“This technology is revolutionary and years ahead of anything else”, says Bernd Moeller, MYNXG’s founder and CEO. “My entire life has been dedicated to developing mobile technology, ranging from smartphone architectures, global 4G standards to secure mobile payments. MYNXG is normally focused on developing industrial solutions, but when the first signs of the COVID 19 pandemic appeared, we checked how we could utilize our technologies to save lives.”
Each smartphone needs to be securely connected to the MYNXG blockchain, which can be done using NFC readers available in our daily lives, like ATM’s and payment terminals. With this technology it is possible to automatically alert people when someone in their recent contact chain has been diagnosed as ‘COVID-19 infected’ by a medical professional and guide them to the nearest test center. Another possibility is to establish pandemic safety zones for medical professionals, which cannot be accessed without the necessary approvals. This reduces the risk of cross-contaminations.
Through this, governments and medical professionals will get real-time insights into the pandemic spread, as well as the effectiveness of the alerts that were issued. At any time, the MYNXG blockchain takes care that the individual’s data is secure, and their privacy stays protected, and no personal data or movement information will be shared.
“Of course, we do understand that you can get detailed movements data through mobile operators but warning people and tracking movements will not be without significant privacy compromises”, says Mirko Schnitzler, MYNXG’s CSO. “With our technology we can create an effective warning and tracking systems without compromising privacy. We will now start working closely with selected governments and NFC infrastructure operators to accelerate the deployment of this critical infrastructure.”
MYNXG was founded in 2013 and operates a unique smart, real-time and secure industrial IoT platform. This platform is implemented at several German and leading global industrial players to connect products, systems, machines and people securely and integrate the transactions with existing business systems. Its unique architecture is considered the industry reference for security.
MYNXG holds essential architectural patents for secure industrial IoT based on end-to-end encryption. MYNXG invented the MYNXG blockchain, specifically designed for industrial use, which can be used by any device. MYNXG access technology lets people interact securely with things, data and processes in their daily business. It utilizes the MYNXG Mobile Secure App that operates on any smartphone that supports NFC technology.
MYNXG is a fast growing scale-up company with EUR 10M+ revenues, operating with a team of 60+ people, through four legal entities, with offices in Nuremberg (HQ), Frankfurt am Main (Germany) and Utrecht (The Netherlands).
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