On the cutting edge of technology sits the widely known, but perhaps less understood field of “blockchain.”
This modern system that connects, tracks and protects transactional relationships is now being adapted in industries like healthcare, banking and cryptocurrencies and is soon to become an integral part of our everyday lives through its implementation in real estate, non profit and even government.
IgniteHQ member Pagarba is an IOT engineering startup specializing in blockchain and artificial intelligence. Pagarba co-founder Peter Jamack is so passionate about blockchain it’s no wonder his business has been booming.
Prior to launching Pagarba, Jamack was a software engineer working on artificial intelligence and backend databases. He discovered blockchain in 2014 and immediately began digging into this new concept.
“I immediately thought blockchain was so cool,” said Jamack. “The whole aspect of secure, decentralized peer to peer networking piqued my interest. IOT devices aren’t always secure. I could see blockchain was forever. Nobody can hack in and create a fraudulent thing if it’s in the blockchain,” said Jamack.
In 2018, Jamack founded Pagarba and immediately started servicing clients in various industries. Jamack and his team of engineers help their clients automate processes and secure systems through blockchain technology.
Pagarba Vice President of Business Development Lee Weinberg also sees the powerful and profitable future in blockchain. Weinberg joined Pagarba a month ago and plans to monopolize on the company’s astounding growth.
“My goal is to leverage all Pagarba has accomplished in its 9 month infancy and make the company’s work sustainable,” said Weinberg.
“Blockchain is a powerful tool in all industries. From manufacturing to healthcare to even the Cannabis industry, blockchain can track how products are manufactured, packaged and shipped and can be used as a tool to qualify products,” explained Weinberg.
Both Jamack and Weinberg work from IgniteHQ’s Marietta location, but the company has a presence in 5 other cities including Charlotte and San Diego. Jamack plans to hire more team members to service his growing client base and to develop original software.
“We’re also in the early stage development of a product related to blockchain,” said Jamack.
When asked if he could share more about this new product, Jamack responded, “All I can say is that this product is a universal mesh connector optimizing IoT on the edge of blockchain and artificial intelligence with morphed encrypted security features. It’s artificial intelligence on the edge that utilizes blockchain to connect and secure emerging tech for the Internet of Medical things.”
We won’t even try to speculate what amazing product is in development at Pagarba, but we can confidently say you should stay tuned for more great things happening by Jamack and his team!
For more information visit https://pagarba.io/.