Some months ago, the IOTA Foundation announced its plans to spin off internal projects and solutions into independent entities. Today we are announcing SPYCE.5
SPYCE.5 offers DLT/Blockchain and Web3 infrastructure, secure data exchange and digital identity as a Service. Easy to integrate and build on. For Builders and Enterprises.
With the increase in automation, networking and data volumes, technology is needed to provide data security and authenticity. An organization’s operation is driven by information. Data needs to be received as quickly and accurately as possible and shared with partners in real-time. Blockchain is ideal, since it provides immediate, shared and transparent information stored on an immutable ledger.
Similar to how the internet revolutionized our way of interacting with each other, or how the cloud enabled new products and services while reducing costs, or how the iPhone led to a new generation of human-to-device interaction, we recognize that blockchain technology is at the brink of changing the internet forever.
However, using the latest technology always brings hurdles of early adoption. Finding the right experts can be tedious and managing different cryptocurrency as an enterprise brings a whole new set of regulatory, financial and legal issues with it as well. In addition, bringing an organization up to speed with an emerging technology like blockchain can take time and investment.
With SPYCE we aim to help innovators, builders and enterprise customers to bring their product to market faster by making it easy to implement and manage a blockchain-based solution with enterprise critical features like digital identity management and secure data exchange. We believe that by combining the unique properties of distributed ledger technology and our expertise in understanding its application in the real world we can empower enterprises to simplify operations and provide improved security for their data and infrastructure at a lower cost than traditional solutions.
Our platform will be built for companies of all sizes that see the potential of distributed ledger technologies but lack the expertise required to bring their products to market quickly and safely. This not only enables Web2 companies to tap into the Web3 world, but enables companies to focus on their core business instead of spending valuable time on running infrastructure and managing complex software stacks.
Who are we?
SPYCE is founded by a senior 3-person Co-Founder team: Holger, Regine and Kimmo. We have a proven track record and extensive experience in managed services, growth, marketing and product design over multiple industries — automotive, industrial IoT, finance and healthcare as well as deep knowledge of blockchain technology and its various applications. We are also entrepreneurs and scaled companies up to 600 employees. Over the past years at the IOTA Foundation we have worked with over a hundred organizations to analyze their requirements and help them understand how they can utilize blockchain technology for their business and data is reliably, securely and most importantly GDPR compliant stored on the blockchain and consumed on-demand in real time by machines, people and applications.
We are planning to launch the first infrastructure portfolio in the coming weeks. We will launch on Shimmer, as it provides the best foundation to build a decentralized infrastructure for asset sharing and tokenization in a secure, green, and scalable way.
Let’s build beyond the hype!
We are focused on enabling enterprises to quickly deploy and scale secure, efficient infrastructure for their projects and products without having to create it from scratch.
Check out our website at https://spyce5.com to learn more about what we are doing and how you could benefit from the SPYCE.. Don’t forget to sign up for our newsletter to be the first to hear about our upcoming closed beta launch and the new features on our platform.
We are looking forward to working with the community and enterprises to build innovative products and solutions which will bring the promise of the Web3 to fruition.
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