MYTEK CORP blockchain IoT chip won overseas competition awards
【 Published by Commercial Times | Editor: Xie Yi-Yan】
Enter the digital finance and blockchain market
Blockchain technology has become a new generation of applied doctrine in all walks of life. The single-chip MY8603 for blockchain IoT developed by MYTEK CORP, upholding the strength of blockchain technology and IoT product experience accumulated over the years, has once again won overseas the outstanding projects of the chip application innovation competition have been unanimously recognized and praised by all sectors of the industry.
Since the opening of registration in March last year, chip application innovation competition, there are more than 300 product projects participated in the competition, and finally 41 products and services stood out and entered the finals, including Taiwan’s leading industrial computer manufacturer Advantech Co., Ltd., focusing on 5G intelligence home center products Wireless-Tag and so on.
The competition items cover five application areas of the Internet of Things, artificial intelligence, information security, medical electronics, and smart terminals, and the competition scoring standards are based on technological innovation, application development, and market feasibility. After wonderful and intense on-site presentations and oral examinations, MY8603, independently developed by MYTEK CORP, was unanimously affirmed in the application of blockchain technology in five major areas and won the outstanding project of this competition. MYTEK CORP’s MY8603 is also the only blockchain-related product among the award-winning projects, which has received high attention and praise from the audience.
2020 is a year when the blockchain market accelerates its popularity. After the baptism of the epidemic, the digital economy has become the fastest-growing market in the world. One of the most fundamental success keys of various types of the digital economy is the trust problem of data exchange, and blockchain technology is the best solution to the trust problem. In this competition, the innovative applications of various blockchains proposed by MYTEK CORP were strongly recognized by the on-site reviewers and manufacturers. For example, the application of blockchain in the Internet of Things is very extensive, but because the computing power of the computing chip (MCU) of the current Internet of Things terminal device is not high, the memory is insufficient, and the integration is too low, so the cost is too high. It is necessary to have a highly integrated IoT single chip for blockchain applications, and MYTEK CORP’s MY8603 is enough to solve the current industry development gap. For example, the remote medical industry, which is booming under the influence of the epidemic, has a high degree of confidentiality and exchange requirements for personal medical information. Therefore, MY8603 has many product implementation opportunities on blood pressure meters, blood glucose meters, and identity authentication cards.
The MY8603, the world’s first single-chip blockchain Internet of Things, developed by MYTEK CORP, is designed for various elliptical encryption algorithms required for blockchain applications. All hardware circuit implementations are used to achieve high-speed, power-saving and advantage of ease of use. In terms of software, it adopts a one-stop service R&D strategy and provides a completely practical application software development kit, which allows customers to significantly shorten product development and verification time by more than 60%, which is loved by customers. In response to the ever-changing needs of IoT products, MY8603 provides interfaces and functions such as USB, SDIO, ADC, etc., which can be applied to various types of terminal products. Coupled with the built-in DRAM, FLASH and random number generator, the security level is greatly improved, which can effectively prevent hackers from cracking. Due to the high degree of completeness and competitiveness of the product, MY8603 won praise from many blockchain manufacturers as soon as it went public.
MYTEK CORP Blockchain Internet of Things single-chip MY8603, which once again won the outstanding project in the overseas chip application innovation competition, has successfully received a large number of responses from customers, including brand manufacturers and contract manufacturers. At present, the customer base is mainly based on applications such as finance, insurance, medical care, and smart home. In the future, it is expected to lock in transportation, food traceability, energy grid and other industries, and related customers have entered the evaluation stage. With the expansion of the company’s operating scale, it is expected to apply for the listed in the emerging stock market to obtain more capital momentum, allowing the company to grow at a high speed in a stable construction.
■ Source: Commercial Times
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