The company's patented lite blockchain technology enables IoT devices to defend themselves, improving security, latency, reliability, and manageability. SmartAxiom's peer-to-peer distributed ledgers save infrastructure costs and push intelligence to the edge with IoT Smart Contracts. The technology is applicable in various industries, including smart buildings, manufacturing lines, vehicles, and shipment tracking. It interoperates with enterprise systems such as IBM Blockchain and Microsoft Azure and is compatible with ARM and Intel-based microcontrollers.