Alitheon: Alitheon has created software that uses machine vision to authenticate objects. Their technology allows for every object in the world to have a “fingerprint” and to be able to determine if the object is the same one when looked at again. This is a growing problem in the supply chain and collectibles market that Alitheon is aiming to solve. With applications in many sectors such as mechanical and electronic hardware, pharmaceuticals, documents, art, collectibles, and luxury products, the potential market size is substantial. Their team comes from JPL and Microsoft and holds over 60 patents on the technology. They raised a $2.8m seed round in June of 2017 and the investors were undisclosed.
The right-hand side of the photo shows more than 20,000 unique points of interest (circled in blue)
NuID: NuID leverages blockchain technology and zero knowledge cryptography to eliminate the need for companies to store passwords and credentials of customers. It uses trustless authentication to allow for seamless transactions while the company stores less of the customer’s data. This allows for more customer trust and less vulnerability to hacks. With concerns over how much data consumers are divulging, many companies will be looking to utilize this software to decrease their risk. They raised a $1.6m convertible note from 8VC in November 2017.
Visualization of NuID’s Trustless Authentication for Trusted Identity
David Tearse 