Gemalto and Deschman use mobile convenience to interpret safer smart locks

Amsterdam, June 19, 2017 - (Asia Pacific Business News) - Gemalto (European Stock Exchange NL0000400653 GTO), a global leader in digital security, has helped Deschman's latest smart lock platform for secure and reliable connectivity. Deschman is the world's leading manufacturer of smart locks and safes. Its new solution combines Gemalto's Machine Identification Module (MIM) and Security Chip (SE), allowing users to lock and unlock door locks via smartphones, or Multiple door locks create a digital key.
This solution provides greater security than traditional door locks. Mobile apps can be used to remotely create alternate or temporary virtual keys and simplify shared accommodation services. For example, the solution is able to track and monitor people who have recently opened a door lock. If the door lock is forced open, the app also sends an instant notification and automatically triggers the door lock built-in alert.
The smart lock market will expand rapidly in the next few years. According to a report by Transparency Market Research, the smart lock market is expected to grow at a compound annual growth rate of 18.3%, bringing market value up sharply, from $226.7 million in 2016 to $1.01 billion in 2024. Due to the improvement of living standards and safety awareness, the Asia Pacific region is rapidly developing into an important market for the smart lock industry.
Deschman CEO Zhu Zhiling said: “Security is at the heart of any innovative smart lock technology, and it is also true for us. We are always looking for complementary technologies to add security to our products and services. Gemalto has a range of solutions And expertise is needed for our new smart locks. Gemalto's ability to provide end-to-end security solutions and future plans for IoT-optimized connectivity such as LTE Cat NB-IoT has earned our trust."
Tong Xuejun, senior vice president of Gemalto Greater China and Korea Mobile Services and Internet of Things, said: “The world is transforming digitally at an unprecedented speed, and smart homes are quickly becoming the cornerstone of connected life. We look forward to interconnecting smart locks in the near future. Becoming part of people's daily lives. Our complete suite of secure IoT solutions and services helps manufacturers win the trust of consumers, which is critical for services such as virtual keys."
About Gemalto <br> Gemalto (European Stock Exchange NL0000400653 GTO) is a global leader in digital security with an annual turnover of 3.1 billion euros in 2016 and customers in more than 180 countries. Gemalto brings more trust to this increasingly connected world.
We provide technology and services to businesses and governments to verify identity and protect data security, and to support services between personal terminals, connected devices, the cloud, and these carriers.
Gemalto's solutions are positioned in the core areas of modern life, from payment to corporate security and the Internet of Things. We validate identity, transactions, and devices to protect data and create value for software—helping our customers deliver secure digital services to billions of people and devices.
We have 15,000 employees in 112 offices in 48 countries, 43 personalization and data centers, and 30 research and software development centers.

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