CENTRI Technology Launches Atonomi Network to Bring Security and Trust to Internet of Things

Leading IoT security firm building blockchain-based network offering trust and security for IoT devices

Seattle, WA, United States - December 7, 2017 /MarketersMedia/ —

Leading IoT security firm building blockchain-based network offering trust and security for IoT devices

Atonomi, the blockchain-based arm of leading IoT security provider CENTRI Technology, has today announced the launch of the Atonomi Network, a crypto-security protocol that will enable advanced trust and identity validation for IoT devices for the first time. Building on Ethereum technology, the Atonomi Network will provide an immutable blockchain-based identity and reputation service to secure the vast realm of IoT devices - ranging from home automation systems, to smart-city infrastructure, to industrial sensors and controllers.

The project, backed by venture capital firm LaunchCapital, will also provide the security, identity validation, reputational trust, scalability and transaction processing speed required for billions of IoT devices to conduct trillions of device-to-device transactions.

Atonomi CEO Vaughan Emery said, “Building on years of CENTRI’s experience in security technology innovation and our relationships with large device manufacturers, the Atonomi Network’s protocol will create a secure ecosystem for autonomous device-to-device transactions. IoT already enhances many aspects of our lives, but the current challenges that plague security, including the absence of identity validation and device trust mechanisms, impede the way we transact and interact. By verifying the identity of individual devices via the blockchain, the Atonomi Network will help the IoT reach its full potential for scale.”

The standout advantages of Atonomi Network include validated device identity, reputational tracking, an immutable blockchain-based ledger of things, interoperability across industrial and consumer devices, and a partner-focused extensibility model to enable broad adoption of the solution.

“We are focused on extensibility of the Atonomi Network so that vendors will be able to build distributed applications, known as DApps, using our protocol and secure infrastructure to meet the precise security needs of specialized verticals and custom use cases,” Emery said.

The Atonomi Network will help secure the IoT and its real world applications. Homeowners, for example, can register smart home devices with the Atonomi Network to validate devices on the premise and help eliminate the risk of hackers accessing personal information. Electric cars can plan the next charging stop by monitoring the price and location of upcoming charging stations, and make the payments autonomously.

Within industrial IoT, the Atonomi Network can protect against hackers gaining control of the sensors, controllers, and other devices that regulate the operation of essential infrastructure, such as hydroelectric dams and utility grids.

The Atonomi Board of Advisors has attracted preeminent blockchain thought leaders and innovators, including Andrii Zamovsky, founder of Ambisafe; Dr. Ulf Lindqvist, Program Director at SRI International; David Fragale, former Blockchain Lead at PricewaterhouseCoopers; David Jevans, CEO of CipherTrace; and Rob May, Co-Founder and CEO of Talla.

Advisor Andrii Zamovsky said, “We were immediately attracted to the Atonomi vision and the advanced architecture that sets the Atonomi Network apart. IoT absolutely requires this innovative technology built on identity and trust, and this project will provide the solution needed to make IoT work.”

CENTRI is backed by more than $20 million USD from US venture capital investors.

For more information, visit Atonomi.io.

About Atonomi:
Atonomi is the creator of the Atonomi Network, which will offer blockchain-based security protocol for the Internet of Things. The Atonomi Network will provide a secure and immutable blockchain-based identity and reputation service for IoT devices, and securely store device-to-device transactions into an irreversible ledger of things. Atonomi’s parent company, CENTRI Technology, is the creator of IoTAS – Internet of Things Advanced Security.

Contact Info:
Name: James Salter
Email: james.salter@atonomi.io
Organization: Atonomi

Source URL: https://marketersmedia.com/centri-technology-launches-atonomi-network-to-bring-security-and-trust-to-internet-of-things/275049

For more information, please visit https://atonomi.io

Source: MarketersMedia

Release ID: 275049

Latest News

Mezzanine collapse inside Jakarta tower hurts nearly 80

Jan 19, 2018

JAKARTA, Indonesia — A mezzanine floor inside the Jakarta Stock Exchange tower collapsed on Monday, injuring nearly 80 people and forcing a chaotic evacuation. Security camera footage circulated online showed the collapse, with a group of people plunging several meters (feet) to the ground as the structure gave way beneath them. People fled the building through a lobby strewn with debris. Emergency personnel tended to the injured on the grass and pavement outside the tower. National police spokesman Setyo Wasisto said most of the injured were college students from Palembang in Sumatra who were visiting the stock exchange as part...

Indonesia hard-line Muslims protest ban on Facebook accounts

Jan 19, 2018

JAKARTA, Indonesia — Muslim hard-liners marched in Indonesia's capital on Friday to protest Facebook's blocking of accounts belonging to their group. About 200 protesters organized by the Islamic Defenders Front, known by its Indonesian acronym FPI, marched after Friday prayers from a mosque to the Facebook Indonesia office, which was guarded by hundreds of police. They halted traffic along the way as they chanted "Allah Akbar," or "God is Great." Many carried banners saying "Don't persecute Muslims" and "Please don't judge our status on Facebook." The group wants to impose Shariah law in the secular nation. It has a long...

Malaysia to pay US firm up to $70M if it finds missing plane

Jan 19, 2018

PUTRAJAYA, Malaysia — Malaysia's government said Wednesday it will pay U.S. company Ocean Infinity up to $70 million if it can find the wreckage or black boxes of Malaysia Airlines Flight 370 within three months, in a renewed bid to solve the plane's disappearance nearly four years ago. Transport Minister Liow Tiong Lai said there was an 85 percent chance of finding the debris in a new 25,000 square kilometer (9,650 square mile) area — roughly the size of Vermont — identified by experts. The government signed a "no cure, no fee" deal with the Houston, Texas-based company to resume...

Singapore arrests 17 suspected in Shell oil heist

Jan 19, 2018

SINGAPORE — Singapore police have arrested 17 men suspected of involvement in stealing oil from the largest Shell refinery in the world. Police said Tuesday that they also seized $2.3 million and an oil tanker in connection with the theft, which was first reported in August. Singapore media reported that that nine of the men were charged with criminal breach of trust and could face up to 15 years in jail if convicted. Two Vietnamese were accused in court of receiving stolen goods and could face up to five years in jail, local media said. Shell has not said how...

Malaysia OKs new search by private company for missing plane

Jan 19, 2018

KUALA LUMPUR, Malaysia — Malaysia's government said Saturday that it has approved a new attempt by a private company to find the wreckage of Malaysia Airlines Flight 370, nearly four years after its disappearance sparked one of aviation's biggest mysteries. The Houston, Texas-based company Ocean Infinity dispatched a search vessel this past week to look in the southern Indian Ocean for debris from the plane, which disappeared March 8, 2014, on a flight from Kuala Lumpur to Beijing with 227 passengers and 12 crew members. The governments of Malaysia, China and Australia called off the nearly three-year official search last...

About Us

Pioneered by experienced entrepreneurs, bankers and software engineers, BursaKL stand tall to bring you the latest state of business and finance from Malaysia and all over the world.

Contact us: sales@bursakl.com