12 Cent
LFER's
SmartAxiom
Launching
NFT
Big Money Maker
July 27, 2021 -- InvestorsHub NewsWire -- via BioResearch Alert
--
-
Non-Fungible Tokens
(NFT) are the latest hot Blockchain
Application that exploded
2100% in
only 3 months from Q4 2020 to over $2 billion
in Q1 2021
-
SmartAxiom
NFT
game-changer
is unrivaled and
now
enables creators of digital assets to
use NFT's to
essentially "patent" their art
(including books and music)
and
creates
the potential for receiving royalties from their digital
assets
-
SmartAxiom
intelligent NFT
solution can scale to handle hundreds of millions of assets, users, and
transactions without affecting the performance or security of the
solution
-
SmartAxiom
also offers
unrivaled proprietary cybersecurity to protect billions of IoT
devices that
is "bulletproof"
-
Niraj
Kadakia, IBM Business Development and
Embedded Analytics, says, "If
every IoT device can be an entry point for hackers, what happens
when you add tens of thousands of internet connected devices to
your corporate network? We (IBM)
are excited to be working with SmartAxiom
because
their mission is to solve this problem by making IoT
safer"
-
LFER shares trade
at about 12 cents with a market cap of close to $5 million
in
a $165
Billion Cybersecurity
market
![Graphical user interface, applicationDescription automatically generated](https://investorshub.advfn.com/uimage/uploads/2021/7/27/Aspose.Words.e0edd86b-a464-40e7-968c-647545e8197e.001.png)
SmartAxiom
Inc, a
subsidiary of Life
on Earth Inc. (OTC
Pink: LFER), announced its Non Fungible Token (NFT) solution to
secure the identity and ownership of digital assets such as Digital
Art, Graphics, IoT devices, Music and more. SmartAxiom has developed and deployed an
innovative, light blockchain to manage and secure IoT devices such
as smart lights and shipment trackers. Establishing strong identity
(i.e.
ensuring that
communication is occurring with the correct device) is the
foundation of security and, when paired with an immutable
blockchain cloud backend, the SmartAxiom technology makes for a robust
and ready NFT solution.
The SmartAxiom NFT solution enables the owners
of digital assets to permanently attach a unique identity to their
asset (such as an artwork) and track how it is being shared and
distributed with other users. Immutable blockchain ledgers, that
are encrypted and distributed, store the digital assets, the
transactions of those assets, the users' records, and the smart
contracts executing the custom business rules. The NFT solution
enables anyone to verify the authenticity and ownership of an
artwork and trace its provenance (the chronological history of all
related transactions). The intelligent NFT solution can scale to
handle millions of assets, users, and transactions without
affecting the performance or security of the solution.
Amit Biyani, SmartAxiom founder and President,
commented, "We are pleased to launch this thrilling new application
of our blockchain technology. The potential market is huge, and we
are already deploying this for customers to help them monetize
their digital assets."
Mahmood Khan, LFER CEO added
"The exciting SmartAxiom NFT solution fits perfectly
with our strategy of delivering safe, compliant cloud systems that
raise business productivity and innovation. This solution enables
creators of digital assets to essentially "patent" their art and
enable the potential for receiving royalties from their digital
assets. I am very excited about the potential commercial benefits
to the artists and the owners of digital assets. This is a game
changer technology not just the hype about NFTs. I am very pleased
to bring this pioneering technology to robust commercial
solution."
More information on the
solution can be found at:
https://www.smartaxiom.com/solutions/NFT
About
SmartAxiom
Inc.
SmartAxiom's
software manages
and secures the Internet-of-Things (IoT) through patented, lite
blockchain technology running among those devices at the edge of
the Internet and enabling them to defend themselves. Our
peer-to-peer distributed ledgers improve security, latency,
reliability
and manageability.
We uniquely create the first true endpoint-to-cloud blockchain
solution, while our IoT Smart Contracts manage NFTs and push
intelligence to the edge. SmartAxiom technology is proving valuable
in many verticals such as smart buildings, manufacturing lines and
shipment tracking. It interoperates with enterprise systems such as
IBM Blockchain and Microsoft Azure and is proven on many
ARM
and Intel based
microcontrollers such as those from Intel, NXP, Renesas, Marvell,
and Broadcom. https://www.smartaxiom.com
About Life on
Earth Inc.
Life on Earth, Inc. (LFER)
is a cloud enterprise software developer and a provider that
enables rapid innovation that keeps the enterprise operations
safe, compliant and manageable. The products
were designed to help organizations innovate and modernize legacy
systems while minimizing cost and risk of business disruptions and
ensure regulatory compliance. For more information, please visit
our corporate website - www.lifeonearthinc.comInvestors
and corporate inquiries, please contact: info@lifeonearthinc.com |
(646) 844-9897
Forward-Looking Statements:
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements appear in a number of places in this release and
include all statements that are not statements of historical fact
regarding the intent, belief or current expectations of Life on
Earth, Inc. and its management with respect to, among other things:
(i) financing plans; (ii) trends
affecting its financial condition or results of operations; (iii)
growth strategy and operating strategy. The words "may," "would,"
"will," "expect," "estimate," "can," "believe," "potential" and
similar expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements, including those relating to the LFER's
financing being adequate for it to develop and market its software
products, and to launch its growth and expansion plans, among
others, are not guarantees of future performance and involve risks
and uncertainties, many of which are beyond Life On Earth, Inc.'s
ability to control, and actual results may differ materially from
those projected in the forward-looking statements as a result of
various factors. No information in this press release should be
construed in any way whatsoever as an indication of Life on Earth,
Inc.'s future revenues, financial performance or stock price. More
information about the potential factors that could affect the
business and financial results is and will be included in Life on
Earth, Inc.'s filings with the Securities and Exchange Commission
at www.sec.gov.
SOURCE: BioResearch
Alert
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