JOHNS CREEK, GA, May 23, 2018 (GLOBE NEWSWIRE) — Sirrus Corp. (“Sirrus” or the “Company”) (OTC PINK: SRUP), an emerging cybersecurity solutions provider, is pleased to announce that the Company is establishing itself as a Blockchain Notary Service Provider on the Ethereum network.
Sparrow Marcioni, Sirrus Corp. CEO, stated, “While the rapid rise of cryptocurrencies such as Bitcoin have created an incredible amount of wealth and attracted enormous mainstream media coverage, the underlying fundamental technology that makes it all possible, the blockchain distributed ledger, is quietly poised to change the world and disrupt traditional business models in so many other ways that have only recently begun to be imagined. Utilizing blockchain to create a universal and immutable timestamp of a document’s existence is one of those interesting and immediately commercializable applications.
“By establishing itself as a ‘blockchain notary’ utilizing the Ethereum network, Sirrus Corp. will provide attestation and timestamping to any digital document, transaction, signature, etc., in a manner that cannot be disputed and will even stand up in a court of law. No one, not even Sirrus Corp., could alter the document after it has been authenticated into a blockchain. This makes blockchain the perfect way to prove the timestamped existence of a document without a trusted third party.”
How a Blockchain Notary Works: The “document” can be pretty much anything in digital format, from a conventional government document to a full-resolution movie or location-stamped image. For a small fee, the document is processed to create a unique cryptographic SHA256 hash imprint. The imprint is then permanently and publicly linked into the blockchain with a unique address and timestamp. This link in the blockchain, and therefore the document’s authenticity, can be certified by anyone comparing the transaction in a blockchain explorer. The document’s contents always remain private and are not stored in the blockchain or ever exposed.
Sparrow Marcioni concluded, “Patent applications, copyrights, property titles, birth certificates, photographs, school transcripts, auto repair records, and many more; the potential applications for cost-effective blockchain notary authentication are virtually limitless. We look forward to applying all of our knowledge and expertise in providing time verification and cybersecurity services to this revolutionary and innovative new blockchain application.”
The Company anticipates making further announcements regarding development, partnerships, and commercialization of its blockchain notary services business in the near future.
Additional information regarding Sirrus Corp. and Sirrus Security can be found at www.sirrussecurity.com.
About Sirrus Corp.
Sirrus Corp. (OTC PINK: SRUP) provides security technology products and services to assist companies with protecting their assets and information. The Company is primarily focused on providing cybersecurity services to healthcare companies in the United States, which are required to be in compliance with government regulations such as the Health Insurance Portability and Accountability Act (“HIPAA”).
Cautionary Note Regarding Forward-Looking Statements
This press release by Sirrus Corp. (“Sirrus”) may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as expects,” “plan,” “believes,” “will,” “achieve,” “anticipate,” “would,” “should,” “subject to,” or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Although Sirrus management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all. Known risks and uncertainties include those identified from time to time in the reports filed by Sirrus Corp. with the SEC. Sirrus assumes no obligation to update publicly any forward-looking statements contained in this press release.
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