cybercrypt
Ensuring Security
Security is paramount for our epoch of technological omnipresence where autonomous devices and machinery communicate ceaselessly and influence virtually every aspect of our society. The vast majority of devices that permeate this landscape are small sensors and actuators that act locally with very scarce resources; this necessitates new thinking and technology; in processing, bandwidth, battery, software etc. but also cryptography. This realization has given birth to vibrant efforts to develop and establish lightweight cryptographic standards.
IOTA is about the future
Currently IOTA uses the relatively hardware intensive NIST standard SHA-3/Keccak for crucial operations for maximal security.
Since the origin of the IOTA vision back in 2014, we — a diverse group of electrical engineers, cryptographers, distributed ledger pioneers — started tackling the hardware side with new thinking in computational processing. A next generation of microprocessor architecture based on ternary logic for ultimate efficiency in IoT is the result. (A deep dive blog post on trinary’s superiority over binary will come soon). Then there is the software protocol and platform side which acts as the adhesive holding this new ubiquitous realm together (the IOTA project itself), and finally, the cryptographic requirements that this paradigm shift demands for optimal efficiency, which is what this announcement is centered around. Enter Curl-P, P = Prototype.....
https://blog.iota.org/iota-foundation-hires-cybercrypt-615d2df79001John Licciardello to the IOTA Foundation
John Licciardello has built a career focused on financial innovation. Following his undergraduate degree, John moved to Mexico City where he played a key role in an early stage financial technology startup. The venture developed and brought to market an innovative and patented product to empower unbanked remittance beneficiaries to access any ATM. From 2011 to 2015, John had an active role in all aspects of the business from IT to finance. He spearheaded the integration of the technology with over 2,000 points of sale across Mexico, and played a leading role in closing a $10 million Series-A financing round. This experience — developing a market-based solution to help those most disadvantaged by the current financial system — ignited a passion in John to build a career working on financial innovations enabling the economically disenfranchised to build a better life.....
https://blog.iota.org/welcome-john-licciardello-to-the-iota-foundation-fec74e93031c