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

Defense contractor Raytheon reaffirms its commitment to UK

Jul 17, 2018

LONDON — U.S.-based defense contractor Raytheon says it remains committed to Britain amid the political turmoil surrounding the country's departure from the European Union. John Harris, chief executive of Raytheon's international unit, told The Associated Press that the company, whose U.K. roots go back 100 years, sees opportunities for growth even as Britain's negotiations with the bloc drag on. Several other major firms, including Airbus and Jaguar Land Rover, have warned that the lack of certainty over Brexit could force them to leave, taking tens of thousands of jobs with them. Harris says "we don't see any material negative impact...

Prince Harry, Meghan visit Nelson Mandela exhibition

Jul 17, 2018

LONDON — Prince Harry and his wife Meghan have visited an exhibition in London charting the life of Nelson Mandela. Peter Hain, a former anti-apartheid campaigner and chair of the Nelson Mandela Centenary Exhibition, said it was "very fitting" for the royal couple to visit because Harry does charitable work in southern Africa, and Meghan has said that Mandela is one of her heroes. Harry has visited sites associated with Mandela, including his Robben Island prison cell, and a former Mandela aide has said that Queen Elizabeth II enjoyed a solid friendship with the South African leader. Meghan chose a...

Heading for clouds: Aviation sector faces trade turbulence

Jul 17, 2018

LONDON — Aviation is soaring: Passenger traffic is up, fuel prices are under control and rising demand from Asia is driving aircraft orders. So what could possibly go wrong? One big thing: A trade war. Aircraft makers at this week's Farnborough International Airshow, a biannual extravaganza where billions of dollars of planes and parts are bought, say thousands of jobs are at risk in this most international of industries as U.S. President Donald Trump threatens to raise tariffs on a variety of goods and other countries prepare to retaliate. While Trump has said trade wars are "good and easy to...

Serena Williams at No. 28 in WTA rankings, climbs 153 spots

Jul 17, 2018

LONDON — Serena Williams climbed 153 spots in the WTA rankings after her runner-up finish at Wimbledon, putting her back in the top 30. Williams is ranked 28th in the list published Monday. At Wimbledon, the former No. 1 was playing only her fourth tournament after returning from childbirth, but still reached the final before losing to Angelique Kerber of Germany. Kerber climbed six spots to No. 4, with Simona Halep holding onto the top ranking despite going out in the third round at the All England Club. Kevin Anderson climbed into the men's top 5 for the first time...

Fendrich on Tennis: Djokovic rejoins Federer, Nadal in Big 3

Jul 17, 2018

LONDON — What had gone from a Big 4 to a Big 2 is now back to a Big 3, with Novak Djokovic rejoining Roger Federer and Rafael Nadal at the top of men's tennis. Each has been written off at some point. And each has won a major tournament in 2018: Djokovic's title at Wimbledon on Sunday, Nadal's at the French Open in June, and Roger Federer's at the Australian Open in January. "It's amazing," Djokovic's coach Marian Vajda said, "that those three got back like this." Maybe the U.S. Open, which starts in 1½ months, will break the...

About Us

Frontal Report is an emerging leader in all forms of media. We aim to be the leading news brand for readers around the world.

Contact us: sales[at]frontalreport.com

Subscribe Now!