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

More News From The Daily Feeder

Thai authorities block Bangkok march on coup anniversary

May 22, 2018

BANGKOK — Police in the Thai capital blocked a march Tuesday by pro-democracy activists protesting four years of military rule and detained several of the movement's leaders. About 3,200 officers were deployed, police said, to prevent about 200 demonstrators from defying a junta ban on protests with a march from a Bangkok university campus to Government House, where they were to demand that elections be held this year. Faced with barricades, a tropical downpour and lines of police, the protesters dueled with authorities by loudspeaker, trying to outshout police warnings that the demonstration would tarnish Thailand's image, scare tourists and...

AP PHOTOS: Thousands join Hong Kong bun-snatching festival

May 22, 2018

HONG KONG — Thousands of local residents and tourists flocked to an outlying island in Hong Kong on Tuesday to celebrate a local bun festival despite recording-breaking heat. The festival features a parade with children dressed as deities floated on poles. Later on Tuesday, contestants were to take part in a bun-scrambling competition. They will race up a 14-meter (46-foot) bamboo tower to snatch as many plastic buns as possible. Buns that are higher up are worth more points. It is one of the oldest and most colorful festivals in Hong Kong and started about a hundred years ago after...

Syrian army, police celebrate recapturing all of Damascus

May 22, 2018

BEIRUT — Syrian government forces raised their flag over the Yarmouk Palestinian camp in Damascus on Tuesday as state media promoted what it said was the "liberation" of the last quarters of the capital from rebels and Islamic State group militants. Police motorcycles flying the flag roared into what was left of the neighborhood in a show for state media, and a detachment of soldiers raised the government's standard from the roof of what is now a shell of a building. The ceremonies, broadcast on state-affiliated al-Ikhbariya TV, was meant to assure residents that Damascus was secure for the first...

Ariana Grande sends love to fans on Manchester anniversary

May 22, 2018

LONDON — Ariana Grande shared a message of hope with fans Tuesday on the anniversary of the bombing at Manchester Arena that killed 22 people. The pop star told survivors and the families of victims that she was "thinking of you all today and every day." "I love you with all of me and am sending you all of the light and warmth I have to offer on this challenging day," she wrote in a tweet that included a bee, the civic symbol of Manchester. Salman Abedi, a 22-year-old Briton of Libyan descent, blew himself up as fans were leaving...

Congressional leaders to review information on Russia probe

May 22, 2018

WASHINGTON — Ratcheting up pressure on the Russia investigation, the White House announced that top FBI and Justice Department officials have agreed to meet with congressional leaders and "review" highly classified information the lawmakers have been seeking on the handling of the probe. The agreement came after President Donald Trump made an extraordinary demand that the Justice Department investigate whether the FBI infiltrated his presidential campaign. It's unclear exactly what the members will be allowed to review or if the Justice Department will be providing any documents to Congress. White House press secretary Sarah Huckabee Sanders said Trump chief of...

About Us

The Daily Feeder, keep your life updated with the world’s most important political, business, and cultural news 24/7 like no any other news network can.

Contact us: sales[at]thedailyfeeder.com

Subscribe Now!