and we plan to use digital signature based authentication for humans, devices and data. This will allow us to securely ring-fence critical infrastructure as well as provide IoT related security,” he said in an interaction, even as the firm is in talks with venture capital firms to raise anywhere between $850k to $1.5m. Edited Excerpts

How is blockchain redefining the concept of cyber security?

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