JURA ACQUIRES DATO AI TECHNOLOGY
Secure IoT-based Smart Home Automation Powered by JURA Blockchain Technology
Jura, a company specializing in creating highly advanced, innovative distributed ledger technology has announced that it acquired DATO AI Technology, a company that specializes in IoT technology and high-end, luxury smart devices. This acquisition will serve both companies by merging smart products such as cameras, locks, sensors and other devices with advanced security technology designed to protect the private information of customers.
This acquisition provides Jura with SMART products that are already proven to be successful, and allows them to continue implementing real world use cases, resulting in products that will be unmatched when it comes to convenience and safety, secured from threats (hackers, crackers, cyber-spies and data theft specialists).
The CEO of Jura stated about the transaction, “This acquisition represents an important strategic opportunity for both companies, as it allows us to perfectly merge our strengths, and provide the market with luxury products that are safe, secure, and trustworthy. DATO is company that already has a foothold in the home security and smart hardware market, and this acquisition will allow us to take their products to the next level.”
Through its use of cryptography algorithm and collective intelligence in peer-to-peer network, Jura aims to increase the security of IoT products while solving many issues that have resulted due to data centralization. You’ll have smarter, faster, and more secure products that can function on their own without the need to send your data to unsecure networks. Furthermore, the smart contract function and artificial intelligence component can further automate the system, rendering extra ease and comfort.
A spokesperson from DATO AI added, “The added security of Jura’s technology will provide value and safety to all of our future products, and soon become the industry standard when it comes to protecting both private data, and homes”.