Commercializing decentralized IoT authentication for blockchain and zero-trust application.
The Austin Technology Incubator (ATI) is pleased to announce Vitro Technology as the newest addition to its sustainability portfolio. Vitro’s Zero Trust IoT platform authenticates real-world device data to ensure secure, auditable inputs for automated processes like track-and-trace and carbon or energy trading.
IoT > Opportunities and Challenges
The IoT market is a fast-growing industry of interconnected devices capable of remote operation. IoT was designed to enable low-cost networking hardware to both monitor and control a wide array of remote equipment with limited bandwidth access. While growing rapidly, the IoT market has placed minimal emphasis on security and authentication of remote data. High profile hacks and security failures continue to plague nascent IoT projects in wide-ranging applications.
Block Data for Security > Automated Transaction Processing
Founded in 2015 in Austin, Texas, Vitro has developed a decentralized, crypto-secure platform for the administration and management of remote data. Their full-stack IoT platform leverages both hardware and software to protect data at rest and in transit, as well as provide controlled access. The result is a solution that has qualified for Amazon’s AWS highest security rating.
“We believe that the devices we all rely on daily must be connected into trusted networks in order to expand the availability of critical services that enable a sustainable future,” said David Goodman, Vitro CEO and founder. Vitro has successfully executed projects associated with financing from The World Bank, Asia Development Bank, USAID, and other governmental and non-governmental organizations (NGOs). Recently, Vitro was also invited to join the 2020 MassChallenge Texas in Austin Program as part of the 2020 cohort.
Vitro : ATI Relationship
“Vitro is proud to be a member of ATI, and we look forward to contributing to the University of Texas technology ecosystem,” continued Goodman. “UT Grand Challenge goals inspire us, and we look forward to offering those projects a solid foundation in data authentication and Zero-Trust data access.” Erin Keys, director of ATI’s Sustainability Incubator, added, “IoT solutions support a vast array of sustainability efforts, so we look forward to accelerating Vitro’s impact by introducing them to ATI’s strategic contacts and immersing them in our advisory network.”
About Vitro Technology
The Vitro Technology Corporation is an Internet of Things (IoT) company leveraging crypto-security to enable blockchain transactions based on authenticated operating data from remote equipment. Vitro’s revolutionary platform allows customers to control and monitor remote sensors and equipment with authenticated operating data and automated transaction processing.
For more information, please visit vitro.io.