In a statement, CEO Evan Gappelberg said the contract win illustrates how businesses and governments are looking for platforms that stop breaches and protect privacy.
"Bringing token authentication to the edge greatly enhances security and performance, which is huge for winning more contracts from our growing customer base," Gappelberg explained. “We are currently experiencing a surge in demand for our services across our multiple business segments including ARecommerce, our ARitize app, and our InfernoAR-video conferencing and virtual events platform.”
NexTech just recently beefed up user security for video streaming by partnering with Fastly Inc (NYSE:FSLY), which has built an edge cloud platform that provides a content delivery network, Internet security services, and video and streaming services.
Security is a core feature of InfernoAR and the platform has serviced many Fortune 500 businesses including Johnson and Johnson, Viacom, Merk and others, the company said.
Token authentication allows content delivery networks (CDNs) to reject serving videos to unauthorized users. By taking the JWT authentication to the edge, security is pushed closer to the user and load is taken off the core application.
JWT authentication works by a server generating a token that certifies the user identity and sends it to the client, who will send the token back to the server for every subsequent request so the server knows the request comes from a particular identity.
NexTech’s stock recently traded up by 14% to $3.41 a share in New York and increased by 16% to $4.76 a share in Canada.
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