TODAQ begins work to join the Red Hat Marketplace
TODAQ building partnership with the World's leading open source provider
(2 min read)
TODAQ is proud to announce our partnering initiative with Red Hat, a portion of which includes work over the next few months in order to join the IBM Red Hat Marketplace.
Red Hat is the world's leading provider of open source solutions, using a community-powered approach to provide reliable and high-performing cloud, virtualization, storage, Linux, and middleware technologies, led by its flagship OpenShift container platform. Two years ago Red Hat was acquired by IBM for $34 billion as part of Big Blue’s strategy to double down on hybrid cloud services with RedHat at the helm in order to catch up to cloud market leaders like Amazon AWS, Microsoft Azure and Google Cloud Services. Red Hat is currently the global market leader for software containerization with 55% market share. The containerization market puts software systems, applications, and microservices in digital containers. Containers make software easier to build, deploy, and manage across any system or cloud, reducing time to market and costs for businesses.
TODAQ has created a new form of containerization, not for software but for assets and data, enabled by the TODA and ADOT protocols. The RedHat and TODAQ technologies and products are separate but complementary. Their combination will allow businesses to reduce costs and time to market, even more, solve business and counterparty trust challenges, and open up new markets.
As a first step, TODAQ intends to make its TODA-as-a-Service Ring software API platform available from the IBM Red Hat marketplace for all of RedHat’s customers and users. This will allow Red Hat customers to containerize their assets, making them immutable, immediately verifiably authentic, transferable peer-to-peer, compatible across any system or cloud, self-tracking, and with smart behavior. This will also greatly increase the total addressable market for TODAQ. Later intended work is to add the ADOT server product; transition TODAQ’s software products to become cloud-native and containerized; and add Rings as a Service allowing any company to decentrally create, own and trade their own TODA file containers with any other party.
We are grateful for the collaborative spirit and support our friends at Red Hat have demonstrated, as this platform will providing exist and new clients in the public and private sectors the opportunity to benefit from scalability and ownership granted by the integration of TaaS into Red Hat’s product offering. We are excited for the startups and enterprise corporations that are less familiar with our software, to get access to TODA and the ADOT Web.