Yesterday, SNAP Interactive, Inc announced that it has initiated a strategic product development and technology relationship with Gladius Network, LLC.
Gladius is a blockchain-based cybersecurity and content delivery platform which allows people to rent out out their spare bandwidth to provide DDoS protection and content acceleration directly to its clients’ websites.
The partnership between the companies is expected to focus on accelerating the development of Gladius’ security solutions and SNAP’s newly announced initiative ‘Backchannel’.
SNAP will also make an investment towards Gladius’ Initial Coin offering (“ICO”).
The strategic relationship is expected to include a collaboration on existing and in-development DDoS technologies and platforms at Gladius.
The collaboration will also look to target the future deployment of decentralised DDoS technologies.
SNAP’s CEO, Alex Harrington said: “In delivering our products, we have become experts in DDoS mitigation, because security vulnerability can be crippling to a digital business. We studied the market in-depth and believe that Gladius is a clear leader in building blockchain-based, decentralized DDoS security.
“We believe our relationship with Gladius will not only allow us to accelerate development of Backchannel while improving security but also integrate blockchain-based technology into our core video products Paltalk and Camfrog. We are very bullish on Gladius’s success.”
Gladius’ co-founder and COO, Marcelo McAndrew added: “We are very excited to be collaborating with SNAP Interactive. SNAP is known for its widely used social video applications and technological innovation.
“This alliance allows Gladius and SNAP to collaborate and solve important issues concerning DDoS attacks and content acceleration using blockchain technology.”
Read more about Gladius here.