True IO offers a cloud-based platform that utilizes the Universal Communication Identifier (UCID™) to provide unique digital IDs for assets and IoT devices, enabling real-time tracking across multiple networks. This technology addresses the need for enhanced security and provenance in asset management, facilitating trust and transparency in enterprise operations.
Funding
$12M 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
Enterprises face challenges in tracking and managing digital and physical assets across disparate networks, leading to security vulnerabilities and difficulties in verifying provenance. Existing systems lack a unified method for identifying and authenticating assets, hindering trust and transparency in complex operations.
Solution
True I/O provides a cloud-based platform leveraging the Universal Communication Identifier (UCID™) to assign unique digital identities to assets and IoT devices. This enables real-time tracking and verification of assets across multiple networks, enhancing security and provenance. The UCID™ solution facilitates trust and transparency by providing a tamper-proof record of an asset's history and current status. True I/O's platform supports the tokenization of assets, unlocking new levels of enterprise value by enabling fractional ownership and streamlined transactions.
Target Audience
Enterprises seeking to enhance asset security, improve tracking capabilities, and establish provenance for digital and physical assets across various industries, including supply chain, finance, and IoT.
Features
- Universal Communication Identifier (UCID™) generation for unique asset identification
- Cross-network asset tracking and management
- Secure and immutable record of asset provenance
- Support for asset tokenization
- Blockchain Names for user-friendly asset identification
- True I/O Labs for custom blockchain solutions and cloud hosting
- NFTys for creating and managing non-fungible tokens