We are currently in the process of spinning off WebSign, Inc. as the vehicle for Cyph’s platform licensing business. Through WebSign, we are taking Cyph’s core security technology, and building it into a polished framework for third-party applications with bundled integration services.
WebSign is effectively the Web3 equivalent of SSL. It’s a security layer for web apps that provides the industry’s strongest possible protection against threats. Created by former SpaceX engineers, WebSign’s patented technology has helped power Cyph’s secure messaging platform since 2015. Now, the time is ripe to launch WebSign as a standalone business.
Initially, we are targeting crypto and Web3 use cases because of the dire need for our solution in the space. Web3 growth is wildly outrunning Web3 security; millions of crypto investors have no idea that the browsers they use to interact with an exchange are deeply insecure.