The startup company he founded, Unbound, was sold to the American giant Coinbase To open a center of development and excellence in Israel
The Israeli information security startup Unbound was sold to a company Coinbase dealing in the field of crypto. The amount of the purchase was not disclosed.
Company Founded in 2015 by Prof. Yehuda Lindel and his partner Prof. Nigel Smart from the UK, and later joined by Guy Parr. The three are experts in the field of encryption keys, which are a key component in the field of cryptography. The company has developed technology that manages encryption keys and protects them. It is the encryption and the security of the information that enable the use of digital (crypto) rings, and for this reason a company Coinbase Acquired the Unbound.
The cryptographic infrastructure developed by Prof. Lindel and his partners serves corporations and financial institutions and protects their digital assets and information. The development stands out for the high protection capabilities it provides and the fact that the technology is user-friendly, an especially important feature since the crypto market is expanding, and with it the circle of users, but also the circle of risks that requires security solutions for the storage and transfer of digital currencies.
Company Unbound is considered a pioneer in the development of security technologies, one of which is a secure multilateral calculation based on advanced mathematics, in which Prof. Lindel is one of the world's leading experts.
Following a purchase Unbound Israeli and in view of the growth of the crypto market, announced a company Coinbase You will establish a center of excellence and development in Israel.
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