Beyond Protocol develops a secure blockchain protocol that enables machine-to-machine transactions and industrial-grade identity verification for Internet of Things devices. This technology addresses vulnerabilities in device communication by ensuring data integrity and authentication, making devices resistant to hacking and unauthorized access.
Funding
$12.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Internet of Things (IoT) devices are vulnerable to hacking and unauthorized access due to insecure communication protocols and inadequate identity verification mechanisms. This lack of security compromises data integrity and exposes sensitive systems to potential exploitation.
Solution
Beyond Protocol provides a blockchain-based security solution designed to establish trust and enable secure machine-to-machine (M2M) transactions for IoT devices. By leveraging distributed ledger technology and hardware signatures, the protocol creates a secure communication channel that validates transactions and communications, making devices resistant to hacking. The platform aims to foster an ethical language for machines, ensuring data integrity and preventing unauthorized interference.
Target Audience
The primary target audience includes developers and manufacturers of IoT devices seeking to enhance the security and integrity of their products, as well as enterprises deploying IoT solutions that require robust authentication and data protection.
Features
- Blockchain-based protocol for secure machine-to-machine communication
- Industrial-grade identity verification for IoT devices
- Hardware signature validation to prevent device spoofing
- Tamper-proof data transmission using distributed ledger technology
- Support for autonomous blockchain transactions via a secure wallet
- Platform-independent architecture for broad compatibility