Vecap — Our Story
Vecap’s story began when one of our founders’ home network was hacked and his private information ransomed. He turned off his gaming console and disconnected it from the internet. His data was gone but with that disappearance came a strangely disturbing thought: How many more people had that hacker targeted with the same method?
We have looked at the market of IoT devices and saw a huge flaw which the industry’s meteoric rise would expand even further. In their rush to deliver finished products to keen buyers, the companies that manufacture these products showed zero concern for the security of their future users.
Instead of agreeing on a common networking protocol, each established their own server and application, causing their customer’s home network to be formed of disjointed parts with vulnerable links connecting them.
Their eagerness to profit from an exploding market has given hackers an upper hand. All they have to do is find one vulnerable point in your smart home– your router, TV, console, or any other appliance–and they’ll control your life. As the IoT industry grows to include basic utilities like water and electricity, the most optimistic predictions indicate that 8 out of 10 devices are vulnerable.
Soon enough, most everyday appliances will be networked. Given the outstanding security risks, it’s only natural one in every three people have put off setting up their smart home system. They’ve delayed the inevitable because they feel their privacy would be exposed. And they have a point! Why should we feel insecure in our own homes?
Luckily for them, Vecap’s founders got a team of blockchain & smart contract experts together to find a solution. By combining these two technologies, we can secure all communications between devices in your network. If these connections are protected, so are you.
We believe that in all technical fields, safety and efficiency should be the top priorities, even more so when it comes to your home and your personal information. This belief underpinned our work in guarding your privacy. That allowed us to conciliate the technological progress and online security without compromising.
The age of the smart home is just around the corner. While greed blinded the manufacturers of IoT devices, we focused on ensuring the primacy of the right to privacy for everyone.
Using our software infrastructure and physical hub, Vecap ensures all communications between external devices within smart homes are safe. With smart contract transactions protecting the internal connections of your network, and all recorded information being kept on a decentralised ledger, no hackers will give you nightmares.
Blockchain technology stacks the odds in your favour, so you don’t have to pick between your privacy and progress. The hope that every user should control his or her life independent from hacking threats has guided our founders and expert team in building a reliable, faster, and more trusted platform.
The peace of mind you’ve always wanted is well within your reach.
Secure your smart home with Vecap.