Trending...
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- Airwavz Solutions Appoints Monte Dube to Market Advisory Board to Strengthen Healthcare Wireless Strategy
Patented Technology Enables Unattended Retail Devices to Securely Accept Payment Without Dedicated Internet Connectivity
LOS ALTOS, Calif. - May 21, 2019 - illiNews -- Afero, the next-generation IoT platform company, today announced the general availability of ABLE technology. This secure BLE-to-Internet connectivity enables Unattended Retail Providers to deliver a high-quality customer experience without the ongoing expense and maintenance of connecting their machines to Wi-Fi or LTE. Devices such as parking meters, vending machines, and other intelligent retail offerings leverage users' smartphones for turnkey connectivity with hardware-backed security.
With this technology, Afero reduces both costs and time-to-revenue for device owners who want the benefits of IoT but don't need their devices to always be connected. For this type of owner, the important time for device connection is when customers are using it.
"Internet connectivity promises to address the Unattended Retail challenges of device health, inventory management, and cashless payments," said Joe Britt, co-founder and CEO of Afero. "Unfortunately, the cost of hardware and connectivity has left that promise unfulfilled for many of these device owners. ABLE technology delivers on that promise by leveraging the Internet connection present in the customer's smartphone, simply by scanning a QR code. No pairing is required, and the transaction is processed immediately."
More on illi News
In addition to payment data, the secure channel created with ABLE technology can be authorized to upload device telemetry, allowing the owner of the Unattended Retail device to get reports on the current status of each device, inventory levels, supply requirements, purchase trends, and other usage data.
Part of the Afero IoT Platform™ software, ABLE technology is designed to integrate securely with cloud-based payment processing solutions and supports the company's vision of IoT-enabled banking. In a recent related announcement, Afero introduced the "Bank of Things", a collaboration with Mitsubishi UFJ Financial Group, Inc. (MUFG) towards low-cost secure and reliable micropayment solutions for organizations, people, and things.
The Afero IoT Platform software has established a strong reputation for security, speed, and robustness. In addition, Afero has built a strong set of partnerships across the IoT technology spectrum, including notable projects developed with Kenmore, D-Link, and Mitsubishi UFJ Financial Group. A recent independent study of the IoT patent landscape, conducted by Parola Analytics, placed Afero in the Top 5 IoT organizations globally.
More on illi News
About Afero
The Afero next-generation IoT platform accelerates time to market, provides hardened security from sensor to cloud and from factory to customers, simplifies onboarding to help maximize customer connections, and uses data ontology to streamline machine learning. The Afero Platform is supported by elastic, multi-cloud services that deliver reliability, responsiveness, and a new software engineering model that unifies embedded, mobile, and cloud development.
Afero has assembled world-class mobile, hardware, security, and cloud veterans from Google, Apple, Nest, Danger, Microsoft, Amazon, Twitter, and Netflix. To learn more about Afero, please visit www.afero.io.
With this technology, Afero reduces both costs and time-to-revenue for device owners who want the benefits of IoT but don't need their devices to always be connected. For this type of owner, the important time for device connection is when customers are using it.
"Internet connectivity promises to address the Unattended Retail challenges of device health, inventory management, and cashless payments," said Joe Britt, co-founder and CEO of Afero. "Unfortunately, the cost of hardware and connectivity has left that promise unfulfilled for many of these device owners. ABLE technology delivers on that promise by leveraging the Internet connection present in the customer's smartphone, simply by scanning a QR code. No pairing is required, and the transaction is processed immediately."
More on illi News
- READY FOR NEW BUILDS – Pond & Waterfall Construction Season Starts Now!
- Generic Trade Marks 15 Years of Leveling the Trading Field for all Futures Traders
- HeyGears Achieves Breakthrough in Multi-Material Resin 3D Printing, Overcoming Bottlenecks in Dental Manufacturing
- Levata Acquires Logiscenter to Accelerate Growth in Enterprise IT and Data Capture Solutions
- Smart Resnse Unveils Smart Resnse(SRMS) Token-Powered AI Orchestration Platform to Revolutionize Multi-Billion Dollar Market
In addition to payment data, the secure channel created with ABLE technology can be authorized to upload device telemetry, allowing the owner of the Unattended Retail device to get reports on the current status of each device, inventory levels, supply requirements, purchase trends, and other usage data.
Part of the Afero IoT Platform™ software, ABLE technology is designed to integrate securely with cloud-based payment processing solutions and supports the company's vision of IoT-enabled banking. In a recent related announcement, Afero introduced the "Bank of Things", a collaboration with Mitsubishi UFJ Financial Group, Inc. (MUFG) towards low-cost secure and reliable micropayment solutions for organizations, people, and things.
The Afero IoT Platform software has established a strong reputation for security, speed, and robustness. In addition, Afero has built a strong set of partnerships across the IoT technology spectrum, including notable projects developed with Kenmore, D-Link, and Mitsubishi UFJ Financial Group. A recent independent study of the IoT patent landscape, conducted by Parola Analytics, placed Afero in the Top 5 IoT organizations globally.
More on illi News
- Josh and Heidi Follow Up the Much Anticipated and Successful Launch of the "Spreading the Good BUZZ" Podcast with a Personal Request
- Startup Born of CTE + Depression Launches Japandi Supply House
- Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
- Cover Girl Finalist Teisha Mechetti Questions Legitimacy of Inked Originals Competition, Demands Transparency
- Sylver's Debut Book Reveals Massive Industry Oversight
About Afero
The Afero next-generation IoT platform accelerates time to market, provides hardened security from sensor to cloud and from factory to customers, simplifies onboarding to help maximize customer connections, and uses data ontology to streamline machine learning. The Afero Platform is supported by elastic, multi-cloud services that deliver reliability, responsiveness, and a new software engineering model that unifies embedded, mobile, and cloud development.
Afero has assembled world-class mobile, hardware, security, and cloud veterans from Google, Apple, Nest, Danger, Microsoft, Amazon, Twitter, and Netflix. To learn more about Afero, please visit www.afero.io.
Source: Afero
0 Comments
Latest on illi News
- Dr. John Salerno of Salerno Wellness Introduces Their New Full Body Capsule for Advanced LED Light Therapy Patient Treatments
- Digi 995 Expands Its Universe: All Three Novels Now Available in Paperback Worldwide
- Chicago: Mayor Brandon Johnson on Track to Hit Summer Youth Employment Goal with Almost 29,000 Young People Hired for Third Consecutive Year of Expanded Opportunities
- $14M Expansion Deal with Famed David Lloyd Highlights Rebrand of Sports, Entertainment and Gaming Innovation by AI Driven, Online Fan Engagement Co
- Heartfelt Dreams Foundation Launches Campaign to Build CHD Hospital
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- Miami Real Estate Agent Drastically Increases Interest In Homes
- Adostics & Genmega Announce the Introduction of A-POD
- LIB and Nidec Rejoin Forces for Giant TH-0098 Temperature Humidity Test Chamber
- Digi 995 Audiobooks Officially Released: Fans Can Now Listen to the Complete Trilogy
- Naperville: Two Men Charged with Aggravated Street Racing
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media
- Service Ninjas Debuts First-of-Its-Kind "Membership" Platform for Home Service Pros
- BIYA Forecasts 2025 Surge with ¥300M ($41.8 M USD) in Revenue and ¥25M Profit from Cloud Based HR Solutions: Baiya Intl. Group (N A S D A Q: BIYA)
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
- Celebrate National Beef Tallow Day with South Chicago Packing
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams