Future C X signs strategic MoU with Epic Lanka to Drive Next-Generation Blockchain Data Security in Sri Lanka.
Future C X Lanka (Pvt) Ltd, a leading blockchain solutions provider in Sri Lanka, proudly announces the establishment of a strategic partnership with Epic Lanka (Pvt) Ltd. This landmark collaboration signifies a major step forward in enhancing Sri Lanka’s digital infrastructure, positioning both companies as leaders in Web3 transformation and state-of-the-art zero-knowledge data protection.
Under this strategic Memorandum of Understanding (MOU), Future C X and Epic Lanka will deploy a nationwide blockchain-enabled electronic Know Your Customer (eKYC) solution designed to streamline operations across Sri Lanka’s banking and financial sectors. Leveraging the capabilities of BethelZKPe, the new eKYC platform aims to significantly reduce redundant processes, eliminate identity verification friction, and bolster institutional data privacy. This initiative arrives at a critical juncture, as financial institutions globally confront rising cybersecurity threats and the imperative for quantum-resistant, scalable solutions that align with evolving regulatory standards.
Future CX’s BethelZKPe technology uniquely combines decentralized architecture and innovative zero-knowledge proofs, setting it apart from conventional encryption methods. Rather than simply encrypting data, BethelZKPe removes metadata and divides sensitive information into anonymous segments, validating user access through advanced cryptographic proofs without exposing the actual underlying data. This robust approach effectively neutralizes common cybersecurity threats, including insider vulnerabilities and AI-based inference attacks, while ensuring compliance with stringent international data protection laws.
Craig Bricknell, Managing Director of Future C X Lanka (Pvt) Ltd, emphasized that BethelZKPe represents a fundamental shift in data security paradigms across both public and private sectors. Bricknell highlighted the platform’s flexibility in integrating seamlessly with existing digital infrastructures, while proactively addressing emerging threats such as quantum computing and sophisticated surveillance algorithms. Additionally, BethelZKPe’s decentralized node framework eradicates single points of failure, offering intrinsic disaster recovery capabilities. The solution is integrated with support for AI-driven applications, Web3 platforms, and secure blockchain-based storage.
Epic Lanka, with its extensive track record of successfully deploying national-scale digital solutions and robust middleware technologies, will spearhead local integration and ensure smooth deployment of the eKYC platform. Representatives from Epic Lanka noted that the partnership would set new national benchmarks in secure identity verification, regulatory compliance, and operational efficiency. Beyond finance, BethelZKPe is versatile enough to serve sectors such as healthcare, legal services, real estate, and government operations, all of which demand rigorous privacy controls and immutable data management.
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