Awards

About Us

EYL,

MASSCHALLENGE BOSTON 2016
DIAMOND WINNER

Won top prize at MassChallenge Boston 2016, the world's biggest startup competition with over 5,500 applicants

EYL Inc. won diamond award at MassChallenge Boston 2016, the world's biggest startup competition, known as startup Olympics, to which over 5,500 startups from around the world applied. After rigorous evaluation, MassChallenge selects 128 finalists and provides four months of acceleration program. At the end of the program, EYL was selected into the elite group of top 26 startups in its cohort and eventually won the highest honor, Diamond Prize. A global recognition of its potential!
Our founders are industry veterans with high level experiences at the best companies from Korea and the US: Samsung Electronics, Doosan, KPMG, SRI International, Samsung suppliers, etc.

THE MOST SHINING STARTUP IN THE WORLD

The DISRUPT 100 is an annual index celebrating the businesses with the most potential to influence, change or create new global markets.
The report tracks the world’s most disruptive businesses, compiled and curated by the world’s leading entrepreneurs, investors and business people.
Each Disrupt 100 venture was sourced from over 5M global startups and corporate ventures, has been scored against a specific criteria measuring the potential it has to affect an existing market or geography, introduce new customers into an existing market and/or creating a new market with significant customer demand.
The ventures were then judged by global brands including Google, Uber, Oracle, Silicon Valley Bank and Virgin StartUp, tech accelerators Microsoft Ventures, Accelerated Digital Ventures and Whitespace Ventures and entrepreneurs Emma Sinclair, Tom Goodwin and Bill Liao.
The 100 listing provides greater public understanding of the innovation by companies worldwide. We’re going beyond providing a simple index with analysis of the disruption and its wider impact provided.


EYL

SECURITY | SOUTH KOREA

FOUNDERS: DAEHYUN NAM┃JUNGHYUN BAIK┃BUSUK JEONG┃SUNGJOON CHO

CONCEPT

Those who want to protect communication and data from unwanted eavesdroppers and cyber criminals are using increasingly sophisticated encryption methods to do so. Yet still, hackers and other criminals are managing to decrypt them. Essentially, cyber war has become a game of chess, with new vulnerabilities constantly open to exploitation. EYL has sought to change the game for good by focusing on one particular component of the encryption system that can cut through this cycle – using utterly random numbers. This ultimate protection against cyber criminals has led to the unbreakable code and creation of the ‘entropy chip’. This is essentially a hardware-based solution to secure computer network systems.

HOW THEY’RE DISRUPTING

Although randomness is often used in encryption services, these are typically generated by software algorithms and are increasingly vulnerable to hacking. EYL’s core technology, entropy chip, harvests ultimate randomness (entropy) from nature by using radioactive isotope decay to generate random numbers. The result is extremely fast and effective random numbers that can be deployed for security systems, computer networks and other purposes. EYL technology is being trialed in the public and private sectors.

DISRUPTION POTENTIAL

The cybersecurity​ ​market is expected to be worth $170 billion by 2020.

INVESTMENTS AND FUTURE

Last year, EYL received the diamond award of $100,000 from MassChallenge funding.