New Alchemy Partners With Acreto Blockchain IoT Crypto Security For ICO Token Sale

In order to successfully run its Initial Coin Offering (ICO), the new crypto-IoT security startup Acreto has decided to partner with another company called New Alchemy, which is known for its blockchain consultancy services.

Acreto was created to provide a secure platform for IoT market and the token sale will be made to give investors a chance to enter this market.

Thad Eidman, which is Acreto’s Chief Operations Officer, has recently stated that the company is ready to create a new market on its platform for internet of things (IoT) and Crypto-IoT ecosystems. According to the COO of the company, Acreto is counting on the experience that New Alchemy can provide to help the company to launch an ICO that is fully compliant with the SEC.

This way, the new Acreto tokens will be able to be sold as securities anywhere in the world. The market is ever growing, as internet of things technology is one of the main cryptocurrency and blockchain consumers right now.

Cryptocurrency, the company states, can be used in many platforms as a way to help when transactions have to be made in a high number and data needs to validated. This can be done even outside of the financial industry and in fields like medical, transportation, supply-chain, logistics and even “smart buildings”, which is the case for IoT technology.

IoT Is Extremely Vulnerable To Hacking

Acreto’s main goal is to provide an opportunity for these IoT companies to be protected. Even following industry standards, the IoT devices can have a diverse range of capabilities, software and hardware and many of them are extremely vulnerable to hacking and similar attacks.

Because of this, the company will create an ecosystem to protect these IoT applications along with their users and even apps or clouds.

The Vice President of Marketing of New Alchemy, Theron Andrews believes that Acreto is a high quality company that has a lot to offer. According to the VP, the team has been impressed with Acreto and with what the company has to offer to the market.

Andrews explains that Acreto has a very experienced team and that this is very valuable in markets like this one because many companies planning ICOs are made up of beginners, unlike this one. According to him, the company has a real product that the market needs and a team that will be really able to deliver on it successfully, which is great for the ICO.