received by email as shareholder update. Don't think its an ASX announcement
"11 December 2020
Security Matters Completes Proof of Concept
With Intel
• Security Matters proof of concept demonstration focused on enabling a reliable and consistent Supply Chain Integrity solution for Intel’s products
- All goals of the proof of concept demonstration were successfully accomplished
- SMX technology proved its value-added potential to Intel’s Transparent Supply Chain
Security Matters Limited (ASX: SMX) (Security Matters or the Company), a company focused on digitising physical objects on the blockchain to enable a circular and closed loop economy, is delighted to announce it has completed a proof of concept.
The proof of concept demonstration conducted by SMX focused on creating a reliable and consistent Supply Chain Integrity solution to enable protectionfrom the replacement, removal or repositioning of motherboards and their components related to Intel’s products.
The demonstration comprised Security Matters’ implementation of a technology to identify real tampering. The SMX technology attests to the sourcing of the products throughout the value chain. As a result, the proof of concept goals was successfully accomplished through the demonstration of the diverse protection levels that Security Matter’s technology offers.
Security Matters’
Haggai Alon, Founder and CEO SMX comments:
“SMX has successfully demonstrated its commercial and technological abilities to generate and secure a digital twin on the blockchain for electronic componentry. This next generation IoT2 global standard will have a major influence upstream and downstream in the electronics manufacturing value chain.
We have been privilege to work collaboratively in partnership with Intel, an industry leader who is at the forefront of world changing technology. Together we will accelerate the adoption of a new global standard for technology integrity and sustainable circularity by marking electronic components.”
--Ends--"
