BSV Association selects Binarii Labs for secure communications using BSV blockchain
Homepage > News > Business > BSV Association selects Binarii Labs for secure communications using BSV blockchain Getting your Trinity Audio player ready...
Zug, Switzerland & Dublin, Republic of Ireland – 20 May 2025: The BSV Association, which leads the global advancement of the BSV Blockchain, the world's most scalable and regulation-friendly public blockchain, has selected Binarii Labs to be a trusted secure communications provider. As part of the collaboration, BinariiDSM will be used to enable encrypted file exchange and data resilience between Association members, employees and ambassadors, with all file actions immutably recorded on the BSV Blockchain as verifiable Proof of Record. The BSV Blockchain is a highly scalable public blockchain, capable of handling hundreds of millions of transactions daily, making it the ideal solution to facilitate enterprise solutions on-chain.
The BSV Association's focus is in working with businesses, governments, enterprise to demonstrate where blockchain can add value for them. The integration of BSV blockchain with BinariiDSM adds a further layer of trust for their customers, reflecting their commitment to operational transparency, trust, and decentralised infrastructure. With member representation and ecosystem growth across Europe, Asia, the Middle East, and North America, the BSV Association supports a diverse global community of enterprises, developers, government agencies, and institutions building real-world applications on scalable public blockchain infrastructure.
BinariiDSM, Binarii Labs' patented SaaS data security solutions apply a sovereign-first and zero-trust architecture to protect sensitive unstructured data. Each file is encrypted, fragmented, and distributed across three user-owned storage endpoints, ensuring that no single complete file is ever stored in one place, and that users retain continuous access from any two locations. Integrated blockchain-based logging on the BSV Blockchain ensures transparent and tamper-proof auditability of all file interactions.
Ásgeir Óskarsson, Managing Director of BSV Association, commented:
'We are committed to adopting technologies that reflect the values of transparency, resilience, and trust. BinariiDSM aligns with our core principles, ensuring secure communications between our members , our employees and our ambassadors, leveraging the BSV Blockchain to deliver tamper-proof, verifiable records of activity. We look forward to deepening our collaboration with Binarii Labs as secure data infrastructure becomes ever more critical.'
Ciarán McNamee, Co-Founder and Chief Business Development Officer at Binarii Labs, added:
'It is a privilege to be working with the BSV Association. Their selection of BinariiDSM reinforces the growing recognition that unstructured data—documents, reports, and sensitive communications—must be secured with the same rigour as core systems. Our patented architecture, underpinned by blockchain-based Proof of Record, provides a modern, sovereign-first solution to today's data challenges.'
This partnership marks another milestone in Binarii Labs' expansion into compliance-driven and blockchain-integrated sectors, demonstrating how sovereign data control, regulatory readiness, and immutable audit trails can be delivered in a single, integrable solution.
About the BSV Association
The BSV Association leads the global advancement of the BSV Blockchain, the world's most scalable and regulation-friendly public blockchain. With growing adoption across finance, supply chain, health, and government, the BSV Blockchain supports massive-scale data integrity and microtransaction use cases. The Association provides education, technical standards, and ecosystem support for enterprises and developers building real-world blockchain solutions.
association.bsvblockchain.org | www.bsvblockchain.org
About Binarii Labs
Headquartered at NovaUCD in Dublin, Binarii Labs delivers sovereign-first, zero-trust data security solutions for regulated and data-sensitive sectors. Its platforms—BinariiDSP, BinariiDSM, and CyqurPRO—enable organisations to encrypt, fragment, and distribute unstructured data across multiple storage end-point locations, ensuring full control, compliance, and continuity. Every action is cryptographically recorded via blockchain-based Proof of Record.
www.binariilabs.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
39 minutes ago
- Reuters
Prada CEO Gianfranco D'Attis to quit Italian luxury brand, WWD reports
June 22 (Reuters) - Prada (1913.F), opens new tab CEO Gianfranco D'Attis will leave the Italian luxury brand at the end of the month, fashion trade publication WWD reported on Sunday. It said the publication had learned D'Attis was leaving the group "by mutual agreement". Reuters could not immediately confirm the report.
Times
41 minutes ago
- Times
Trump tariffs leave UK firms scrambling to renegotiate contracts
British companies are looking to renegotiate supplier contracts as they scramble to find savings that can protect them from the impact of escalating US tariffs, according to new data. A survey of firms with more than 5,000 employees found that 90 per cent fear that President Trump's import duties would hurt their revenues and profits, with businesses looking at a series of ways to manage rising costs. More than half (55 per cent) said their main tool to deal with tariff threats was to review existing contracts to find savings or renegotiate better terms with break clauses that could account for the imposition of new levies, according to Acertis, which provides contract management software. Bernadette Bulacan at Icertis said companies' first resort 'to protect margins is to take a critical look at customer and supplier relationships. For many companies, the path to surviving tariff disruption starts not with policy lobbying but with a forensic look at what's already been committed to on paper.' She said firms were taking measures to include rules of termination and force majeure clauses in contracts to deal with costs caused by tariffs, while also seeking out new suppliers in countries that were not affected by sweeping US levies. The Trump administration applied a 90-day pause on reciprocal tariffs he had announced on most of the world economy on April 8, which is due to expire in early July. The president has signed a partial tariff deal with the UK, but most British goods will still be subject to a 10 per cent tariff when selling to US markets, raising the average US tariff rate from about 1 per cent last year to more than 6 per cent. The European Union is also in talks with the White House about avoiding a potential 55 per cent tariff on all its goods exports. • Britain's exporters at a loss over US tariff turmoil The debate over contractual terms between suppliers and customers is part of a swathe of legal complexities about who should shoulder the cost of import taxes. In April, Howmet Aerospace, an American supplier of components to the sector, declared a force majeure event that would allow it to stop shipments if it remained subject to US tariffs. Although the full gamut of threatened tariffs has not yet been applied on most countries, recent data has shown a spike in invoice rejections as businesses attempt to delay supplier payments until they have more certainty about US trade policy. Icertis's survey, which included 1,000 companies across Britain, the United States and India, found that just under half of them were 're-evaluating' where to find suppliers to avoid tariffs, restructuring their supply chains and manufacturing plants, and also considering 'sunsetting relationships that no longer serve under new cost and compliance pressures'. About 40 per cent of UK firms said they would absorb higher costs into their margins and just over a third said they were planning to raise prices charged to consumers to deal with tariffs. Bulacan said companies should also consider price adjustment clauses that account for tariff changes. 'In the same way that force majeure clauses changed fundamentally during the pandemic, these clauses could be invoked against new tariffs to prevent potential losses,' she said.
Times
41 minutes ago
- Times
High earners face surge in tax investigations
High earners face a surge in tax investigations after HM Revenue & Customs doubled revenues from inquiries into the wealthiest Britons last year. A freedom of information request has revealed that HMRC's wealthy and mid-sized business compliance directorate, which examines the tax affairs of those earning more than £200,000 a year or with assets above £2 million, yielded more than £1.5 billion in 2024, double the amount raised the previous year. The success of the unit has led to a decision to hire an extra 400 specialist compliance officers, who will be added over the next four years. The government hopes the move will bring in at least another £500 million in tax revenues by 2030. Accountants have said the number of investigations into wealthy individuals will inevitably increase.
