TxMQ Launches Disruptive Technologies Group to Build Blockchain and Hashgraph-Based Applications for Enterprises

(MENAFNEditorial) BUFFALO, N.Y., March 7, 2018 /PRNewswire/ -- TxMQ , an enterprise solutions and consulting company, today launched its Disruptive Technologies Group. The business unit will focus on developing solutions for customers using cutting edge technologies with industry disrupting potential. Primary work effort will focus on developing solutions based on blockchain and Hashgraph, both emerging distributed ledger technologies. The company's Internet of Things (IOT), Cognitive and AI work will fall under the same group.

Leading this division at the soon to be 40 year old TxMQ is Craig Drabik, an industry veteran with over 20 years of software development experience. Having served most recently as a technical lead at KPMG, Drabik brings a collaborative work ethic and user focused vision to his work. "I'm looking forward to continuing the vision of TxMQ, to help our customers evolve and transform their businesses using the latest, and most secure platforms and technologies," said Drabik.

Blockchain and Hashgraph are two different approaches to distributed ledger-based applications. Distributed ledgertechnology (DLT) enables organizations to build varying types of applications using a different approach than traditional software builds. Enterprises are turning to DLT as the underlying infrastructure for applications that require speed, security and reliability, and for applications that must be shared across a group of entities or organizations that are not under centralized control.

Alongside software development on these new platforms, TxMQ will also offer strategic advisory services. "We find many of our customers are looking for a knowledgeable advisor to guide them on their journey to evaluate these platforms, keep abreast of what competitors may be doing, and help navigate the minefields often presented by any new technology landscape," said Chuck Fried, President and CEO of TxMQ. "We are excited to help our enterprise customers as they determine which new technologies will best fit their business needs."

"TxMQ is clearly a thought-leader in the DLT space," said Alexander Candelario, CEO of Intiva Health, one of TxMQ's Disruptive Technologies Group's first customers. "They have been instrumental in guiding us through the DLT evaluation process, helping us select the appropriate platform, and kickstarting our development on Hashgraph."

"The team at TxMQ has a proven track record as an early adopter and innovator of breakthrough technologies," said Mance Harmon, CEO of Swirlds, the creators of Hashgraph. "We are pleased that they have chosen to now focus this expertise on distributed ledger technologies like Hashgraph, and look forward to working with them and their clients to expand on the uses and capabilities of the Hashgraph platform."

In addition to Swirlds, TxMQ is also a partner of industry leaders IBM, Oracle, Microsoft, Red Hat, and many others.

For more information, visit http://blockchain.txmq.com

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