Blockfenders’ namesake platform enables companies to share information through a no-code interface. According to the startup, its platform makes it possible to create a software workflow for sharing records between organizations in a few minutes. The result is that data analytics initiatives can be launched faster.The company also promises to improve data security in the process by using blockchain technology to protect the information that customers share with one another. Before a company shares information with an external party, it can use the platform to carry out data masking. That’s the term for a cybersecurity method designed to reduce the risk posed by cyberattacks. Using data masking, a company can replace sensitive information in a file with a placeholder that doesn’t become a cybersecurity risk if the file is stolen by hackers.

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