What encryption algorithms does Validian use?
The Company only uses third party, industry approved, encryption algorithms. As listed on the Data Sheet available on Validian's website at http://www.validian.com/protect.php Validian uses the 26 well known, encryption algorithms that comprise an estimated 90% of the global market, including the 7 encryption algorithms that are approved by the Federal Information Processing Standard (FIPS) Publication 140-2, (FIPS PUB 140-2), which is a U.S. government computer security standard used to approve cryptographic modules.
Both Validian's technology and encryption features work very well on all of the main technical platforms, including communications on Cloud, mobile, desktop, laptop, server, database and Internet of Things, all without any corruption or loss of data of any kind.
Developers integrating other well-known encryption protocols like Secure Socket Layer (SSL), Transport Security Layer (TLS) and Pretty Good Privacy (PGP) have access to the same 26 encryption algorithms but they must select and integrate only one of these into their source code at a time. The initial integration can take 6 to 12 months. To change the encryption algorithm to a different one means the developer(s) must spend another 6 to 12 months for each and every change, not counting the time and money it will take them to redeploy their finished product. This is a very time-consuming and expensive process.
Being limited to only one encryption algorithm causes certain problems. Applications that are geared to different markets often demand different and particular encryption algorithms that are preferred by that market. This means that a company that intends to use an application in multiple markets must develop a different version of the application for each encryption algorithm, even though applications using different encryption algorithms cannot communicate with each other.
Validian's technology enables the integration of all 26 encryption algorithms instead of just one. The administrator can select the desired algorithm from among all 26 algorithms on the fly in a matter of seconds and has the ability to choose and change the encryption algorithm and level of compression at any time. And the newly selected encryption algorithm and level of compression are automatically deployed at each application endpoint without the need for any additional coding or product redevelopment. This means only one version of the application is required for all markets to provide ready access to all algorithms.
No other product in the world gives its customers this level of flexibility and control.
Validan's technology is also "plug-and-play", so that if a customer wants to use an encryption algorithm that has not been integrated, or if additional encryption algorithms are invented in the future, any one or more encryption algorithms can be added quickly, even on a stand alone basis.
Is Validian's technology "synchronous", "asynchronous" or both?
Validian's technology is both synchronous and asynchronous and both capabilities work very well.
Is it true that VP must be certified before you can market it? If so, do you expect to seek certification of your ValidianProtect software soon?
Validian's technology does not need to be certified in order for it to be marketed to, licensed or used by the vast majority of markets and customers, including U.S. or international government markets.
However, it is true that a few particular segments of government markets would require additional certification. In those cases, Validian's Channel Partners would most likely undertake the process of obtaining that certification.
Why has Validian never applied for patents to protect Validian's technology?
Validian's technology is a unique, radically innovative, software-only cyber security solution, not just an extension of other cyber security approaches. As such, Validian takes particular measures to protect how it achieves its proprietary features and functionalities from its competition.
However, filing a patent would require Validian to explain in sufficient detail such that any party reading the patent could duplicate Validian's technology. The historical approach of patenting software by only filing some details but not sufficient detail for the technology to be duplicated has been rejected by the courts in recent years, as expected by Validian and which supports the advice Validian received from its legal counsel and patent agents against filing patents.
Furthermore, there is ongoing risk of premature disclosure and online theft of patent documentation soon after it is filed with any government patent offices compounded by an expensive, uncertain and lengthy legal process of proving breaches of patents.
Accordingly, rather than filing for a patent, Validian has chosen to protect its proprietary intellectual property by using trade secrets.
While Validian's competitors may eventually develop other cyber security solutions that work similarly to ValidianProtect, experience has demonstrated that it should take them many years of expensive R&D with a very high likelihood of years of failure for them to do so, and even longer for them to test, deploy and effectively market their solution.
Has Validian's Technology ever been installed at and or tested by SAIC (Science Applications International Corporation) and has SAIC ever issued a report?
To date, Validian has never had any dealings with SAIC, has never been introduced to SAIC by anyone, has never installed its technology with nor had its technology tested or reviewed by SAIC or any related party, and SAIC has never issued any report(s), negative or positive, regarding Validian or Validian's technology.
When is the Validian website going to be updated?
The content of the website has been updated in Q2 2017 though the original format of the site has remained relatively unchanged. Some shareholders have expressed their concern that this may be hindering our marketing efforts.
To date, the majority of our marketing efforts and the generation of leads and qualifying prospects have been through our Channel Partner network. The sales process involves online and face-to-face technical presentations and demonstrations of our technology.
At this stage, it has not been necessary or possible to use a website to meet the needs of our marketing efforts.
However, the time is fast approaching when much of our marketing, contract details, pricing schedules, product module downloads, etc. will be automated. When that happens later this year, we will need a website designed specifically to meet those needs. Therefore, we are currently working to design an interactive state-of-the-art website that will be a fully functional marketing tool, and we expect those changes to be uploaded sometime in 2017.
Will the updated website include the names and biographies of the company management and Board of Directors?
As an emerging company, it has been crucial to the success of Validian's research and development to maintain a streamlined management team backed by a small specialized group of in-house technical and sales personnel. Initial marketing, deployment, and customer support are supplemented using a Channel Partner network.
However, now that Validian is evolving from R&D to revenue generation as Validian's technology is adopted in one or more vertical markets, we fully anticipate there will be the need to expand the depth and breadth of our team to meet the needs of our growing company. And our new website will include full bio's of all our corporate management team, Board of Directors and other management level personnel as they are added to our team.