Xperanti, Malaysia’s first nationwide licensed IoT network provider, today announced it has entered into a partnership with ProximaX, a next-generation blockchain platform, to further innovate and unlock new capabilities in the IoT industry.
The partnership entails the utilization of ProximaX’s Sirius blockchain platform to complement Xperanti’s 0G Sigfox technology to develop purpose-built and cryptographically secured, end-to-end IoT solutions that can be rolled out nationwide using the Sigfox network.
ProximaX and Xperanti will explore the various opportunities to create a strong synergistic effect and enhance data privacy, making IoT applications scalable without compromising data security. This includes implementing digital IDs for every device to be tracked, with standards complying unique identifiers, similar to MAC or IP addresses in other implementations.
“The solution provides us with an opportunity to showcase a world-class product for IoT tracking and logging. It is our hope that one day, this can be extended to other transceiving network systems where entire networks can use this as a de facto standard for transnational tracking, roaming, and charging.”
– Lon Wong, Founder and CEO of ProximaX
There are many more use cases where Xperanti and ProximaX’s collaboration can expand into, including areas such as smart cities, manufacturing, food handling, agriculture, utilities and energy, retail, home and lifestyle, insurance, and banking and finance. The strategic upper hand that eventuates from this partnership shall see the two companies continuously pushing the boundaries of IoT and blockchain for the benefit of customers worldwide.
“By 2023, there will be 1 billion IoT devices connected to the Sigfox network. Hence, it is even more important to ensure data integrity and reliability. Our partnership with ProximaX is to leverage and expand the possibilities of blockchain adoption in IoT, addressing scalability while enhancing performance, cost efficiency, reliability, and data security.”
– Xperanti’s Chief Operating Officer, Vicks Kanagasingam
Xperanti is the local operator for Sigfox, the initiator of the 0G network and the world’s leading IoT service provider with global coverage in over 65 countries. Sigfox’s unique approach for device-to-cloud communications addresses the three greatest barriers to global IoT adoption: cost, energy consumption, and global scalability.