CRYPTA LABS

• THE IDEA

  PRODUCTS & SERVICES

  Crypta Labs has built a ‘true’ random number that is generated from the quantum properties of light. QRNG, unlike classical Random Number Generators, are fundamentally unpredictable due the uncertainty principle. Crypta Labs is working with Mobile Payments Providers to increase the level of level of their security by switching their encryption protocol from a pseudo random number generator to a true random number generator. They are also in discussion with government agencies and all major cyber security consultancies to increase mobile security infrastructure both for themselves and their stakeholders.

  PROBLEM SOLVED

  Today’s problem is that all devices use Pseudo Random Number Generators, which is true of any brand or type. This exposes devices to potential attacks. In the future, shifts in society will mean that we manage more of our personal data on mobile devices. Ultimately, the number of cyber attacks on mobiles will still be fairly low but will nonetheless increase at 25% y-on-y. Also, IoT will increase the number of devices.

  REVENUE MODEL

  Software License
  Selling the License for its API Library: each phone, tablet, and wearable device will require a separate API as each product requires different calibration of the light sensors to generate the random number. Crypta Labs expects a Gross Profit Margin of 70%

  Patent License for Chip
  Selling the patent license to OEM of mobile phones, tablets, and smart-watches
  Selling the patent license to Internet of Things manufacturers to increase their products security level

  EXIT STRATEGY

  We are looking to exit with within the next 5 years.

  Acquired by a chip manufacturer
  Acquired by a Phone Manufacturer
  Acquired by an Internet of Things Provider

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Source: Icrowdnewswire