EBI Subsidiary, 832 Energy Technology Consultants Changes Name to DataStone, Inc.

Jacksonville, Fla. , Sept. 06, 2023 (GLOBE NEWSWIRE) -- Everything Blockchain Inc., (OTCMKTS: EBZT), a technology company that is blending blockchain, DBMS and Zero Trust to deliver disruptive new ways to store, manage and protect data, is changing the name of its subsidiary, 832 Energy Technology Consultants to DataStone, Inc. As marketplace factors continue to drive demand for more advanced database solutions and EBI places significant focus on the continued development of BuildDB, they have made this change to more appropriately reflect the direction of the company.

The change to DataStone is reflective of BuildDB’s reception in the marketplace as the premier next-gen database solution as well as a change in the company’s strategic direction. Since June, BuildDB has been recognized as a finalist by the SC Media Awards and the CRN Tech Innovator Awards, validating EBI as one of the most innovative vendors in data security and management and a leader in safe and secure communications. Since the launch of BuildDB, the company has also broadened its customer base, providing its solution to companies beyond the oil, gas, and energy sectors, like transportation, healthcare, and government, among others.

“We’re thrilled about the broad success BuildDB has achieved so far in the market and we’re eager for more,” said Toney Jennings, CEO of EBI. “Our dedicated team is demonstrating that BuildDB is not just a platform rooted in data; it's a product that fortifies and safeguards data to the fullest extent. We look forward to continuing our mission ahead serving and protecting our diverse customer base as DataStone.”

BuildDB is a next-generation database that combines the data consistency and retrievability of relational (SQL) databases, the flexibility and performance of document databases and the immutability and security of blockchain. The result is a new and disruptive way to store, manage and protect data. Designed for B2B applications that manage very large datasets, BuildDB is built on a highly scalable “event-actor” architecture that allows for very large numbers of virtual units of compute on hardware. The result is a highly distributed and performant solution that can save customers up to 40% of the cost of competitive solutions. What’s more, recent testing with a Fortune 100 company demonstrated 10x performance gains from BuildDB when compared to other solutions.