January 23, 2018
TiesNetwork - the maker of the first of a kind decentralized public database -- changes its name to TiesDB and moves to a new domain as the company focuses all its activity on development and imminent launch of the database product.
TiesDB rebrands to underscore its unrelenting focus on developing and launching the first public, decentralized distributed database that has been created by members of cryptocommunity for the cryptocommunity. This B2B product is badly needed to satisfy the soaring demand to store non-financial data.
TiesDB database product emerged to satisfy the compelling need to store terabytes of non-financial data, and to conduct quick searches in it.The volume of this data is growing exponentially due to enormous growth of popularity of decentralized messengers, social networks, social networks-based media, and large encyclopedias. The new product is focused on the most acute needs of IT and crypto community. And finally, TiesDB is a decentralized solution, which means that its servers are public.
“By renaming ourselves TiesDB, part of a larger rebranding effort, we stress the importance of the rapidly evolving decentralized application market and meet the demand to store non-financial data,” said Alexander Neymark, co-founder and CEO of TiesDB. “We are thrilled to be able to be the first vendor to offer the crypto-community the long-anticipated database product, as we are getting ready for its alpha release in the second quarter of 2018.”
Developing a database for the crypto-community has always been the cornerstone of TiesDB product map as described in the original white paper in which TiesDB has described the possibility, demand and consistency of creating such a database. As the database product development accelerated, the team went further and – the only other crypto-startup to do so besides Etherium -- published the so-called “yellow paper,” in which TiesDB engineering team has provided a complete technical and mathematical model of the database product.
Having assessed the market’s needs and the demand for the new technology, TiesDB founders and the project team have decided to focus company’s efforts on accelerating the launch the TiesDB database as a unique infrastructural solution for the burgeoning market of decentralized applications and blockchain-based businesses. The acute need for a public decentralized database in crypto and IT community is part of surging demand for cloud hosting services.
Therefore, the team has decided to concentrate its efforts only on creating and developing TiesDB platform and developing and supporting its eco-system, and thus completely rebranding the company as TiesDB.
TiesDB is applying the funds generated during the token generation event towards an accelerated launch of the finished TiesDB database product. TiesDB alpha version is to be completed in Q2 2018.
In addition, TiesDB intends to expand its partner network, enter the U.S. market, and open a TiesDB office in New York. TiesDB has a keen interest in entering the U.S. market because besides being a mature market with strong intellectual property laws, most inquiries about the availability of TiesDB database come from U.S.-based IT, blockchain and crypto companies which all anticipate the efficiencies they would get once deploying the novel, reliable and effective database offered by TiesDB.
TiesDB is now at www. tiesdb.com. All Ties.DB social communities are being rebranded as TiesDB. TiesDB former site is now mirrored to
“We want for the entre crypto-community to know that now we have a single unrelenting focus – a TiesDB database,” said Neymark.
TiesDB is an independent software provider and the maker of the first public, decentralized, distributed NoSQL database, TiesDB. TiesDB is Byzantine fault tolerant.
TiesDB, formerly known as Ties.Network, was founded by Alexander Neymark and Dmitry Kochin.Alexander Neymark has been launching and developing financial services for banks and telecommunications companies since 2000. In 2012, he began creating a platform for aggregating financial user data (account aggregation technology), which was implemented in the final development of Krawlly. Dmitry Kochin has extensive experience in IT. He holds a PHD in Technical Sciences and has been a serial entrepreneur in the IT sector since 2005. Dmitry has been involved in a variety of software projects related to payment processing, account aggregation, computer telephony and even financial services within online games. In October 2017, Ties.Network held a Token Generation Event, which raised over $9.5 million, and distributed over 59 million tokens.
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Contact: Max Smetannikov, Nona Perez, MVG for TiesDB, +1 646 205 7030,
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