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Hella-backed Yptokey unveils software solution for digital keys, access authorization systems

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Company expects the first use case of the technology for automotive market in the next two-three years

Yptokey, a start-up specializing in blockchain technology and funded by Hella Ventures, has developed a software solution for digital key and access authorization system, according to a press release by Hella on 28 June. The new technology will allow users to lock and unlock locks using mobile devices such as smartphone. The technology will also enable users to manage access authorization securely.

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