Internet pioneer David Holtzman joins Naoris Protocol in advisory capacity

abdelaziz Fathi

David Holtzman, a seasoned technology expert, has assumed his new role as a distributed systems, cybersecurity and blockchain advisor at Portuguese cybersecurity startup Naoris Protocol.

David is a world-renowned cybersecurity and privacy expert who has helped advance the internet technologies from its infancy. As an early-stage pioneer, he designed the Internet’s Domain Name System (DNS) used by ICANN, as well as the ‘Dot’ root server. 

David managed these iconic tasks while serving as CTO of Network Solutions in the late 1990s. During his tenure there, between 1995-2001, the number of internet domains skyrocketed from 500,000 to over 20 million.

Prior to that, David served as an executive at blue-chip technology companies, including Chief Scientist at IBM and also ran a major research group at Booz-Allen & Hamilton.   

The Russian cryptographer led the technical and cybersecurity teams for two presidential campaigns, Senator Evan Bayh’s presidential bid and was a senior cybersecurity advisor to General Wesley Clarke’s campaign. During his lengthy career, he authored two books in the privacy and identity space: Privacy Lost and How to Survive Identity Theft.

For the last six years, David taught entrepreneurship and marketing strategy at many blockchain companies where he served as a consultant, advisor, and director. This includes various roles at blockchain data platform Ocean Protocol, UTU Technologies and BigchainDB. 

The wealth of experience David will inject into Naoris Protocol is immense. From guiding the startup in their quest to decentralize the cybersecurity practices of modern day corporations, government agencies, Web3 projects and other entities to scaling of its protocol utility.

Naoris Protocol is on a mission to revamp blockchain security

Naoris Protocol, whose CEO and founder David Carvalho has worked in cybersecurity for the past two decades, is building a multichain layer 2 and layer 3 protocol. The team is addressing the “single points of failure” for Web2 and Web3, helping cybersecurity pivot to blockchain technology. 

Naoris Protocol aims to resolve the major pain point for the majority of Web3, which operates on top of Web2 architecture that wasn’t designed to handle the current level of cyber threat.

The idea is quite simple. Naoris’ unique decentralized proof of security consensus mechanism ensures that each new device that’s added to a network has no vulnerabilities. As such, the newly-onboarded device becomes a trusted validator node that then helps secure the other devices. 

Furthering a network decentralization, users are able to create individual validator nodes where P2P transactions are distributed across devices. That in turn is accomplished through providing validators with incentives to agree on the security status of the other devices.

As a representative of an earlier, more radical internet culture, Holtzman is the ideal guiding light for Naoris Protocol.

Naoris Protocol, which is built on top of the Ethereum Virtual Machine (EVM), says that it’s chasing a $10 trillion global opportunity. The figure refers to the estimated cost that enterprises would spend to combat cybercrime in the next three years.

Commenting on his appointment, David Holtzman said:”Naoris Protocol has the right ideas.  In my many decades of experience working with disruptive innovators, I’ve come to the conclusion that a company’s most valuable differentiator is the strength of its underlying foundational principles and values. Naoris Protocol has started from a good place and their technology directly aligns with their beliefs. The value of networked decentralization cannot be overemphasized and their novel approach of applying that to security validation is an important one that is likely to be a real game changer.” 

“We are so incredibly blessed to be working with David Holtzman as an advisor to the project, we wouldn’t have the internet as we know it today without him and we`re humbled to be splicing together new and highly impactful use cases and ideas with David. This is an exciting, and critical time for Naoris Protocol as we strive to bring the best and most visionary from Web2 and Web3 together to scale our Decentralized CyberSecurity Mesh approach. Having David Holtzman on board, with his incredible knowledge and world changing experience makes us feel great about the future of all things digital,” added David Carvalho, CEO, and Founder of Naoris Protocol.

Read this next

blockdag

BlockDAG’s $19.8M Presale & Moon Keynote Teaser Place It Above KANG, SOL, & ARB as the Top Crypto Investment in 2024

Uncover the success behind BlockDAG’s $19.8M presale and learn what’s making it a more compelling investment than KangaMoon, Solana, and Arbitrum.

Fintech

Revolut taps TikTok exec to drive £300 million ad revenue

Fintech giant Revolut is exploring new revenue streams by planning to share customer data with advertising partners.

Chainwire

Zircuit Staking Soars Past $2B TVL In Only 2 Months

Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months. 

Retail FX

PrimeXBT joins Financial Commission’s membership roster

The Financial Commission, an independent external dispute resolution (EDR) body, today announced the addition of cryptocurrency trading firm PrimeXBT as its latest member effective March 6, 2024.

Digital Assets

Ripple wants to reduce SEC’s $2 billion penalty to $10 million

Ripple Labs has responded to the U.S. Securities and Exchange Commission’s (SEC) recent demand for $2 billion in penalties, arguing that the amount should be substantially reduced to $10 million. The legal stance was disclosed in a court document filed late Monday.

blockdag

Analysts Go Bullish On BlockDAG After Its Surge to $0.005 And Unique Developer Platform That Goes Beyond Ethereum & BONK

Discover how BlockDAG’s unique low-code and no-code platforms offer more adaptability than Ethereum’s bull run and BONK’s fluctuating prices.

Tech and Fundamental, Technical Analysis

WTI crude oil Technical Analysis Report 23 April, 2024

WTI crude oil can be expected to rise further toward the next major resistance level 86.00, which has been reversing the price from October.

Digital Assets

Binance Debuts Spot Copy Trading Feature in Its Expanding Automated Trading Portfolio

Explore Binance’s latest innovation in trading technology with the rollout of Spot Copy Trading, now available within their comprehensive automated trading toolkit.

Financewire

Changelly launches Probably Serious Quiz introducing 0% fee swaps of USDt on TON and Toncoin

Changelly, a global crypto exchange, lists USDt on TON, a newly launched stablecoin created in the wake of a strategic collaboration between Tether and The Open Network.

<