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Ciphrex is a provider of enterprise-grade software specialized in the cryptographic transaction processing (CTP) space. We develop, market and support CTP software that is secure, reliable, and scalable. Ciphrex approach to design is focused on four key aspects: security, simplicity, speed, and scalability. Security and speed are features everybody appreciates. Simplicity is needed to make the technology accessible to ordinary computer users, and scalability is essential for enterprise-level applications. At a fundamental level, it is our mission to create the technologies to build the peer-to-peer payment network infrastructure required to securely store and transact in digital assets. We also strive to bridge the gap between fiat (government-issued) currencies and digital currencies, with the purpose of facilitating exchanges and payments across a variety of monetary units. The advancement of CTP technology not only enables such monetary exchanges, it also improves the overall global network’s efficiency and presents the very real prospect of significantly reducing both transaction fees and settlement times. At last, CTP integrates online transaction processing fully into the information age, enabling “smart” contracts, making it possible to program custom rules into our financial resources which are enforced by p2p networks. We also provide consulting services to assist our clients in the development of their software applications. The scope of services spans from strategic conceptualization to initial product implementation and integration, and includes subsequent product enhancements, customization, and training. Our software solutions help customers reduce the cost and complexity of their IT units, freeing up resources they can use to invest in innovation and product differentiation.
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Michael Cerniglia serves as Chief Technology Officer and Executive Vice President at MicroPact Inc. Mr. Cerniglia has been with MicroPact Inc. since its inception and, as the lead architect for systems and software, is responsible for the development of all products. He has spearheaded the MicroPact's transition from being a predominantly services-based organization to offering enterprise-class software and services. Mr. Cerniglia has played a vital role in bringing MicroPact's industry-leading products to market, including entellitrak, entellidoc, and icomplaints. Business Process Management (BPM), Case Management and Document Management products developed by the team led by Mr. Cerniglia are used by over 140 Federal agencies as well as Fortune 500 organizations.