SMArt locks: the ‘key’ to keeping up with the technological revolution

In the last 20 years, the world of technology as we know it has changed seismically to a point beyond recognisable.

Encyclopedias of information, the latest updates on current affairs, and collages of memories, as well as the most trivial of details on our friends’ brunching habits have all been condensed, compounded and placed in our pockets. Print news is being eschewed in favour of online media outlets, and landlines are now almost exclusively reserved for your grandparents’ homes.

In the last 20 years, the world of technology as we know it has changed seismically to a point beyond recognisable.

Encyclopaedias of information, the latest updates on current affairs, and collages of memories, as well as the most trivial of details on our friends’ brunching habits have all been condensed, compounded and placed in our pockets. Print news is being eschewed in favour of online media outlets, and landlines are now almost exclusively reserved for your grandparents’ homes.

Between the expansive availability of Broadband Internet, growing Wi-Fi capabilities, and the monopoly of smartphones, internet connectivity is skyrocketing and encroaching into almost every aspect of our quotidian lives. As technology innovations continue to permeate into every sector, we are experiencing the dawn of a new era – the ‘Internet of People’ has become the ‘Internet of Things’ or IoT.

The vision for IoT is for virtually all objects around us to be able to communicate with each other, exchange information and work in synergy to significantly improve our lives in terms of convenience, comfort, productivity, efficiency and security. Amazon and Google dipped their metaphorical toe in the pool of possibility with their creation of ‘Alexa’ and the Google Home, respectively, which both respond to vocal commands to turn your lights on and off, and control all manner of appliances within your home.

The fundamentals of IoT are efficiency, interconnectedness and rapidity. The idea is that if something can be connected, it should and will be. This is supported by various analyst firms, such as Gartner, have made estimations on the levels of connectedness by 2020, with predictions ranging anywhere between 25-100 billion devices.

However the technology and execution of the concept is still in its infancy and has garnered a chorus of concerns regarding possible privacy and security concerns. In response to such concerns, companies such as TZ Limited (ASX: TZL) have taken the front foot in innovative lock technology to provide 21st century individuals with the security they need to operate in a society swiftly moving towards total interconnectedness.

The concept of locks has existed for centuries upon centuries. The first lock ever discovered –  retrieved from the northern regions of Mesopotamia – was over 4,000 years old. Since then locks have progressed in leaps and bounds, and with modern minds such as those at TZ considering the relationship between security, locking and the internet, a new and unprecedented technology is emerging to keep us safe.

Extending beyond physical locking systems, TZ has developed SMArt Locking technology that has the unique ability to record when and how servers are being accessed – a technology NATO and the Pentagon have recently employed.

The level of security being provided by TZ’s technology is unlike anything we have ever seen before, and can only be expected to infiltrate every industry and sector of our lives; from Police and Defence departments monitoring the access of weapon inventories, to Healthcare and Pharmaceuticals monitoring access to secure drug supplies.

Offering complete end-to-end electronic hardware and software solutions, TZ is taking the front foot in ensuring we can be secure in an insecure world dominated by an interconnectedness we can only scrape the surface of comprehending.

If you would like to subscribe to news and updates from TZ you can do so here.

This Week’s News

News

16 April 2024

Gold at record highs – so why aren’t gold stocks?

News

22 November 2023

Rare Earths Industry Review: Part 2

News

22 November 2023

Rare Earths Industry Review

General Advice Warning

Any advice provided by Reach Markets including on its website and by its representatives is general advice only and does not consider your objectives, financial situation or needs, and you should consider whether it is appropriate for you. This might mean that you need to seek personal advice from a representative authorised to provide personal advice. If you are thinking about acquiring a financial product, you should consider our Financial Services Guide (FSG)

including the Privacy Statement and any relevant Product Disclosure Statement or Prospectus (if one is available) to understand the features, risks and returns associated with the investment.

Please click here to read our full warning.