LOX Network: Our Vision for Better Wireless Device Security

Wireless device security challenges, how LOX can better protect your smartphone, and our vision for the future of the industry. Smartphone theft is at a crisis point. Over 446,000 handheld devices are stolen every year, equating to 1,222 phones per day. Our devices are more expensive to insure than ever and the global mobile phone insurance market is expected to be worth more than $40 billion by 2025. That’s why our mission is to better control smartphone thefts by creating the world’s first decentralized security network, giving the power back to smartphone owners rather than wireless carriers...

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