Lomiko’S Shd Smart Home Devices Adds Recurring Revenue Potential with Blockchain Security FOR Iot Products
#439- 7184 120th Street, Surrey, B.C. V3W 0M6
December 20, 2017
LOMIKO’S SHD SMART HOME DEVICES ADDS RECURRING REVENUE POTENTIAL
WITH BLOCKCHAIN SECURITY FOR IOT PRODUCTS
(Vancouver, B.C) Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) is
the lead investor in SHD Smart Home Devices, a company involved in the design, manufacture
and distribution of Internet of Things (IoT) enabled products. In the near future, millions of
consumers will purchase devices that have the ability to wirelessly connect to the internet through
a home or office Internet Service Provider (ISP) or Local Area Network (LAN) . Today, wireless
keyboard and printers are standard for computers. The extension of this connectivity to many
other devices and machines has created the new IoT industry , enabling homeowners, office
workers and manufacturers to monitor and perform tasks remotely using connected devices such
as smartphones, laptops and tablets.
The IoT will transform how we live and work, connecting homes, offices, and cities. However, the
current security model for IoT will struggle to scale up to meet the demand for millions of
connections required by this new IoT-based world. International Data Corporation estimates that
90% of organizat ions that implement the IoT will suffer an IoT -based breach of back -end IT
systems.
SHD has engaged MegaHertz Power Systems to expand its IoT hardware platform to incorporate
Blockchain Security level communication firmware within its products, which wi ll expand
connectivity and ensure generic compatibility without compromising security for its WIFI and USB
IOT Products.
"Not only does SHD have an incredible opportunity to participate in a burgeoning IoT and Smart
Device market, but we will add an essential security component which brings in recurring revenue
potential," stated A. Paul Gill, CEO. "Major companies such as IBM, Amazon and Google have
recognized this new market and have launched IoT Products and a major goal of SHD opportunity
to license both hardware products and embedded software solutions."
Blockchain’s cryptographic processes offer an alternative to expensive, in- house processing of
encrypted security protocols using dedicated servers alone. SHD will investigate using both in-
house solutions and a network of eligible blockchain processing units that will be paid with
cryptocurrency. Blockchain is built for decentralized control, a security scheme that is more
scalable. Blockchain’s strong protections against data tampe ring would help prevent a rogue
device from disrupting a home, factory or transportation system by relaying misleading
information. For this reason, Blockchain is promising for SHD Smart Home Devices IoT security.
Blockchain protocols provide assurances a request for access is legitimate. The IoT smart home
may use a simplified version of the blockchain by reducing the proof -of-work computational
requirement typical of other implementations. Standard IoT devices are not designed for heavy
computational work. Standard SHD Designs focus on creating WIFI mesh connectivity rather
than processing data.
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There are currently 130 million established households in North America and a healthy seasonally
adjusted annualized rate of 1.3 million housing starts. In addition, offices, hotels and coffee shops
are also potential markets for smart devices. If only one or two devices are installed in new homes
and retro-fitted into current homes undergoing renovations, there will be a healthy demand for
these products.
For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul
Gill at 604-729-5312 or email: [email protected].
On Behalf of the Board
“A. Paul Gill”
Chief Executive Officer
We seek safe harbor.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.