Industry: Software Infrastructure

Sector: Technology

Sollensys Corp. engages in the development of commercial blockchain applications for cybersecurity in the United States and Canada. The company provides Blockchain Archive Server, a turn-key, off-the-shelf, and blockchain solution that works with virtually various hardware and software combinations used in commerce, without the need to replace or eliminate any part of the client's data security. Its Blockchain Archive Server encrypts, fragments, and distributes data across various secure nodes every day; protects client data from ransomware malicious software; and maintains secure and immutable backup of data. The company is also developing the Argus Panoptes RFID System, a blockchain cybersecurity application, which allows the Blockchain Archive Server to record data from radio-frequency identification (RFID) sensors. It primarily serves small-to-medium sized businesses. Sollensys Corp. is headquartered in Palm Bay, Florida.

SOLLENSYS CORP. is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.