IronWeave 2024 Vision: Building On ‘23 Success

IronWeave logo and title in a futuristic grid background

As we wrap up another year it’s time to review some of IronWeave’s 2023 highlights and talk about our plans for 2024.

David Iseminger, Co-Founder & CEO of IronWeave, offers a brief account of  the technical accomplishments achieved during 2023.

  • Alpha version of IronWeave launched and is running smoothly on our servers.
  • System Performance Over 1.5 million iterations per second (TPS) and will increase over time.
  • Architectural designs for horizontally scalable privacy and security, including inherent and native on-chain storage of data. This may sound dry but this will enable chains to be used in ways not yet possible. The implications are immense.
  • Business development and market alignment, including design architecture, to address the most pressing challenges and the biggest opportunities in Web3 and Web2.  This sets the stage for overall ecosystem growth for the foreseeable future.
  • Addition of crypto-native executive team members, with extensive knowledge and connections, to help craft and amplify IronWeave opportunities, visibility, partnerships, and help craft a compelling and aggressive roadmap for in-demand products and services. The team is now even better positioned to execute on this bold vision.

Looking ahead in 2024, we’re excited by what’s coming.

  • We will continue engaging with and cementing agreements with strategic partners. We’re especially excited by our conversations with projects in DeFi, the Massive Storage arena, the Strategic/Legal arena, professional node and individual node providers.
  • IronWeave’s shared-block architecture will set a new standard for data security for Web3.
  • We will be pushing out the latest version of our network performance monitoring dashboard.

More on 2023 activities

As believers in the Open Source movement, we’ve partnered with OMA3 to establish and promote standards for NFTs and the Metaverse. The fastest way to move a field forward is by setting up a functional technical framework. This will allow companies to commit the resources toward building products and for end users to be comfortable using those products.

IronWeave and OMA3 logos

Learning About IronWeave

We’re excited to announce our Explainer Series of videos. There are many functions within IronWeave that aren’t being employed by other platforms. Our goal is to make sure you understand how IronWeave approaches solving some of the challenges that blockchains must overcome to be broadly useful and adopted.

IronWeave’s Beginnings

David Iseminger, Co-Founder and CEO of IronWeave talks about the genesis of IronWeave. He walks us through the problems that IronWeaver solves, problems that traditional businesses need solved before there will be mass adoption.

Context: Why is IronWeave Necessary?

Apple highlights 2.6 billion records compromised in 2021 and 2022.

Read our take on this eye-popping report on cyber attacks. This recently report, The Continued Threat to Personal Data: Key Factors Behind the 2023 Increase by Professor Stuart E. Madnick, Ph.D., commissioned by Apple, outlines the magnitude of online data breaches and ransomware attacks. A few sobering stats:

  • Since 2022 there have been over 2 billion personal records exposed. That represents one quarter of the world's population and certainly a much greater proportion of those who are online.
  • “…98% of organizations have a relationship with a vendor that experienced a data breach within the last two years”. Read the report from Apple

We firmly believe that IronWeave’s block-level encryption offers a vastly more effective way to safeguard online data. It’s clear that we cannot continue to do the same thing with respect to data security and expect a different result.

IronWeave's Inception: Unleashing The Chains (IronWeave Blog Post)

"In the early days of blockchain, David Iseminger recognized its monumental potential... [but]...

David knew that its inherent shortcomings could impede widespread business adoption.

What were these flaws? The lack of privacy, the security flaws, and blockchains didn’t scale. "  Read the full blog.