" We're talking about a $2B market," says Mark Vena, Director of Business Partnerships at U-tec
UNION CITY, Calif., Sept. 12, 2024 /PRNewswire/ -- U-tec, the leader in smart home solutions, today introduced the first smart lock to leverage ultra-wideband (UWB) technology, the Ultraloq Bolt Mission UWB+NFC, that provides consumers with enhanced security, a seamless user experience, and the convenience of not requiring physical contact or proximity cards.
U-tec is the first company to leverage UWB technology in smart locks. It allows the Ultraloq Bolt Mission UWB+NFC smart lock to significantly enhance its functionality by providing accurate spatial awareness and secure, hands-free access - making it an ideal solution for modern access control systems.
Ultra-wideband technology, a wireless communication protocol, operates at very high frequencies, allowing for precise location tracking and data transmission over short distances. When integrated with the Ultraloq Bolt UWB+NFC smart lock, UWB technology enables devices to determine their exact position relative to the lock, ensuring that only authorized users within a close range can unlock it.
The Ultraloq Bolt Mission UWB+NFC smart lock integrates with various smart home systems, including Apple Home, Amazon Alexa, Hey Google, SmartThings, and IFTTT, allowing remote access and monitoring via a dedicated mobile app.
"Ultra-wideband technology is redefining smart locks—offering precise, instant access and unmatched security. It's the next level of convenience and protection for your home." said Jesse Wang, Head of Product Marketing at U-tec.
U-tec expects to launch smart door locks with UWB+NFC technology in two phases. The first version of Bolt Mission UWB+NFC, released in Q4 2024, will support Matter and HomeKit. The proximity door opening feature is only available through the U-home App and does not currently support the soon-to-be-released Aliro standard. However, a more high-end version will support the Matter and Aliro standards when released in 2025. The first version of Ultraloq Bolt Mission UWB+NFC is expected to ship in Q1 2025. [To talk about partnership]
"We're talking about a $2B market. UWB technology offers incredibly precise distance and location measurement, making it especially valuable for a wide range of applications, including smart locks," said Mark Vena, Director of Business Partnerships at U-tec.
"U-tec has named this lock the Bolt Mission UWB+NFC, as it accurately reflects U-tec's ongoing mission to make advanced technology accessible to everyone. Our company aims to empower individuals and families with the convenience and benefits of modern technology. The Bolt Mission UWB+NFC represents a significant technological breakthrough, furthering our commitment to enhancing the mainstream user experience," Vena continued.
Features: Ultraloq Bolt Mission UWB+NFC
The Ultraloq Bolt Mission UWB+NFC builds upon the feature set of past Ultraloq smart locks with a stylish, compact design and unique user experience.
About U-tec
U-tec is a pioneering force in smart home security, dedicated to redefining how people safeguard their homes with innovative, user-friendly solutions. Founded in 2015, the company has quickly established itself as a leader in the industry, leveraging cutting-edge technology to create intuitive and reliable smart home solutions. For more information, please visit www.u-tec.com.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
The World's First UWB Technology in Smart Lock Application to Surprise AIoT Market
EMURGO connects the Zilliqa ecosystem to the Cardano ecosystem through a variety of interoperability and economic security-focused initiatives.
SINGAPORE, Sept. 17, 2024 /PRNewswire/ -- EMURGO, a blockchain technology company that facilitates commercial adoption of the Cardano blockchain, today announced a strategic partnership with the Zilliqa Group, a Web3 and metaverse venture builder for the luxury and entertainment industries that leverages leading-edge Web3 technologies across its ventures, including the Zilliqa blockchain. The partnership focus extends beyond interoperability between the Cardano and Zilliqa blockchains and will also include mutual collaboration in the following areas:
As part of this strategic collaboration, Zilliqa Group will join Intersect (Cardano governance member-based organization), and become a part of Cardano's globally distributed community in helping to shape Cardano's governance processes.
EMURGO COO Nikhil Joshi said, "This collaboration with Zilliqa underscores EMURGO's commitment to enhancing interoperability with the Cardano ecosystem and supporting the diversification of its community-driven governance. We are pleased to work with an established blockchain network across the usage of our solutions and bridge Zilliqa into the Cardano ecosystem to further strengthen liquidity and adoption for the benefit of users and developers."
Zilliqa Group CEO Max Kantelia said: "Partnering with EMURGO and the Cardano ecosystem represents a major step forward in our mission to build a more inclusive, scalable, and accessible blockchain future. By focusing on interoperability, we ensure that users and apps across both the Zilliqa and Cardano networks benefit from enhanced liquidity, governance, and shared innovation. This collaboration is a powerful reminder that the future of blockchain is a collaborative effort, and we're excited to be at the forefront of this cooperative approach to Web3."
These steps demonstrate that the bridge between the Zilliqa and Cardano networks is not just a technical step towards greater interoperability, but marks a shift in Web3 mentality that puts distributed blockchain governance and the user experience first.
About EMURGO
EMURGO is a blockchain technology company and a founding entity of the Cardano blockchain that provides products and services to drive the adoption of Cardano's Web3 ecosystem. Originally established in Japan, EMURGO exists to facilitate commercial growth of the Cardano ecosystem and unlock the full potential of the ecosystem through partnerships, investments, education, and infrastructure development.
To connect and learn more, visit https://emurgo.io.
About Zilliqa Group
Zilliqa Group is a Web3 venture builder with entities focusing on innovating the luxury and entertainment industries, embracing a federated leadership model that allows entrepreneurs to concentrate on innovation and rapid execution. Zilliqa Group ventures include the Zilliqa layer-1 blockchain, metaverse and spatial web provider MetaMinds, music tokenisation platform TokenTraxx, and Web3 gaming company Roll1ng Thund3rz.
Zilliqa is an industry-recognised layer-1 blockchain that provides a robust platform for developers and enterprises. The pioneering blockchain platform aims to drive the mass adoption of Web3 through its upcoming, user-centric Zilliqa 2.0 network upgrade. Currently rolling out testnet with the mainnet launch in Q4'2024. Join early developers and validators in testing the network at https://roadmap.zilliqa.com.
To connect and learn more, visit https://www.zilliqa.group.
Disclaimer
You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by EMURGO to invest.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
EMURGO and Zilliqa Group Announce Collaboration to Enhance Interoperability Between Cardano and Zilliqa
