/ Our Mission
Emerald Circuit represents the first generation of integrated IoT and blockchain solutions. As a protocol and company, Emerald Circuit’s mission is to provide secure data from end-point to blockchain for the pioneers of the Fourth Industrial Revolution: From Intelligent Agriculture and Manufacturing, to Anti-Counterfeiting, Smart Logistics, and Real-Time Product Management.
IoT Data Security Challenges Threatens Innovation Across Industries:
Cyberattacks on IOT devices surged 300% in 2019, with an estimated 2.9 billion events observed.
Forbes
“98 percent of all IoT device traffic is unencrypted” while “more than half of IoT devices are vulnerable to medium- or high-severity attacks, making IoT the low-hanging fruit for attackers.”
Threat Post
IoT vulnerabilities pose legal challenges to companies operating under data protection and security regulations (GDPR). As Deloitte explains in their IoT Security report, “Thanks to the IoT, data security risks will very likely go beyond embarrassing privacy leaks to, potentially, the hacking of important public systems.”
Safeguarding the Internet of Things
At the Same Time The IoT Market Is Growing Exponentially:
“152,200 IoT devices connectedevery minute by 2025.”
IDC Data
The global IoT security market is expected to grow from $8.2 billion US dollars in 2018, to $35.4 billion US dollars in 2023. With a CAGR of 33.7% during this period.
Deloitte
By 2021, “Industry analysts predict that spending on IoT endpoint security solutions will be more than $630 million.”
Marketwatch
By 2026, the global connected logistics market size is projected to reach a market capitalization of USD 82.14 billion.
Global News
Emerald Circuit Is Positioned To Become a Global Pioneer and Leader of End-to-End IoT Device. Security: From Sensor Endpoint To Blockchain.