This is a guest blog post written by Pim Tuyls, Founder and CEO of Intrinsic-ID
We are a Dutch SME focusing on securing the Internet of Things. Winning the Innovation Radar Prize 2016 was an important achievement for the team and a clear acknowledgement that our technology provides an important building block for securing the ever more complex and pervasive digital world.
Intrinsic-ID’s work on Physical Unclonable Functions or PUF technology was awarded both the overall winner's prize and the prize in the “Excellent Science” category for its scientific achievement and the potential value it represents to the economy and society. Intrinsic-ID’s PUF technology enables a unique electronic fingerprint to be extracted from apparently identical electronic chips. Much like the electronic equivalent of a human fingerprint, the PUF uniquely identifies and authenticates any electronic device. It uses inevitable differences appearing in the manufacturing process, to create a secure identifier. This identifier is crucial in today’s digital world for establishing secure transactions.
We are excited to win this prize. It is a great honour to be recognized for developing products based on top scientific research. We are very grateful to the EU for its support provided through the FP7 PUFFIN project to help us accelerate development and address new, promising markets.
What is our vision? To authenticate everything!
Usually, authentication is associated with identifying persons. But nowadays, more and more of our communication occurs between autonomous machines. With our technology, every device and every smart component in a device can have its own identity. This results in key provisioning schemes and security models that are more flexible, require less hardware and yet provide high grade security.
Intrinsic-ID already has several customers in the market of high security electronics and payment cards. We are working with most of the leading makers of IoT chips to ensure that every device, from the tiniest sensor to large CPUs can be protected.
But we are not only working with chip makers. We are being approached by companies along the entire electronics value chain, from companies that design circuits to companies that make complete end-products. Our technology is very lightweight and versatile. It uses existing hardware in a new way, adding hardware security to systems that previously had little or no security built-in.
In Bratislava, my colleague, Vincent van der Leest, Director Business Development took on the challenge to summarise the results of over 10 years of research in 3 minutes. His pitching sessions was successful and the prize we’ve been awarded indicates that security is a real concern for our society and we have the right approach to bring our disruptive innovation to the market.
Recently, Euronews aired a program on the Innovation Radar initiative featuring Intrinsic-ID. You can watch it on their website.