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SMX Unveils Advanced Protection for Cyber Hardware & Electronics

1. SMX launches technology for electronic component security and traceability. 2. Innovative features include real-time authentication and blockchain-based digital twin. 3. Technology supports sustainability by promoting e-waste recycling. 4. Expansion into cryptocurrency protection aligns with increasing digital asset needs. 5. SMX's advancements target AI industry, ensuring secure electronics for future growth.

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Why Bullish?

SMX's innovative technologies position it favorably in growing sectors, increasing investor interest.

How important is it?

The article outlines SMX's strategic developments likely to affect future revenue and market position.

Why Long Term?

Sustainability and cybersecurity demand will likely enhance SMX's market valuation over time.

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SMX (Security Matters) PLC (NASDAQ:SMX)(NASDAQ:SMXWW), a pioneer in digitizing physical objects for a circular economy, has announced the deployment of its proprietary hardware protection technology designed for various applications, in the rapidly evolving fields of cyber hardware and electronics, including as applied to the Artificial Intelligence (AI) industry. SMX's innovative system is designed to secure the integrity of electronic components and their supply chains from raw materials to final systems.Leveraging patented sub-molecular marking, and using micro-GPS trackers and advanced blockchain encryption, the SMX technology is designed to ensure unprecedented traceability and security for electronic hardware, by integrating seamlessly into manufacturing processes and to enable full authentication.This system offers:Real-Time Authentication and Control: Authorities and manufacturers can monitor, approve, identify and verify origination of sources, to mitigate risks and anti-tampering, ensuring compliance with geolocation and ownership restrictions.Blockchain-Based Digital Twin IOT2: Each marked component is paired with a tamper-proof digital twin, enabling lifecycle tracking and fraud prevention.Circular Economy Enablement: SMX's solution supports the recycling and reuse of e-waste, reducing reliance on virgin raw materials and promoting sustainability.Cyber Hardware & ElectronicsSMX highlights its growing presence in the cyber hardware segment, specifically in the protection of electronics components like NFC (Near Field Communication) and RFID (Radio Frequency Identification) chips¹. By integrating its proprietary coating and digital platform technology, SMX believes its products will provide unparalleled security and traceability for these critical components, which are integral to modern electronics. This advanced solution is designed to ensure these chips are resistant to tampering, geolocation-restricted, and fully authenticated throughout their lifecycle.Plastic Cycle Token & CryptocurrencyThe company's patents regarding blockchain, digital assets and virtual currency, currently being applied and utilized in SMX's Plastic Cycle Token to provide advanced protection and traceability, is now being extended to the cryptocurrency sector. SMX is leveraging this technology to offer protection for hardware and data centers, providing licensing and service solutions tailored to the needs of the cryptocurrency industry. The Company believes this expansion will position SMX as a leader in hardware and data protection services within the digital asset market.Aligned with its complementary visions of "AAA" - AI Autonomous Arteries - and "SSS" -From Sand to Silicon to System - SMX is extending its solutions to the core of electronics manufacturing, being able to apply its solutions to mark raw materials, printed circuit boards, and final products. This comprehensive approach is intended to create a robust foundation for high-security, sustainable supply chains.Additionally, as global reliance on AI is expected to grow, the Company believes in the need for secure and sustainable electronics to assist that growth. With its advanced capabilities, SMX is seeking to lead the way in safeguarding the next generation of technology while addressing critical sustainability challenges.Footnotes:SMX Integrates Its Proprietary Coating and Digital Platform Technology for NFC & RFID Chip Markings and Protection, (2024) https://www.accesswire.com/959864/smx-integrates-its-proprietary-coating-and-digital-platform-technology-for-nfc-rfid-chip-markings-and-protectionFor further information contact:INVESTOR RELATION ENQUIRIESFollow us through our social channel @secmattersltdEric DusanskyInflection Partners, New Orleans, USA@smx.tech P: +1 917 420 1309 or +1 504 381 4603E: [email protected]SMX GENERAL ENQUIRIESE: [email protected]About SMXAs global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.Forward-Looking StatementsThe information in this press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intends," "may," "will," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: successful launch and implementation of SMX's joint projects with manufacturers and other supply chain participants of steel, rubber and other materials; changes in SMX's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX's ability to develop and launch new products and services, including its planned Plastic Cycle Token, and apply its technologies to new markets; SMX's ability to successfully and efficiently integrate future expansion plans and opportunities; SMX's ability to grow its business in a cost-effective manner; SMX's product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX's business model; developments and projections relating to SMX's competitors and industry; and SMX's approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company's shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX's business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX's products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX's filings from time to time with the Securities and Exchange Commission.SOURCE: SMX (Security Matters)

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