Vertically focused IoT companies are building diverse new applications for both controlled and autonomous device-to-device interactions, but the attack surface represented by billions of IoT devices – most of which are now unprotected or poorly protected – could enable hackers to disrupt the services that is expected to control many aspects of our lives in the coming years.

By building on the Atonomi Security Protocol, application developers can unleash the power of IoT. Since the inception of blockchain technology, developers have recognized its potential for protecting the IoT. But they hit a wall when it came to validating device identity and reputation. Atonomi will solve these problems by creating a secure ecosystem for IoT device interaction and commerce – essential to supporting billions of IoT devices engaging in trillions of transactions.

Trust and reputation enable security which enables interoperability among IoT devices. And cryptocurrency provides the ideal mechanism for supporting autonomous device-to-device transactions in the IoT. In the absence of digital tokens, devices would need to be equipped with credit card processing capabilities that require a far larger footprint on resource-constrained devices. With the Atonomi Network and Token, we can unleash the power of IoT.