DigitalX to advise MailGuard on Blockchain security

Company News

by Anna Napoli

Blockchain technology company, DigitalX (ASX:DCC) has entered into an agreement with MailGuard, the world’s foremost private cloud and email cyber security company.

DigitalX will advise MailGuard in the development of a Blockchain cyber security ecosystem called GlobalGuard.

GlobalGuard combines artificial intelligence (AI) and Blockchain technology to identify email-borne cyber threats

The company says global spending on cybersecurity products and servicesis expected to exceed $1 trillion by 2021.

DigitalX says the collaboration is a significant step towards commercializing GlobalGuard technology.

Shares in DigitalX (ASX:DCC) trading 1 per cent higher at 23 cents.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.